Metals Newswire (Page 6)

Metals Newswire (Page 6)

Comprehensive Real-Time News Feed for Metals. (Page 6)

Results 101 - 120 of 27,608 in Metals

  1. Us Stocks-Wall Street opens higher as consumer spending data jumpsRead the original story

    Thursday Jun 25 | Reuters

    Wall Street opened higher on Thursday as data showed that the U.S. economy was on the path to recovery after consumer spending recorded its largest increase in nearly six years. Investors have been keeping a sharp eye on economic data for signs of a recovery in the U.S. economy, which came to a crawl in the first quarter, as the Federal Reserve prepares to raise interest rates for the first time in almost a decade.

    Comment?

  2. Molycorp files for Chapter 11 bankruptcy protectionRead the original story w/Photo

    Thursday Jun 25 | The New Zealand Herald

    President and CEO Geoff Bedford said Thursday that the filings are an important step in helping to restructure its $1.7 billion debt with major creditors. The Greenwood Village, Colorado-based company has faced problems including falling prices for the metals it produces, difficulties in expanding a mine in California and cash shortfalls.

    Comment?

  3. Greenwood Village-based Molycorp files for bankruptcyRead the original story w/Photo

    Thursday Jun 25 | Denver Post

    Molycorp Inc., the Greenwood Village-based miner of rare earth minerals used in electric vehicles and medical-imaging equipment, said Thursday it had filed for bankruptcy protection. A bankruptcy agreement between Molycorp and its major creditors would provide for restructuring the company's $1.7 billion debt and provide $225 million for continued operations, according to a company statement.

    Comment?

  4. U.K. Stocks Retreat, Snapping Five-Day Rally, as Admiral DropsRead the original story

    Thursday Jun 25 | The Washington Post

    U.K. stocks fell, erasing an earlier advance, following a five-day streak of gains for the FTSE 100 Index. The benchmark lost 0.5 percent to 6,811.67 at 2:52 p.m. in London.

    Comment?

  5. Molycorp Stock Sinks On Bankruptcy Protection FilingRead the original story w/Photo

    Thursday Jun 25 | Investor's Business Daily

    The mining company and its subsidiaries filed for Chapter 11 protection to restrict its $1.7 billion in debt and said it got an agreement for up to $225 million in new debtor-in-position financing. Molycorp's international operations, except in Luxembourg and Barbados, aren't including in the filings nor is its Molycorp Rare Metals LLC. Earlier this month, Molycorp said it would miss its $32.5 million semiannual interest payment on its 10% senior secured notes maturing in 2020, leading to expectations the company could file for bankruptcy before the end of the month.

    Comment?

  6. Commercial Metals (CMC) Stock Gains on Earnings BeatRead the original story w/Photo

    Thursday Jun 25 | TheStreet.com

    ... company to report earnings of 41 cents per share on revenue of $1.58 billion. TheStreet Ratings team rates COMMERCIAL METALS as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate COMMERCIAL ...

    Comment?

  7. Molycorp files for bankruptcy, strikes restructuring deal with creditorsRead the original story

    Thursday Jun 25 | SNL Financial

    ... the exception of non-operating companies in Luxembourg and Barbados, as well as, its Oklahoma-based Molycorp Rare Metals LLC and its operations in Quapaw are excluded from the filings as it is not fully owned by the company. Under the Chapter 11 ...

    Comment?

  8. Molycorp files for bankruptcy protectionRead the original story w/Photo

    Thursday Jun 25 | Business Journal

    The company said it's made a deal with creditors to provide restructuring of its $1.7 billion in debt and provide up to $225 million in gross proceeds in new financing. "Our operations in Europe and Asia are not a part of today's filings, and these businesses are cash-flow positive and play a vital role in many key industries worldwide.

    Comment?

  9. Rare earths miner Molycorp files for bankruptcy protectionRead the original story w/Photo

    Thursday Jun 25 | The Globe and Mail

    ... with the exception of non-operating companies in Luxembourg and Barbados, are excluded from the filing. Molycorp Rare Metals (Oklahoma) LLC is also excluded. The company, which reported a loss for the thirteenth straight quarter in May, had warned ...

    Comment?

