Anything Brewing in Empire Resources?
What happened in Empire Resources Inc. (ERS-AMEX) shares today? We often screen for small cap metals-related companies and this one was a head scratcher today to more than just us. There wasn’t any real…
What happened in Empire Resources Inc. (ERS-AMEX) shares today? We often screen for small cap metals-related companies and this one was a head scratcher today to more than just us. There wasn’t any real…
By William Trent, CFA of Stock Market Beat Olin Corporation (OLN) reported earnings tonight, and the report was a doozy. Joseph D. Rupp, Chairman, President, and Chief Executive Officer said, “I am pleased to…
Alcoa (AA) just fired a warning shot to any would-be acquirers. "We aren’t for sale." There has been speculation around for some time that they could fall prey to an acquirer as other metals…
International Aluminum (IAL) is being acquired by Genstar Capital LLC at $51.00 per share in a $228 million acquisition. It was unknown if Alcoa (AA) beating earnings would lead the sector higher, but even…
Alcoa (AA) is trading up some 4% in after-hours trading. The company posted $0.74 EPS and revenues were $7.84 Billion; estimates were $0.65 and $7.6+ Billion. These EPS numbers were ex-items and there were…
Tomorrow earnings season will be kicked off by the first DJIA reporting-component Alcoa (AA). Investors often try to read too much into the metals sector AND into the markets based on Alcoa’s earnings, and…
The idea behind the Freeport McMoran purchase of cooper company Phelps Dodge is that high cooper prices would cover the premium price of the deal. Cooper prices have now dropped to $2.59 a pound,…
Alcoa (AA) has its share of doubters. Moody’s just moved its credit outlook on the company from stable to negative. RBC downgraded the stock to "underperfom" from "sector perform" because the stock is up…