Westar Energy Inc
Ashland Global Holdings (ASH) stock gained ~1.4% and closed at $69.54 on April 13, 2018.
On March 21, 2018, Ashland (ASH) announced that it will increase the prices of 1-4 butanediol and derivatives in the EMEA region.
On March 15, Ashland announced that it will increase the prices of epoxy vinyl ester and specialty resins. The price increase will be effective on April 1, 2018.
On February 5, 2018, Ashland (ASH) increased its price for maleic anhydride by $0.04 per pound, which is expected to impact the North American region.
Last week, Ashland (ASH) announced that it launched the Maxguard EZM marine white gelcoat.
On December 8, 2017, Ashland (ASH) announced price hikes on a few of its products in the EMEA (Europe, the Middle-East, and Africa) region.
There was another merger in the utility space on May 31. Great Plains Energy agreed to buy Westar Energy. The total transaction is valued at $12.2 billion.
The price-to-book value ratios of Westar, Xcel, Ameren, Great Plains, and Alliant are 1.5x, 1.8x, 1.6x, 1.2x, and 1.9x, respectively.
Edison International (EIX) was the biggest loser among electrical utilities during the week ending April 17. The stock dropped 4.3% to end the week at $61.07.