WLK News

(NYSE:WLK) BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has arranged a $220 million bridge loan to refinance 626 Newark Avenue, an innovative 576-unit, Class A mixed-use multifamily property located within Jersey City’s Journal Square neighborhood. Walker & Dunlop New York Capital Markets, led by Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean Reimer, Jordan Casella, Christopher de Raet, and Edward Leboyer, acted as an exclusive ad

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that it has entered into an agreement to acquire the global compounding solutions businesses of the ACI/Perplastic Group (collectively, “ACI”). ACI is a Portugal-based global manufacturer of specialty materials serving the wire and cable sectors, which helps expand Westlake’s offerings. “The combination of ACI with Westlake’s existing compounding business will present an excellent strategic fit and opportunity to integra

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) today announced an advance in the company’s sustainability objectives to further reduce its carbon emissions intensity by 20% by 2030, from a 2016 baseline, which is one of the company’s sustainability goals. Westlake recently entered into an agreement with a solar renewable-energy three-farm project that generates approximately 160,000 megawatt-hours per year of renewable energy and purchased the associated renewable energy certificate

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of $0.53 per share for the second quarter of 2025. This dividend will be payable on September 4, 2025 to stockholders of record on August 19, 2025. Westlake announced its first dividend on November 11, 2004 and has successively been paying and increasing its dividend for the past 20 years. The statements in this release that are not historical facts, including stat

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced second quarter 2025 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per share data and percentages)       Three Months Ended June 30, 2025   Three Months Ended March 31, 2025   Three Months Ended June 30, 2024               Westlake Corporation             Net sales   $ 2,953     $ 2,846     $ 3,207   Income (loss) from operations   $ (109 )   $ (32 )   $ 406   Net inco

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE: WLK), announced today the launch of Haint Blue, a new color for its 6” Reversible Beadboard/V-Groove Profile, part of the Royal® Trim & Mouldings line. Inspired by the century-old Southern tradition of painting porch ceilings blue, Haint Blue blends timeless charm with long-lasting performance. “Color has the power to tell a story, and Haint Blue is one that combines heritage with thoug

BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has arranged $105 million in loan proceeds to refinance 805 Lea, a 356-unit, Class-A high-rise mixed-use property located in Nashville, Tennessee. Walker & Dunlop’s Real Estate Finance Senior Managing Director Stephen Farnsworth and his team arranged the loan on behalf of Key Real Estate Company. The financing, provided by Nuveen (a TIAA company), includes a three-year term with two optional 12-month extension

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that Westlake Epoxy will collaborate with Alpha Recyclage Composites to support them in scaling up the recycling capacity for carbon fiber composite materials. This collaboration will provide support to Westlake’s composite customers in their development of improved circular options for both production (scrap or off spec composite materials that otherwise become waste) and end-of-life waste. The recovery of the carbon fi

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that Westlake Epoxy will collaborate with Alpha Recyclage Composites to support them in scaling up the recycling capacity for carbon fiber composite materials. This collaboration will provide support to Westlake’s composite customers in their development of improved circular options for both production (scrap or off spec composite materials that otherwise become waste) and end-of-life waste. The recovery of the carbon fi