Commodities & Metals
Commodities & Metals Articles
AGCO Corporation (NYSE: AGC), a maker of tractors and combines and farming equipment, reported that its fourth quarter earnings more than doubled to $85.2 million. This came to $0.88 EPS adjusted...
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When BHP Billiton Ltd. (NYSE: BHP) made its $38.6 billion offer for Potash Corp. of Saskatchewan (NYSE: POT), the size of the deal put a spotlight on the fertilizer makers, especially those that...
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To state the obvious, there is only so much farmland in the US. The National Cotton Council of America says that farmers will plant 14% more cotton this year compared to last. NCC Vice President...
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No one knows for certain why food prices around the world have risen so quickly. Ben Bernanke said the Federal Reserve’s Quantitative Easing program is not the cause. He argues that food prices are...
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Today’s action is showing a very favorable move to Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) after news that Newmont Mining Corporation (NYSE: NEM) is acquiring Fronteer Gold Inc. (AMEX:...
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Newmont Mining Corporation (NYSE: NEM) is doing what we would have expected to see more of in late 2009 and into 2010. It is making an acquisition. The company is buying a Canadian company called...
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The storms in the US and Northern Europe and Australian flooding could combine to fuel an already rapid move up in global inflation. Tropical Cyclone Yasi has strengthened to a Category 5, which...
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Reports have been around or months that Alpha Natural Resources, Inc. (NYSE: ANR) would acquire Massey Energy Co. (NYSE: MEE). Other suitors were mentioned, but Alpha was always at the top of the...
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Like demand for crude oil, demand for coal is being driven by China. The government’s recent decision to limit domestic production means that other coal miners will be sending more coal to China in...
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The message delivered today by earnings reports from Potash Corp. of Saskatchewan (NYSE: POT), Caterpillar Inc. (NYSE: CAT), and CNH Global N.V. (NYSE: CNH) is that as long as the world’s...
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Some of the largest steelmakers in the world have been hoping to see a fall in the price of iron ore, but such a decline does not appear to be on the horizon. A combination of a new pricing scheme,...
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Time to get ready for another chase scene in the fertilizer business. Privately held agricultural giant Cargill Inc. plans to sell its 64% stake in Mosaic Co. (NYSE: MOS) for about $24.3 billion. The...
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Kinross Gold Corporation (NYSE: KGC) is not having the greatest debut for 2011. As gold is not currently shaping up to look like a 2010 year, many gold miners have failed to perform. Kinross has...
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The US Department of Agriculture this morning released its January World Agricultural Supply and Demand Estimates, or WASDE, which projects world supply and demand for food products like wheat, corn,...
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Alcoa Inc. (NYSE: AA) was the first component of the Dow Jones Industrial Average to report earnings. Last night’s report was actually above estimates on earnings even if revenues were a tad...
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