GO
Loading...

Materials and Metals

More

  • Eastman Chemical beats Street 4Q forecasts Thursday, 29 Jan 2015 | 5:27 PM ET

    KINGSPORT, Tenn. _ Eastman Chemical Co. on Thursday reported fourth-quarter net income of $16 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share. Eastman Chemical shares have dropped 9.5 percent since the beginning of the year, while the Standard& Poor's 500 index has dropped nearly 2 percent.

  • CALGARY, Alberta, Jan 29- Canadian Oil Sands Ltd, the largest-interest owner in the Syncrude oil sands project, slashed its dividend and further reduced 2015 capital spending on Thursday as fourth-quarter profit dropped 87 percent due to lower oil prices. Canadian Oil Sands said net income in the quarter was C $25 million, or 5 Canadian cents per share, down from C...

  • Midday Glance: Coal companies Thursday, 29 Jan 2015 | 1:23 PM ET

    Arch Coal fell$. 06 or 6.3 percent, to $0.91. Consol Energy Inc. fell$. 44 or 1.5 percent, to $29.35. Peabody Energy fell$. 09 or 1.5 percent, to $6.01.

  • Midday Glance: Chemicals companies Thursday, 29 Jan 2015 | 1:23 PM ET

    NEW YORK— Shares of some top chemicals companies are up at 1 p.m.:. Dow Chemical Co. rose $1.76 or 4.1 percent, to $44.79. DuPont Co. rose$. 11 or. 2 percent, to $71.82.

  • Midday Glance: Silver companies Thursday, 29 Jan 2015 | 1:23 PM ET

    Hecla Mining Co. fell$. 14 or 4.3 percent, to $3.10. Pan American Silver Corp. fell$. 36 or 3.2 percent, to $10.93. Silver Standard Resources Inc. fell$. 42 or 6.7 percent, to $5.83.

  • Midday Glance: Gold companies Thursday, 29 Jan 2015 | 1:23 PM ET

    NEW YORK— Shares of some top gold companies are down at 1 p.m.:. Barrick Gold Corp. fell$. 46 or 3.6 percent, to $12.15. Newmont Mining Corp. fell$. 54 or 2.2 percent, to $23.72.

  • NEW YORK/ LONDON, Jan 29- Gold prices tumbled more than 2 percent to a two-week low on Thursday, while silver fell more than 6 percent and platinum more than 3 percent as the U.S. That's what's turned gold down here, "said Bill O'Neill, co-founder of commodities investment firm LOGIC Advisors in Upper Saddle River, New Jersey. Spot gold fell to a two-week low of $1,251.86...

  • Potash's profit beats as sales rise, costs fall Thursday, 29 Jan 2015 | 10:52 AM ET
    A worker prepares a railcar to transport potash from the Potash of Saskatchewan Lanigan mine in Lanigan, Sasketchewan, Canada.

    Potash Corp. of Saskatchewan reported a better-than-expected quarterly profit, helped by strong potash sales and lower costs.

  • Potash Corp's shares rose more than 3 percent Thursday in Toronto and New York, touching their highest level since May 2012 in Toronto. Potash Corp sold 2.5 million tonnes of potash, the most ever in a fourth quarter and up 42 percent year over year. Potash Corp, the second-biggest potash producer by output after Russia's Uralkali OAO, reported fourth-quarter...

  • Early Glance: Coal companies Thursday, 29 Jan 2015 | 10:40 AM ET

    Arch Coal fell$. 02 or 1.6 percent, to $0.96. Consol Energy Inc. fell$. 06 or. 2 percent, to $29.73. Peabody Energy rose$. 02 or. 3 percent, to $6.12.

  • Early Glance: Chemicals companies Thursday, 29 Jan 2015 | 10:40 AM ET

    NEW YORK— Shares of some top chemicals companies are mixed at 10 a.m.:. Dow Chemical Co. rose$. 94 or 2.2 percent, to $43.97. DuPont Co. fell$. 18 or. 3 percent, to $71.53.

  • Early Glance: Silver companies Thursday, 29 Jan 2015 | 10:40 AM ET

    Hecla Mining Co. fell$. 03 or. 9 percent, to $3.21. Pan American Silver Corp. fell$. 11 or 1.0 percent, to $11.18. Silver Standard Resources Inc. fell$. 14 or 2.2 percent, to $6.11.

  • Early Glance: Gold companies Thursday, 29 Jan 2015 | 10:40 AM ET

    NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 21 or 1.7 percent, to $12.40. Newmont Mining Corp. fell$. 42 or 1.7 percent, to $23.84.

  • Dow Chemical tops 4Q profit forecasts Thursday, 29 Jan 2015 | 8:13 AM ET

    MIDLAND, Mich. _ Dow Chemical Co. on Thursday reported fourth-quarter earnings of $819 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. Dow Chemical shares have dropped roughly 6 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased roughly 3 percent.

  • Jan 29- Dow Chemical Co's adjusted profit handily beat analysts' estimate as margins in its agricultural sciences business soared, helped largely by new crop protection products. The company plans to raise $7.5 billion to $8 billion from asset sales by mid-2016. Net income available for the company's shareholders fell 24 percent to $734 million, or 63 cents per...

  • Bemis beats 4Q profit forecasts Thursday, 29 Jan 2015 | 7:39 AM ET

    NEENAH, Wis. _ Bemis Co. on Thursday reported fourth-quarter profit of $59.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. Analysts expected $1.08 billion, according to Zacks.

  • Jan 29- Potash Corp of Saskatchewan, the world's biggest fertilizer company by market capitalization, reported a better-than-expected quarterly profit, helped by strong potash sales and lower costs. Potash Corp, the second-biggest potash producer by output after Russia's Uralkali OAO, said on Thursday that improving phosphate market conditions are...

  • PRAGUE— Hundreds of miners are rallying in Prague to pressure the government to allow the expansion of brown coal mining in northern Czech Republic. Facing the environmental damage, a legacy from the communist era, the government set limits for the mines in 1991. The limits were also meant to guarantee that no other towns or villages would have to be destroyed...

  • LONDON, Jan 29- Copper, nickel and other metals prices fell on Thursday on worries about excess supplies and after U.S. central bank authorities gave more signals of a looming rate hike which could tighten market liquidity. "Macro forces are largely dominating the market today, and over the near term, market attention will remain fixated on Greece and the Fed," said...

  • UPDATE 1-Kaz Minerals hits annual copper output target Thursday, 29 Jan 2015 | 3:20 AM ET

    LONDON, Jan 29- Copper miner Kaz Minerals, formerly known as Kazakhmys, hit its production target for last year and made its first shipment of concentrate from its new copper and gold mine at Bozymchak in December, it said on Thursday. The London- listed company produced 294,000 tonnes of copper cathode equivalent in 2013. After the completion of a restructuring...

Contact Materials and Metals

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More