Lubrizol Corporation (NYSE:LZ) is a specialty chemical company and, although it has over 6,700 employees and facilities in 27 countries, it might have become too dependent of late on a weaker US dollar. The dollar’s turnaround could have a significant impact on company earnings. To explain in more detail we turn to Agora Financial editor Dan Amoss.
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Lubrizol Corporation (NYSE:LZ) — Fallout From the Lost Cognis Bid
Lubrizol Corporation (NYSE:LZ), a specialty chemical company for the industrial, transportation, and consumer markets, recently failed in its bid to buy Cognis, a chemical manufacturer headquartered in Germany. Agora Financial editor Dan Amoss explains what the lost attempt tells us about Lubrizol’s current prospects.
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