GO
Loading...

Materials and Metals

More

  • Early Glance: Coal companies Monday, 20 Oct 2014 | 10:40 AM ET

    Arch Coal rose$. 10 or 5.1 percent, to $2.07. Consol Energy Inc. rose$. 66 or 1.9 percent, to $35.44. Peabody Energy rose$. 12 or 1.1 percent, to $11.15.

  • Early Glance: Chemicals companies Monday, 20 Oct 2014 | 10:40 AM ET

    NEW YORK— Shares of some top chemicals companies are up at 10 a.m.:. Dow Chemical Co. rose$. 34 or. 7 percent, to $46.39. DuPont Co. rose$. 35 or. 5 percent, to $67.33.

  • Early Glance: Silver companies Monday, 20 Oct 2014 | 10:40 AM ET

    Hecla Mining Co. rose$. 02 or. 8 percent, to $2.41. Pan American Silver Corp. rose$. 08 or. 8 percent, to $10.63. Silver Standard Resources Inc. rose$. 11 or 2.0 percent, to $5.67.

  • Platform Specialty to buy Arysta for $3.51 billion Monday, 20 Oct 2014 | 8:42 AM ET

    NEW YORK— Platform Specialty Products Corp. said Monday that it will spend about $3.51 billion to buy rival chemical maker Arysta LifeScience Ltd. to diversify its product offerings. Miami- based Platform makes specialty chemicals used in computers, cars and oil rigs. Shares of Platform rose 76 cents, or 3.1 percent, to $25.05 in morning trading Monday.

  • *Gold expected to average $1,270 this year, $1,225 in 2015. *Platinum seen rising to $1,477.50 next year. LONDON, Oct 20- Gold prices will lag industrial precious metals platinum and palladium in 2015, analysts polled by Reuters predict, as a gradually stabilising world economy favours raw materials over so called "defensive" assets.

  • Oct 20- Specialty chemicals company Platform Specialty Products Corp said it will buy rival Arysta LifeScience Ltd from a company backed by private equity firm Permira for about $3.51 billion. The company said it expects the deal to immediately add to adjusted earnings per share. The deal is expected to be "highly complementary" to Platform's crop protection...

  • METALS-Copper slips as Chinese growth, supply weighs Monday, 20 Oct 2014 | 6:46 AM ET

    *Copper unable to build on Friday's higher finish. SYDNEY/ LONDON, Oct 20- Copper stayed relatively weak on Monday, struggling to make headway after sliding to six month lows in the previous session, with uncertainty over China's economic growth and a firmer dollar against its main currency rivals. Analysts said that while uncertainty over growth in...

  • Saudi crude exports have been sliding in the past few months as shale oil squeezes Saudi oil out of U.S. markets and as demand in Asia, particularly in China, has been slower than expected. North America's shale boom has started to squeeze Saudi oil out of the U.S. market, the International Energy Agency said in a report last month, estimating Saudi exports would run...

  • *Copper unable to build on Friday's higher finish. SYDNEY, Oct 20- London copper futures fell on Monday after hitting their lowest levels in six months in the previous session, hurt by worries over rising stocks, China's economic growth and the impending end of U.S. monetary stimulus. "Copper is looking weak from a supply and demand perspective," said a metals trader...

  • SYDNEY/ LONDON Oct 20- As metals executives fly into London for the industry's most glamorous week, its best years may be over as sinking metals prices and rising costs tear holes in budgets, and the industry epicentre heads east. For decades, heavyweights in the metals business have met in London each October to hammer out the ensuing year's terms of trade, based...

  • *Copper unable to build on higher finish on Friday. Copper has some of the weakest fundamentals among base metals as a wave of fresh supply works its way into the market. "Copper is looking weak from a supply and demand perspective," said a metals trader in Sydney.

  • SYDNEY, Oct 20- London copper inched down on Monday after climbing in the last session from its lowest in around six months, hit by worries over the end of U.S. stimulus. *The Thomson Reuters/ University of Michigan index of consumer sentiment was surprisingly strong in early October, rising to more than a seven-year high. *In nickel markets, Brazil's Vale SA sees a...

  • Anti-abuse label approved for painkiller Embeda Friday, 17 Oct 2014 | 7:35 PM ET

    The FDA said Friday that Pfizer Inc.' s Embeda can have labeling indicating that it has properties expected to reduce abuse of the drug when it is crushed and taken orally or snorted. The FDA has been under intense public pressure to combat the national epidemic of prescription opioid abuse. Embeda is the third extended-release opioid to be approved with...

  • Final Glance: Gold companies Friday, 17 Oct 2014 | 6:03 PM ET

    Barrick Gold Corp. fell$. 37 or 2.7 percent, to $13.41. Gold Fields fell$. 18 or 4.7 percent, to $3.69. Newmont Mining Corp. fell$. 32 or 1.4 percent, to $22.40.

  • Final Glance: Silver companies Friday, 17 Oct 2014 | 6:03 PM ET

    Hecla Mining Co. fell$. 15 or 5.9 percent, to $2.39. Pan American Silver Corp. fell$. 43 or 3.9 percent, to $10.55. Silver Standard Resources Inc. fell$. 28 or 4.8 percent, to $5.56.

  • Final Glance: Chemicals companies Friday, 17 Oct 2014 | 6:03 PM ET

    NEW YORK— Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose $1.29 or 2.9 percent, to $46.05. DuPont Co. rose$. 75 or 1.1 percent, to $66.98.

  • Final Glance: Coal companies Friday, 17 Oct 2014 | 6:03 PM ET

    Arch Coal fell$. 26 or 11.7 percent, to $1.97. Consol Energy Inc. rose$. 27 or. 8 percent, to $34.78. Peabody Energy fell$. 26 or 2.3 percent, to $11.03.

  • Oct 17- Cliffs Natural Resources Inc said it would write down the value of its coal and iron ore assets by $6 billion due to weak prices, putting it in breach of debt covenants and sending its shares down as much as 6.8 percent. We believe this will result in higher interest rate on revolver borrowings going forward, " FBR Capital Markets analysts wrote in a note.

  • Midday Glance: Silver companies Friday, 17 Oct 2014 | 1:21 PM ET

    Hecla Mining Co. fell$. 05 or 2.0 percent, to $2.49. Pan American Silver Corp. fell$. 30 or 2.7 percent, to $10.68. Silver Standard Resources Inc. fell$. 12 or 2.1 percent, to $5.72.

  • Midday Glance: Coal companies Friday, 17 Oct 2014 | 1:21 PM ET

    Arch Coal fell$. 21 or 9.5 percent, to $2.02. Consol Energy Inc. rose$. 18 or. 5 percent, to $34.69. Peabody Energy fell$. 40 or 3.5 percent, to $10.89.

Contact Materials and Metals

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More