Commodities & Metals
Commodities & Metals Articles
Fertilizer maker Potash Corp. of Saskatchewan, Inc. (NYSE: POT) reported third-quarter earnings this morning that were more than double earnings for the same period a year ago. But in this case, a...
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Investors appear to have lost faith in mining stocks, sending share prices down steadily throughout the year. Both iron ore and copper prices are down nearly 20% since the beginning of the month, and...
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Excluding the impacts of absorbing its recent acquisition of Bucyrus International, Inc., Caterpillar Inc. (NYSE: CAT) posted an all-time high in sales, revenue, and profits in the third quarter....
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While Peabody Energy Corp. (NYSE: BTU) and ArcelorMittal (NYSE: MT) haven’t been pursuing Australia’s Macarthur Coal Ltd. (OTC: MACDF) for more than a few months, the deal never really looked...
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Paper money was supposed to be dead, the dollar was supposed to implode, and hyperinflation from all of the bailout money and deficit spending was supposed to eat us alive. It was the perfect storm...
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Companies focused on mining and metals have been experiencing high volatility this year based on both the overall global economy and, in some cases, expected demand, especially from China. We have...
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Alcoa Inc. (NYSE: AA) is going to be a case study for how strange this new earnings season is going to be. The company is not describing a recession. It is also describing a period of extreme...
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Coal company stock prices hit a five-year high in the summer of 2008, just before the Lehman Brothers bankruptcy sent the entire global economy into a tailspin. Five-year lows hit most companies...
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In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an...
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When rare earth minerals miner Molycorp Inc. (NYSE: MCP) re-opened California’s Mountain Pass mine last year, the focus was on a variety of minerals known as the “light” rare earths. These...
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It has become the newest game on Wall Street in the last month to lower global growth targets for 2011 and 2012 over the last six weeks. What is amazing is that there is still a phantom growth...
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Fertilizer maker The Mosaic Co. (NYSE: MOS) reported earnings for its first fiscal quarter of 2012 after markets closed yesterday, and the company posted earnings and revenues that were in-line or...
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Prospects for the global economy are currently as dark or darker than they’ve been since the financial crisis began three years ago. Consumers and investors likely see either another recession or...
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China’s Ministry of Agriculture said it will have to make an extraordinary effort to increase the nation’s supply of corn. That assumes the government can control the weather, the quality of...
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On the way up, you heard many $2,000 gold targets. On the way down, the dooms-day crowd not only gets bold but they come out of the woodwork. Monday marked another day of margin calls and on...
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