Why Alcoa Could Be Making One Massive Mistake in a Breakup
As much as Alcoa and CEO Klaus Kleinfeld want everyone to accept that what Alcoa calls the upstream business is sound and on a growth path, the reality is a little more complicated.
Commodities & Metals
All Commodities & Metals Articles
Newest first · Page 32Why Alcoa Will Divide Itself Into Two Companies
Alcoa announced Monday morning that the company will split into two independent, publicly traded companies.
Cal-Maine Foods Boosts Revenues, Profits on Record High Egg Prices
Cal-Maine Foods reported mixed first-quarter fiscal 2016 results before markets opened Monday morning.
How the Volkswagen Scandal Is Crushing Platinum
The scandal swirling around Volkswagen will inevitably have an impact on other diesel vehicle makers. That is not good news for platinum.
Does a Smaller Loss Finally Make AK Steel a Buy?
AK Steel expects the positive financial effects of higher shipments, lower raw material costs, cost reduction efforts and higher operating rates will partially offset lingering low carbon steel spot market prices.
Where Commodity Metal Prices Are Headed
On the EconoMonitor blog, two researchers from the IMF have posted a brief account of the commodity price downturn in both base metals and oil.
Glencore Places $2.5 Billion in Share Offering
Glencore has placed a total of more than a billion new ordinary shares in the London-traded company with existing and new institutional shareholders, as well as certain company officials and employees.
Alcoa Takes a Hit With Alumina Curtailment
Alcoa was down in the market on Monday on news of an alumina curtailment as discussions continue with the government of Suriname.
Merrill Lynch Makes Key Ratings Change in Metals Leaders
What are investors to make of a Bank of America Merrill Lynch research call where the firm is recommending one steel and one aluminum company and ditching a key steel stock it has been…
Mining and Trading Giant Glencore Abandons Dividend to Cut Debt
Glencore said Monday that it will suspend its dividend, issue $2.5 billion in new stock and sell assets, including a stake in its agricultural business.
Eggs, Meat Prices Fall in July
The U.S. Department of Agriculture (USDA) released its preliminary report on July farm prices Monday afternoon.
Why Carl Icahn Might Not Succeed in Freeport-McMoRan
Icahn is not necessarily looking for a dividend payout, but it can be surmised that he almost certainly wants Freeport-McMoRan to get rid of the oil and gas albatross it acquired.
What Carl Icahn Wants From Freeport-McMoRan
Activist investor Carl Icahn has revealed that he had acquired a more than 8% stake in copper and gold miner Freeport-McMoran.
Freeport-McMoRan Bows to the Inevitable
Freeport-McMoRan announced Thursday morning that it has revised its capital and operating plans in response to the recent decline in copper prices.
Farmers About to Get Poorer
In its recent forecast of farm sector income and finances, the USDA’s Economic Research Services projects farm sector profitability will decline for the second straight year in 2015.