PolyOne Corp
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Materials : Chemicals | Small Cap ValueCompany profile

PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. The Company's segments include Color, Additives and Inks; Specialty Engineered Materials; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets. The Specialty Engineered Materials segment provides specialty polymer formulations, services and solutions for designers, assemblers and processors of thermoplastic materials. The Performance Products and Solutions segment consists of the Geon Performance Materials and Producer Services business units. As of December 31, 2016, the PolyOne Distribution segment distributed more than 4,000 grades of engineering and commodity grade resins.

Price
Delayed
$33.03
Day's Change
1.32 (4.16%)
Bid
--
Ask
--
B/A Size
--
Day's High
33.52
Day's Low
31.50
Volume
(Heavy Day)

Today's volume of 628,819 shares is on pace to be much greater than POL's 10-day average volume of 435,943 shares.

628,819

Bank stocks fall as 10-year Treasury yields head for longest losing streak this year

8:51 am ET September 23, 2019 (MarketWatch)
Print

Bank stock took a hit Monday, as the yield on 10-year Treasury notes fell for a sixth-straight session, which would be the longest losing streak this year. The SPDR Financial Select Sector ETF (XLF) fell 0.5%. Within the ETF, shares of Bank of America Corp. (BAC) dropped 0.8%, Citigroup Inc. (C) shed 0.8%, J.P. Morgan Chase & Co. (JPM) lost 0.6%, Wells Fargo & Co. (WFC) gave up 0.5% and Goldman Sachs Group Inc. (GS) lost 0.6%. The 10-year Treasury yield fell 5.6 basis points to 1.699% after weak eurozone data (http://www.marketwatch.com/story/treasury-yields-tumble-after-eurozone-weakness-draws-spotlight-2019-09-23), and has declined 20.4 basis points since closing at a 6-week high of 1.903% on Sept. 13. Another decline at the close would mark the longest losing streak since the eight-day stretch ending Dec. 7, 2018. Lower longer-term yield can hurt bank profits, as it reduces the spread between what banks earn on longer-term assets that are funded by shorter-term liabilities. The financial ETF has gained 17.9% year to date through Friday, while the Dow Jones Industrial Average has advanced 15.5%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 23, 2019 08:51 ET (12:51 GMT)

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