Mon, Aug. 10, 12:45 PM
Dec. 30, 2013, 12:23 PM
- A company's shares typically drop when its chairman dies, but Valhi (VHI +2.4%), Kronos Worldwide (KRO +9.3%) and NL Industries (NL +9.5%) all are moving higher after the death of Harold Simmons during the weekend.
- The Texas billionaire was a controversial figure and often battled with federal regulators while running a holding company for companies that dealt in hazardous waste and toxic chemicals.
NL Industries Inc is a holding company and operates in the component products industry through its majority owned subsidiary, CompX International Inc. It also operates in the chemicals industry through Kronos Worldwide, Inc. CompX and Kronos.
Other News & PR