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37 min ago | The Motley Fool
The stock's 2011 highs proved short-lived, though, as Alcoa went on to get cut in half once again before its explosive move higher in the past year. With all those volatile moves, investors want to know whether Alcoa can keep climbing from here or if the aluminum company is doomed to suffer another leg down.
37 min ago | Barron's
S&P 500 futures have fallen 0.1%, while Dow Jones Industrial futures have dropped 0.2%. Nasdaq Composite futures have declined 0.2%.
2 hrs ago | AmericanBankingNews.com
Shares of Antofagasta plc opened at 24.72 on Tuesday. Antofagasta plc has a 52-week low of $24.55 and a 52-week high of $31.97.
Heron Resources announced last Friday that the last of its two major cornerstone investors has exited the company, with Vale selling down its 9-percent stake via a book build to local retail and institutional investors. That follows the departure of BHP Billiton , which sold its 10.4-percent stake in late August in an off-market transfer to Sprott and Exploration Capital Partners 2008.
In the end, the answer to Brazilian miner Vale's Chinese shipping problem turned out to be in the problem itself. ) Valemax mega-ships - designed to cut the costs of transporting iron ore to China - have not been allowed to dock at Chinese ports, stalling the miner's $4 billion strategy.
Shares of BHP Billiton Limited were the target of unusually large options trading activity on Monday. Stock traders acquired 20,854 put options on the company, AnalystRatingsNetwork.com reports.
Courtesy of Cliffs Natural Resources: Cliffs Natural Resources can confirm that Cliffs and Invenergy Thermal Development LLC have jointly executed a Letter of Intent to advance consideration of a combined heat and power cogeneration facility to serve Cliffs Michigan operations. Under the terms of the LOI, Cliffs and Invenergy will work toward evaluating the feasibility of a cogeneration facility with the goal of reaching a decision point within 120 days.
Alcoa Inc has taken a nearly 2% tumble in trading today, after reaching its highest levels this week since its collapse six years ago at the height of the financial crisis. According to analyst Pete Najarian on CNBC today, the drop is likely only a temporary dip in the stock's upward momentum.
Johannesburg/London - Africa's largest gold producer AngloGold Ashanti has scrapped a planned demerger and rights issue after a shareholder revolt against the overhaul announced five days ago, and might be forced to sell assets to shore up its finances. The South Africa-based gold producer last week unveiled its intention to split its international assets from its South African mines to create a new London-listed company, mirroring moves by other producers to reduce exposure to a country hit by rising labour costs and policy instability.
Steel company Nucor is buying Gallatin Steel Co. for about $770 million, which will expand Nucor's footprint in the Midwest.
Barrick Gold Corporation has been named to the Dow Jones Sustainability World Index for the seventh consecutive year and has been ranked as the top performer in the mining industry category. "We are honored to be included in this highly-respected index once again this year.
Charlotte-based steel manufacturer Nucor Corp. has agreed to purchase Gallatin Steel Co.
AngloGold Ashanti scrapped plans to raise $2.1 billion through the sale of shares and split the company after investors opposed the strategy announced by South Africa's largest gold miner only last week. "A number of shareholders have expressed concerns about some aspects of the proposed transactions, in particular the quantum of the equity capital raising," the Johannesburg-based company said in a statement today.
AngloGold Ashanti could sell assets to help reduce debt after a shareholder revolt forced it to pull the plug on its plans for a new London-listed company and a $2.1 billion rights issue, its chief executive said on Monday. "Asset sales are on the cards.
BHP Billiton plc received a number of ratings updates from brokerages and research firms in the last week: BHP Billiton plc had its "market perform" rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 2,000 price target on the stock.
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After a colloquial greeting of "Hello Pittsburgh, how yinz doing?" from front man started off the set with a merciless pounding of his drum kit on the opener "Dead and Gone," from their 2011 album "El Camino" and was relentless in his assault on the skins throughout the show. Followed by "Next Girl," the signature gritty guitar work of kicked into high gear and ripped through "Run Right Back," "Same Old Thing" and "Gold on the Ceiling" with a ferocity that seems like the louder it's played, the better it sounds.
Updated: Tue Sep 16, 2014 07:58 am
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