Oklahoman Published: November 25, 2012
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LSB Industries, with just a 1.7 percent decline, was among the very few state stocks that failed to record a gain. That's actually a pretty good representation of the strength of LSB among traders, as the small loss came on some bad news.

LSB reported it would lose $2 million a week for the six to eight weeks its Pryor ammonia plant will be shut down to handle unexpected maintenance work.

Combined with other plant problems, the Oklahoma City chemical and climate control company isn't making much ammonia.

The unexpected news prompted a halt in trading and a one-day 6-percent loss in LXU shares, yet the stock rebounded nicely at week's end.

Eagle & Beagle is a weekly look at the state's high-performing (eagle) and low-performing (beagle) stocks by Business Writer Don Mecoy.


by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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