-- Albemarle (ALB) shares were down 6.4% in Friday afternoon trading after Baird downgraded the company's stock to neutral from outperform, with a price target of $210.
Trading volume stood at nearly 2.7 million shares, compared with a daily average of over 2.5 million.
Price: $201.85, Change: $-13.78, Percent Change: -6.39%
Abundate (SGX:570) booked a loss of SG$320,000 in the fiscal second half ended Feb. 28, from a profit of SG$134,000 a year earlier, according to a Wednesday filing with the Singapore Exchange.Loss per share stood at SG$0.0031 compared with earnings per share of SG$0.0013 in the year-ago period.Revenue rose 6% year over year to SG$4.1 million from SG$3.9 million, backed by strong demand for local construction activities.