Latest news with #ALB
Yahoo
23-06-2025
- Business
- Yahoo
Sell Palantir stock? This money manager thinks it's time
Everyone is looking for an edge in their portfolio. In the latest edition of Good Buy or Goodbye, Great Hill Capital chairman and managing member Thomas Hayes says he is buying Albemarle (ALB) and selling Palantir Technologies (PLTR). Find out why in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Sign in to access your portfolio
Yahoo
23-06-2025
- Business
- Yahoo
Is Albemarle Stock Underperforming the S&P 500?
Valued at a market cap of $6.7 billion, Albemarle Corporation (ALB) is a global specialty chemicals company headquartered in Charlotte, North Carolina. It is one of the world's largest producers of lithium compounds, supplying essential materials for electric vehicle batteries, energy storage systems, and consumer electronics. Companies valued $2 billion or more are typically classified as 'mid-cap stocks,' and ALB fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the specialty chemicals industry. The company's key strength lies in its leadership position in the global lithium market, supported by a diversified portfolio of both brine and hard-rock lithium assets, giving it flexibility and scale in production. Beyond lithium, it is also a major player in bromine specialties, providing flame retardants, pharmaceutical intermediates, and other high-value products. It benefits from strong global footprint, advanced R&D capabilities, and strategic focus on clean energy transitions. Robotaxis, Powell and Other Key Things to Watch this Week Is Quantum Computing (QUBT) Stock a Buy on This Bold Technological Breakthrough? The 7 Signs Your Stock Is A Buyout Target Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! This specialty chemicals company has slipped 50.3% from its 52-week high of $113.91, reached on Dec. 9, 2024. Shares of ALB have declined 26.4% over the past three months, considerably lagging behind the S&P 500 Index's ($SPX) 5.4% return during the same time frame. In the longer term, ALB has fallen 39.6% over the past 52 weeks, considerably underperforming SPX's 9% rise over the same time frame. Moreover, on a YTD basis, shares of ALB are down 34.2%, compared to SPX's 1.5% gain. To confirm its bearish trend, ALB has been trading below its 200-day moving average over the past year, with slight fluctuations, and has remained below its 50-day moving average since mid-December, 2024, with minor fluctuations. On Apr. 30, shares of ALB plunged 1.5% after its Q1 earnings release. The company reported revenue of $1.1 billion, down 20.9% year-over-year, mainly driven by lower pricing in its energy storage segment and a decline in volumes in its Ketjen segment. Moreover, its adjusted bottom line swung to a loss of $0.18 per share, compared to an adjusted profit of $0.26 per share in the same quarter last year. Its adjusted EBITDA also fell 8.3% year-over-year to $267.1 million. Albemarle has also lagged behind its rival, Sociedad Química y Minera de Chile S.A. (SQM), which declined 20.6%over the past 52 weeks and 11.8% on a YTD basis. Despite ALB's recent underperformance, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of "Moderate Buy' from the 24 analysts covering it, and the mean price target of $79.25 suggests a 39.9% premium to its current price levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Automotive
- Yahoo
ALB Vodka Announces Official Sponsorship of PREMA Racing for the 2025 Indianapolis 500
Indianapolis, Indiana--(Newsfile Corp. - June 2, 2025) - ALB® Vodka, the independently owned premium vodka brand rooted in New York, was proud to announce its official sponsorship of PREMA Racing at the 2025 Indianapolis 500. ALB VodkaTo view an enhanced version of this graphic, please visit: This collaboration brings ALB to the global motorsport stage as it supports one of the most anticipated entries in this year's "Greatest Spectacle in Racing." As PREMA Racing made its acclaimed two-car debut on the Indy 500 grid, ALB joined as an official sponsor, celebrating shared values of performance, precision, and authenticity. Piers Phillips, PREMA Racing INDYCAR CEO, commented, "We have worked hard to find authentic and committed partners like