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Stock Watch: OCI Partners LP (NYSE:OCIP) completes all pre-turnaround, pre-shutdown works on Beaumont; Donaldson Company, Inc. (NYSE:DCI), Concord Medical Services Holdings Limited (NYSE:CCM)

By Kim Rodriguez February 2, 2015
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OCI Partners LP (NYSE:OCIP) completes all pre-turnaround, pre-shutdown works on Beaumont. OCI Partners announced that it has completed all pre-turnaround and pre-shutdown works on its Beaumont facility. The Partnership also announced that it has shut down its facility to commence its planned turnaround and complete its debottlenecking project that will increase its methanol and ammonia production capacities by 25% and 15% respectively. Methanol and ammonia production capacities are expected to be 912,500 metric tons and 304,775 metric tons per annum after completion of the project. In NYSE, OCIP traded with a change of $0.16 and closed for the day at $16.79 with a volume of 22,880 shares. OCIP‘s revenue in last one year has been $416.61M and return on assets 18.79%.

 

Donaldson Company, Inc. (NYSE:DCI) names Tod Carpenter as President, CEO. Donaldson Company announced that Tod Carpenter, currently the company’s COO has been named President and CEO, effective April 1. As part of the CEO succession process developed by the Donaldson Board of Directors, current Chairman, President and CEO Bill Cook will remain Chairman of the Board. Cook has been Chairman, President and CEO of the company since 2005. Carpenter was named COO last February. DCI traded in the red and closed at $36.56 for the day. The stock saw a change of $0.44(1.19%) with a volume of 813,433 shares.  DCI has a market cap of $5.02B.

 

Concord Medical Services Holdings Limited (NYSE:CCM) adopts resolution creating super voting class of shares. Concord Medical Services Holdings Limited announced that a special resolution was adopted by the company's shareholders at its annual general meeting for the fiscal year ended December 31, 2014 held in Beijing on January 27, 2015 to create a super voting class of shares. By this special resolution, the company's shareholders adopted a Fourth Amended and Restated Memorandum and Articles of Association, the "Amended M&A", which incorporates amendments to the company's authorized share capital. CCM is part of the Healthcare sector in Hospitals industry. The stock closed for the day at $6.64 with a change of $0.33 or 4.73%. CCM traded in a range of $6.55 to $6.95 through the day. The stock’s 52 week range is $5.45 to $10.08.

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By Kim Rodriguez February 2, 2015
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