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TPC Group, previously known as Texas Petrochemicals, is a petrochemicals manufacturing company based in Houston, Texas, and is a large producer of butadiene, MTBE, and polyisobutylene. TPC has operations in Houston and Port Neches, Texas , and Lake Charles, Louisiana .
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Rating Action: Moody's downgrades TPC's ratings to Caa3 following limited defaultGlobal Credit Research - 21 Mar 2022New York, March 21, 2022 -- Moody's Investors Service ("Moody's") downgraded ...
HOUSTON (Reuters) -Texas petrochemical producer TPC Group filed for bankruptcy protection on Wednesday with a plan to hand over control to its lenders, after struggling under costs and legal ...
In finance, technical analysis is an analysis methodology for analysing and forecasting the direction of prices through the study of past market data, primarily price and volume. [1] As a type of active management , it stands in contradiction to much of modern portfolio theory .
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A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range.
Margins matter. The more TPC Group (NAS: TPCG) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.