Commodities & Metals

All Commodities & Metals Articles

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UN Food Price Index Jumps on US Drought (CORN, SOYB)

The United Nations’ Food and Agriculture Organization’s (FAO) Food Price Index for July rose by 6% following three months of decline. Sharp rises in grain and sugar prices led to the jump. The US…

Paul Ausick · 14 years ago

Silver Merger Formally Falls Apart (HL)

Hecla Mining Company (NYSE: HL) has had troubles of its own for a while.  After the U.S. Silver Corporation (traded in Canada, operating in Idaho) said that a sufficient number of its common shareholders…

Jon C. Ogg · 14 years ago

US Drought Eases Somewhat on Midwest Rains

As much as 85% of the US Midwest got rained on this weekend in amounts varying between 0.2-0.8 inches, offering some relief for corn and soybean crops in the country’s main growing region. More…

Paul Ausick · 14 years ago

GM Invests in Lightweight Steel Maker

The venture capital arm of General Motors Co. (NYSE: GM) has invested an undisclosed amount in a Series C round of financing for lightweight steel maker NanoSteel Co. GM joins seven other venture capital…

Paul Ausick · 14 years ago

Higher Costs Trip Up Tyson Foods

Tyson Foods Inc. (NYSE: TSN) reported third-quarter adjusted earnings per share (EPS) of $0.50 and $8.3 billion in revenue before markets opened today. EPS for the same period a year ago totaled $0.46, and…

Paul Ausick · 14 years ago

Kinross Gold Dumps CEO

Kinross Gold Corp. (NYSE: KGC) fired its CEO after the markets closed last night. The company replaced Tye Burt, its chief executive for the past seven years, with J. Paul Rollinson, who had been…

Paul Ausick · 14 years ago

Fertilizer Maker Agrium Busts Estimates

Agrium Inc. (NYSE: AGU) reported second-quarter adjusted earnings per share (EPS) of $5.47 and $6.83 billion in revenue before markets opened today. EPS for the same period a year ago came to $4.60, and…

Paul Ausick · 14 years ago

Low Prices, Rising Costs Hit Molycorp Hard

Molycorp Inc. (NYSE: MCP) reported a second quarter adjusted EPS loss of $0.03 and $107.6 million in revenue after markets closed today. Adjusted EPS for the same period a year ago totaled $0.52, and…

Paul Ausick · 14 years ago