New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 27, 2013
11:49 EDTJOY, BTU, WLT, TCK, VALE, CLFJoy Global CEO cites 'significant destocking of commodities in key markets'
On the Q1 earnings conference call , Mike Sutherlin, President and CEO of Joy Global noted a significant destocking of commodities in key markets. The resurgence of steel production in China dropped iron ore inventories from over a 90 million-ton run rate to just 74 million tons by year-end while imports reached record levels and metallurgical coal inventories at the mills dropped from 31 to just 19 days over the same period.
News For JOY;BTU;WLT;TCK;VALE;CLF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
October 27, 2014
13:06 EDTCLFCliffs Natural volatility elevated into Q3 and outlook
Subscribe for More Information
11:30 EDTCLFCliffs Natural turnaround hampered by low iron ore prices, Bloomberg says
Lower iron ore prices are derailing Cliffs Natural's turnaround plans, says Bloomberg. Activist investor Casablanca Capital has been urging Cliffs Natural Resources to spin off or sell foreign mines and return more cash to investors but with iron ore prices at such a low level it may be difficult to sell mines at a satisfactory price or even maintain its current payout, added Bloomberg. Reference Link
October 26, 2014
19:47 EDTVALEBrazil's Rousseff wins second term as president, WSJ says
Subscribe for More Information
October 24, 2014
07:25 EDTVALEVale volatility elevated as shares trend lower into Brazil elections
Subscribe for More Information
06:15 EDTCLFCliffs Natural implied volatility of 106 at upper end of index mean range
Subscribe for More Information
October 23, 2014
11:38 EDTVALEStocks with call strike movement; FB VALE
Facebook (FB) March 90 call option implied volatility decreased 3% to 35, Vale (VALE) March 12 call option implied volatility decreased 3% to 33 according to IVolatility.
October 22, 2014
16:00 EDTCLFOptions Update; October 23, 2014
Subscribe for More Information
14:30 EDTCLFCliffs Natural volatility elevated on wide price movement into Q3 and outlook
Subscribe for More Information
08:04 EDTCLFCliffs Natural short side risks have increased, says Credit Suisse
Credit Suisse said risks to the short trade in Cliffs Natural have increased. The analyst rates shares an Underperform with a $10 price target but is bullish into next weeks earnings report given the size of cost cutting efforts, that could be worth $300M in EBITDA, and likely to surprise investors. Longer-term, the Credit Suisse remains cautious on shares.
October 20, 2014
09:22 EDTCLFOn The Fly: Pre-market Movers
Subscribe for More Information
08:10 EDTBTUPeabody sees FY14 adjusted EPS ($1.48)-($1.38), consensus ($1.46)
Targets reflect lower seaborne thermal coal pricing and reduced production at the Wilpinjong Mine as strong year-to-date performance is expected to result in the mine reaching annual permit levels before year end. Expects total sales of 245 to 255 million tons, including U.S. sales of 185 to 190 million tons and Australian sales of 36 to 38 million tons; U.S. costs per ton 1 to 3 percent below 2013 levels on cost containment efforts. U.S. revenues per ton improved to 2 to 4 percent below 2013 levels on higher realized price per ton; and Australian costs that have been lowered to approximately $70 per ton, as a result of successful cost reduction initiatives and operating performance.
08:08 EDTBTUPeabody cuts FY14 CapEx to $200M-$220M
Subscribe for More Information
08:08 EDTBTUPeabody seeing favorable industry indicators over Chinese coal imports
Subscribe for More Information
08:07 EDTBTUPeabody reports Q3 adjusted EPS (59c), consensus (66c)
Subscribe for More Information
06:15 EDTCLFCliffs Natural downgraded to Sell from Neutral at Citigroup
Citigroup downgraded Cliffs Natural to Sell saying the covenant breach and asset writedowns could force the company to cut or eliminate its dividend and stock buyback program. Citi also believes iron ore prices are unlikely to average well above $80/tonne over the next couple of years. The firm lowered its price target for Cliffs shares to $5 from $16.
October 17, 2014
16:01 EDTCLFOptions Update; October 17, 2014
iPath S&P 500 VIX Short-Term Futures down 1.75 to 38.58 Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX GILD CLF PBR according to Track Data.
09:17 EDTCLFOn The Fly: Pre-market Movers
Subscribe for More Information
08:48 EDTCLFBofA/Merrill global steel analysts hold analyst/industry conference call
Subscribe for More Information
08:04 EDTBTUPeabody volatility elevated into Q3 and outlook
Subscribe for More Information
06:09 EDTCLFCliffs Natural expects to record non-cash impairment of about $6B in Q3
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use