OM Group, Inc. engages in the development, production, and marketing of specialty chemicals and advanced materials to complex chemical and industrial processes worldwide. The company produces cobalt-based specialty chemicals, as well as specialty chemicals and advanced materials from barium, calcium, iron, manganese, potassium, rare earths, zinc, zirconium, germanium, and copper. Its advanced materials include powders and specialty chemicals for various industries, such as rechargeable battery, construction equipment and cutting tools, catalyst, and ceramics and pigments. The company?s specialty chemicals consist of electronic chemicals for the electronic packaging, memory disk, general metal finishing, and printed circuit board finishing markets; advanced organics for the tire, coating and inks, additives, and chemical markets; ultra-pure chemicals used in the manufacture of electronic and computer components, such as semiconductors, silicon chips, wafers, and liquid crystal displays; and photo-imaging masks and reticles for the semiconductor, optoelectronics, and microelectronics industries. OM Group?s products are sold in various forms, such as solutions, crystals, cathodes, powders, and quartz or glass plates. The company was founded in 1991 and is headquartered in Cleveland, Ohio.

-Its net loss attributable to OM Group, Inc. common shareholders in the second quarter of 2009 was $35.3 million, or $1.17 per diluted share, compared with net income attributable to OM Group, Inc. common shareholders of $56.2 million, or $1.85 per diluted share in the second quarter of last year.

-OM Group plans to release its 2009 third quarter results before themarket opens on November 5, 2009 and to discuss these results on a conference call at 10:00 a.m.(ET) on November 5, 2009.

-OMG added 2.47%, to $29.50 today. It has a market cap of 906.24 million and has traded within a 52-week range of $12.20 and $35.97. OMG is currently above its 20-day moving average of $29.46 and above its 100-day moving average of $29.36. It has near-term technical support in the $27.98 price area. If the shares can continue the recent rebound, we see overhead resistance around the $32.42 price levels. Technical indicator for the stock is strong buy.

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