Commodities & Metals

Commodities & Metals Articles

Potash Corp. of Saskatchewan Inc. (NYSE: POT) reported third-quarter 2012 results before markets opened this morning. The fertilizer maker posted diluted earnings per share (EPS) of $0.74 on revenues...
Best Buy Co. Inc. (NYSE: BBY) should have hoped founder Richard Shulze might have bought the firm as he considered its financial status. Now, it may be too late. Best Buy offered the kind of earnings...
Earlier this week, CSX Corp. (NYSE: CSX) reported quarterly results that were more or less in line with estimates, but the mix of shipments was not what the railroader was used to. Coal shipments...
Steelmaker AK Steel Holdings Corp. (NYSE: AKS) reported quarterly earnings today and the results that were better than expected, but earnings per share (EPS) still came in negative. AK Steel joins...
Agribusiness giant Archer Daniels Midland Co. (NYSE: ADM) has bid $2.8 billion for Australian grain grower and marketer GrainCorp. According a press release from GrainCorp, the offer is a nonbinding...
Peabody Energy Corp. (NYSE: BTU) reported third-quarter results before markets opened this morning. The coal mining company posted adjusted diluted earnings per share (EPS) of $0.51 on revenues of...
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported third-quarter results before markets opened this morning. The mining firm posted adjusted diluted earnings per share (EPS) of $0.86 on...
In August, weather forecasts for the coming winter suggested that the formation of an El Niño weather pattern was progressing nicely, which typically means slightly warmer and wetter weather for the...
The World Trade Organization (WTO) ruled today that the U.S. did not illegally dump a type of specialty steel into the Chinese market beginning in 2010. China imposed 19.5% tariffs on the...
Weak macroeconomic data drove central banks’ monetary policy during the third quarter, and those policies drove the world’s demand for gold, according to the latest report from the World Gold...
Spot prices for uranium hit a two-year low last week at $45.75 amid a pending decision over Japan’s nuclear future, excess uranium inventories and slowing growth in China. Japan is dragging its...
The U.S. Department of Agriculture reported last night that the harvest of this year’s U.S. corn crop is 79% complete and the soybean harvest is 71% complete. These numbers are significantly higher...
In the first official comments since the revised merger agreement between Glencore International and Xstrata, the prime minister of Qatar has said, “[W]e are looking in favor of doing something...
Crop-nutrient maker Yongye International Inc. (NASDAQ: YONG) has announced that a consortium led by the company’s chairman and CEO has made a preliminary, nonbinding offer of $6.60 a share in cash...
As natural gas prices rise along with a forecast for a colder winter in the U.S., U.S. coal stocks have benefited from a burst of enthusiasm since early October. Share prices have jumped as much as...