ALB to support PREMA at the Indy 500. Their team understands the importance of quality and identity, and we're proud to have them join us for this moment." ALB is proud to join forces with the fast-paced family-owned operation that placed the Driver of the Number 83 car, Robert Shwartzman, at the front of the field in the 109th running of the Indianapolis 500. PREMA's successful debut was underlined by an unprecedented result - winning pole position as a rookie team and with a rookie driver. And Shwartzman's performance was especially remarkable. A rising figure in international motorsport, and a former Ferrari F1 test driver and hypercar champion, Shwartzman aligns with ALB's mission of delivering excellence without pretense. "Our partnership with PREMA-represents more than a sponsorship," said John Curtin, a spokesperson from ALB. "It's about standing alongside teams and athletes that are grounded, ambitious, and uncompromising in their execution." The collaboration included ALB's on-site presence throughout the race weekend with branding on both the team's #83 and #90 cars, driver appearances in custom digital content, limited-edition event integrations, and co-branded moments celebrating the culture of performance and community. This partnership signals another milestone in ALB's continued expansion into national and experiential arenas-building on the brand's steady growth across retail, hospitality, and travel, including its national presence on JetBlue and in select premium venues across the U.S. About ALB® Vodka ALB® (/ā'el'bē/) Vodka is a premium gluten-free vodka made from 100% American corn and produced in Albany, New York. Known for its raw, authentic story as well as its dedication to both quality and value, ALB® Vodka embodies the spirit and energy of New York. With its expanding presence in prestigious venues and markets both domestically and internationally, ALB® Vodka is one of the fastest growing independently owned spirit brands in the country. For more information visit About PREMA Racing Founded in 1983 by Angelo Rosin and Giorgio Piccolo, PREMA Racing has established itself as one of Europe's premier motorsport teams. Based in Veneto, Italy, the team has a storied history of nurturing young talent and achieving success across various racing disciplines. PREMA has been instrumental in the development of numerous drivers who have progressed to Formula 1, including Charles Leclerc, Mick Schumacher, and Oscar Piastri. The team's commitment to excellence is evident in its multiple championship titles in series such as FIA Formula 2, FIA Formula 3, and the Italian F4 Championship. In 2025, PREMA expanded its horizons by entering the NTT INDYCAR SERIES, fielding two full-time entries powered by Chevrolet engines. This move underscores the team's ambition to compete and succeed on a global stage, bringing its legacy of performance and driver development to North American open-wheel racing. For more information, visit Contact: ALB Vodka Communications Email: hello@ To view the source version of this press release, please visit
West Australian
29-05-2025
- Sport
- West Australian
GSFL 2025: Perfect 10 coaches votes for Michael McGlade in Royals narrow win, Darcy Wallinger leads overall
Royals midfielder Michael McGlade picked up a perfect 10 in his first polling of the season in the Great Southern Football League coaches votes on Saturday. McGlade was a unanimous choice as best-on-ground by the two coaches, in the Lions tense four-point win over Denmark-Walpole at McLean Park . The Lions, who have won two games in a row, picked up most of the votes from the game with Declan McNamara and Seb Stanton also polling well. It was the first votes for McGlade in the 2025 GSFL Coaches Player of the Year Award. McNamara continued his strong season with seven votes and Stanton received four while Nelson Tulip and Ryan Hick from the Magpies got three each. Mt Barker gun Darcy Wallinger remains in the outright leader of the award, having picked up more votes in round five of the season. Wallinger (26 votes) holds a three-vote advantage over his teammate Daniel Patching, while Railways' Ryley Valli and Bulls' Darcy Clarke are just one vote further back. Patching and Clarke were