Commodities & Metals

All Commodities & Metals Articles

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Mosaic’s BMO Ag Conference Presentation Summary (MOS)

Fertilizer maker, The Mosaic Company (NYSE: MOS), outlined its strategy for the coming months at the BMO Capital Markets 2009 Agricultural, Protein & Fertilizer Conference today.  We decided to prepare a quick-hit look at…

Douglas A. McIntyre · 17 years ago

At Cliffs, Everybody Sacrifices in Prosperity (CLF, ANR, FCL)

In the wake of a poor first quarter report, iron ore producer Cliffs Natural Resources Inc. (NYSE:CLF), formerly known as Cleveland-Cliffs, has tightened its belt and the belts of all its shareholders. The company’s…

Douglas A. McIntyre · 17 years ago

Coal Fields Merger Creates Big Player (ANR, FCL, CLF, KOL)

Today’s announcement of a merger between Alpha Natural Resources, Inc. (NYSE: ANR) and Foundation Coal Holdings, Inc. (NYSE: FCL) creates the third-largest coal producer in the US. The all-stock deal is worth about $2…

Douglas A. McIntyre · 17 years ago

Uranium Miner Stumbles (URRE, CCJ)

Low prices for uranium have hit producers hard, and Uranium Resources, Inc. (NASDAQ:URRE) has posted the numbers to prove it. First quarter 2009 revenue fell 75%, from $5.7 million in the same period a…

Douglas A. McIntyre · 17 years ago

ADM Misses on Big Charges (ADM)

Agricultural giant Archer Daniels Midland Company (NYSE:ADM) reporated earnings of a paltry $8 million (EPS of $0.01) on sales of $14.8 billion for its 2009 third quarter which ended on March 31st. Analysts had…

Douglas A. McIntyre · 17 years ago

ArcelorMittal Needs Capital On Top of Losses (MT)

The world’s largest steel maker, ArcelorMittal (NYSE: MT), is reporting quarterly results lower than even last quarter’s dismal showing. Analysts weren’t expecting much, and they got even less.  To add insult to injury to…

Douglas A. McIntyre · 17 years ago

Will Gold Get the Flu? (GLD, GDX, IAU)

Gold is not being used by industry right now and demand for jewelry remains highly unexciting, but many traders are still using the shiny metal stuff for the ultimate flight to safety for protecting…

Douglas A. McIntyre · 17 years ago

Mining Earnings Plummet (FCX, ABX, GG)

Now this is what really bad news looks like. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) reported first quarter 2009 EPS of $0.11 on net income of $43 million, compared with EPS of $2.64 and…

Douglas A. McIntyre · 17 years ago

Fertilizer Maker Makes Final Plea for Merger (AGU, CF, TRA)

Tomorrow’s the day that fertilizer maker Agrium Inc. (NYSE:AGU) will find out if its offer for competitor CF Industries Holdings, Inc. (NYSE:CF) is too good for shareholders to refuse. Agrium has mailed yet another…

Douglas A. McIntyre · 17 years ago

Fertilizer Merger Wars Heating Up (TRA, CF, AGU, MOO)

The president and CEO of Terra Industries Inc. (NYSE:TRA) has apparently purchased 100 shares of stock in CF Industries Holdings, Inc. (NYSE:CF) and requested CF to provide him with a list of all CF…

Douglas A. McIntyre · 17 years ago

Rio Tinto Talking Down 2009 (RTP)

The slumping global economy has cut demand for steel, and lower demand for steel has cut demand for iron ore. The CEO of Rio Tinto plc (NYSE:RTP) put some numbers on that today. Rio’s…

Douglas A. McIntyre · 17 years ago