  10. Scientists have finally discovered what this creepy sea creature looks likeRead the original story w/Photo

    Thursday Jun 25 | Metro UK News

    But scientists had no ideas what they looked like as all intact fossils appeared to be headless. The Hallucigenia's flat round face surprised scientists too.

    Comment?

  11. The Wall Street Journal: Molycorp files for bankruptcy protectionRead the original story w/Photo

    Thursday Jun 25 | MarketWatch

    Molycorp Inc. filed for bankruptcy protection Thursday, as the long-struggling rare-earths miner turned a page on one of the most dramatic commodities busts in recent years. The only U.S. miner and producer of rare-earth elements-15 elements used as niche ingredients in magnets, batteries, catalytic converters and other high-tech products-said it had secured an agreement with creditors to restructure its $1.7 billion in debt.

    Comment?

  12. 7 Stocks To Watch For June 25, 2015Read the original story w/Photo

    Thursday Jun 25 | Benzinga

    ... on Wednesday. Bed Bath & Beyond shares dropped 2.57 percent to $68.53 in the after-hours trading session. Commercial Metals Company (NYSE: CMC ) is estimated to report its Q3 earnings at $0.39 per share on revenue of $1.58 billion. Commercial Metals ...

    Comment?

  13. UPDATE 1-Rare earths miner Molycorp files for Chapter 11 bankruptcyRead the original story

    Thursday Jun 25 | Reuters

    ... with the exception of non-operating companies in Luxembourg and Barbados, are excluded from the filing. Molycorp Rare Metals (Oklahoma) LLC is also excluded. The company, which reported a loss for the thirteenth straight quarter in May, had warned ...

    Comment?

  14. BHP Billiton to cut about 140 jobsRead the original story w/Photo

    Thursday Jun 25 | MarketWatch

    BHP Billiton Ltd. will pare back its workforce linked to the Olympic Dam copper, uranium and gold mine in South Australia state as it confronts a downturn in global commodity markets. The world's biggest mining company by market value will cut roughly 140 jobs, largely from its office in South Australia's capital Adelaide, a person familiar with the matter said.

    Comment?

  15. Norvil DeemRead the original story

    Wednesday Jun 24 | NewsandSentinel.com

    He was born Sept. 29, 1923 in Huntington, W.Va., the son of the late Okey T. and Viola I. Durfee Deem.

    Comment?

  16. Ar ExclusiveVENERABLE "Shearson" Name Now Belongs to a Fla. Brokerage HouseRead the original story

    Dec 10, 2010 | American Reporter

    Mr. President, you are one of the greatest people of the past 40 years, and I heartily support you - except on this deal with the Republicans over tax cuts for the wealthy. I don't think we need an extension of unemployment benefits as badly as you do, and I don't think trading that extension for billions in tax cuts is worth it, either.

    Comment?

  17. Handy and Harman fine silver quotation $20.438 oz., $657.08 kg.Read the original story w/Photo

    Wednesday Jun 24 | Brandon Sun

    We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn't know, mark it high.

    Comment?

  18. Cramer: Wait on Buying Alcoa Until Its RTI Deal ClosesRead the original story w/Photo

    Wednesday Jun 24 | TheStreet.com

    Speaking from the floor of the New York Stock Exchange , he told a viewer contacting him Wednesday via Twitter that investors will want Alcoa after its merger with RTI International Metals goes through so Alcoa expands beyond just aluminum. You're not going to get a pop in this stock otherwise.

    Comment?

  19. AZZ Acquires U.S. GalvanizingRead the original story

    Wednesday Jun 24 | Metal Center News

    AZZ incorporated, Fort Worth, Texas, has acquired the assets of U.S. Galvanizing, LLC, a provider of steel corrosion coating services. U.S. Galvanizing is a wholly owned subsidiary of Trinity Industries, Dallas.

    Comment?

  20. Cramer: You Won't Get a Pop in Alcoa Until After RTI Deal ClosesRead the original story w/Photo

    Wednesday Jun 24 | TheStreet.com

    ... in on Alcoa (AA), stressing that what the Alcoa investors want is the Alcoa after the merger with RTI International Metals (RTI), so that the company is expanded beyond just aluminum. Cramer says you're not going to get a pop in this stock until ...

    Comment?