highly influential in the Bulls' 38-point win over North Albany at Collingwood Park . The pair picked up nine votes each while Kangas midfielder Matt Orzel added five votes to his tally. Wallinger and Bulls forward Brandon Ugle collected three votes. Opinions were split in the top-of-the-table clash as the Tigers won by 60 points over Albany at Retravision Stadium . Eight players received votes from the coaches with only Lachie Cale and Logan Stubber featuring for both coaches. Young Tiger Cale picked up seven votes while Sharks' Bailey Taylor, Stubber and Tigers ruck Shane Braimbridge all got five. Just six votes separate the top six players on the leaderboard with McNamara (21) and Sharks' Bryce Blaszkow (20) well within striking distance. Cale joins teammate Jayden Scott on 19 and closely followed by Isaac Baum (18) and Orzel (17). Each league coach votes 5-4-3-2-1 for players on both sides at the end of every game. 2025 Coaches' Player of the Year Award Voting Round 5 Albany v Railways 7 Lachie Cale (RAIL) 5 Bailey Taylor (ALB) 5 Logan Stubber (RAIL) 5 Shane Braimbridge (RAIL) 3 Declan Willey (RAIL) 2 Bryce Blaszkow (ALB) 2 Ryley Valli (RAIL) 1 Bodhi Stubber (RAIL) Denmark-Walpole v Royals 10 Michael McGlade (ROY) 7 Declan McNamara (ROY) 4 Seb Stanton (ROY) 3 Nelson Tulip (DW) 3 Ryan Hick (DW) 2 Joel Flick (ROY) 1 James Charlesworth (DW) North Albany v Mt Barker 9 Daniel Patching (MB) 9 Darcy Clarke (MB) 5 Matt Orzel (NA) 3 Brandon Ugle (MB) 3 Darcy Wallinger (MB) 1 Regan Christensen (NA) Leaderboard 26: Darcy Wallinger (MB) 23: Daniel Patching (MB) 22: Ryley Valli (RAIL) Darcy Clarke (MB) 21: Declan McNamara (ROY) 20: Bryce Blaszkow (ALB) 19: Jayden Scott (RAIL) Lachie Cale (RAIL) 18: Isaac Baum (ALB) 17: Matt Orzel (NA) 15: Taj Williams (ALB) 13: Seb Ballard (MB) Hayden Parker (RAIL) 12: Tyler Stone (DW) Kobi Keen (NA) 11: Kane Pinney (ALB) 10: Sam Holmes (ALB) Michael McGlade (ROY)
North Wales Live
16-05-2025
- General
- North Wales Live
Climbers stuck on cliffs near South Stack sparks multi-agency rescue
Two climbers got stuck on cliffs near South Stack on Anglesey, sparking a multi-agency rescue. Cliff rescue teams and lifeboat crews were scrambled to the incident near Elin's Tower, after a man and woman became stuck. A RNLI Holyhead Lifeboat Station statement issued yesterday (Thursday) said: "Our lifeboat crew were called out on Wednesday, 14 May after two climbers got into difficulty on cliffs near South Stack. "Pagers sounded just after 3pm, requesting the launch of the all-weather lifeboat Frederick Storey Cockburn, and RNLI volunteers rushed quickly to the port where she is berthed, launching within minutes. The climbers, one male and one female, had become cragfast – unable to move up or down the cliffs - near Elin's Tower. "Local cliff rescue teams were already at the scene, and lifeboats were needed to support them in their endeavours to bring both casualties to safety. The D-class lifeboat at our flank station Trearddur Bay Lifeboat Station, Clive and Imelda Rawlins 2, was also paged, and in order to further support the rescue, our ILB, Mary and Archie Hooper, was also launched. "It had been decided that one casualty, who was nearer the top of the cliff would be winched up to the top by the cliff rescue volunteers, while the second casualty, who was in a lower position on the cliff face, was to be lowered to a ledge near sea level and then transferred back to shore by lifeboat. The lifeboat crews were able to assist in identifying where to place the ropes, further enabling a faster rescue. "Once the casualty was lowered down, she was first placed onto Trearddur Bay's D-class, before being safely transferred to our ALB. Meanwhile, the first casualty had been winched safely to the top of the cliffs." Lifeboats then headed to Trearddur Bay, where both casualties were reunited, safe and well. Coxswain Mark Wade said: "This was a great multi-agency rescue, alongside our flank station and the cliff rescue teams from Holyhead and Moelfre, with a good outcome for the casualties. Both climbers were well equipped and experienced, showing these incidents can happen to anyone." He added: "Thankfully they knew to call for help, and dialled 999 and asked for assistance."
