South Africa-based Gold Fields Ltd. (NYSE:GFI) and US-based Newmont Mining (NYSE:NEM) both reported quarterly earnings before the market opened this morning. Newmont beat EPS estimates by a penny and missed revenue estimates by about…
Arch Coal (NYSE:ACI) reported solid earnings for the third quarter today, but its share price has fallen more than 4% since the market opened this morning. Arch reported EPS of $0.68, compared with $0.19…
Potash Corp. of Saskatchewan (NYSE: POT) is seeing a recovery this morning. The potash and fertilizer giant posted earnings at $3.93 EPS vs. $3.57 estimates on a 136% revenue gain. The company is also…
Two small-cap steel companies reported earnings before the market opened today. Insteel Industries (NASDAQ:IIIN) beat analysts’ estimates of $0.60 EPS on $101 million in revenue, posting EPS of $0.89 on revenues of $106 million.…
Alpha Natural Resources (NYSE:ANR) has sold its majority interest in lime manufacturing plant in Kentucky and 17.6 million tons of coal that still needs to be mined. The after-tax gain from the sale of…
Phosphate Holdings, Inc. (OTC-PHOS) looked like it was going to be an initial public offering, but this OTC company has filed to sell up to $200 million in common stock in a secondary offering. …
Standard & Poor’s Ratings Services has already put GM’s credit ratings on watch today, and the ratings agency is also putting the credit rating of Alcoa, Inc. on "Negative Outlook" from a "Stable" rating. …
ArcelorMittal (NYSE: MT) is trading higher in overseas trading this morning based upon its investor presentation today. The steel giant is reaffirming that its third quarter EBITDA will be in excess of $8.5 billion…
It is a bit surprising when you see a firm like Goldman Sachs downgrade many key steel stocks after their shares have fallen by so much. That is what we are seeing this morning. …
If you care about earnings in the commodity and metals sector, Alcoa Inc. (NYSE: AA) has just missed its earnings and given cautious guidance. It posted earnings of $0.33 per share on $7.2 billion…
Canadian miner Teck Cominco (NYSE:TCK) is changing its name to Teck Resources, and the company intends to build its brand just on the name Teck. The new name takes effect legally in April 2009.…
Monsanto Company (NYSE: MON) today raised its 2008 guidance again. This is in response to the clear drop in the agriculture and fertilizer sector weakness. Roundup, other glyphosate-related herbicides, and its seeds-and-traits performance are…
Mosaic Co. (NYSE: MOS) is being slaughtered this morning. Any hopes that agriculture was going to be cool again are gone. The phosphate and potash producer’s earnings missed the bar by what might as…
South African gold miner Gold Fields Limited (NYSE:GFI) posted its fiscal year 2008 earnings today. The company has been hit hard by higher costs, lower production, and a cave-in that killed eight miners. The…
CONSOL Energy (NYSE:CNX) announced a dramatic change in its guidance for the third quarter. Production is expected reach just 15 million tons, well below even the low estimate of 16.4 million tons in previous…