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Stock Market & Financial Investment News

News Breaks
June 3, 2014
11:00 EDTMTXMinerals Technologies signs agreement with Zhejiang Zhengda Paper
Minerals Technologies announced that it has signed an agreement with the Zhejiang Zhengda Paper for a 50K metric ton per year satellite precipitated calcium carbonate plant that will produce coating grade PCC for packaging in Zhejiang Province, China. The plant should be operational in 4Q15.
News For MTX From The Last 14 Days
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April 24, 2015
11:33 EDTMTXMinerals Technologies sees Q2 EPS $1.15-$1.20, consensus $1.15
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11:31 EDTMTXMinerals Technologies says Q2 is 'typically the strongest quarter'
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11:14 EDTMTXMinerals Technologies believes it is 'ready to move to another level'
Cites the company's confidence in its integration progress. Comments taken from Q1 earnings conference call.
11:06 EDTMTXMinerals Technologies sees Acquired Businesses Q2 synergies $16M
Sees Acquired Businesses Q3 synergies $17M. The company said it expects continued progress in the integration. IT also expects continued progress with PCC satellite construction in China in Q2 and expects strong performance in Performance Minerals for Q2. Expects Construction Technologies to move into a seasonally high period for Q2, but expects continued weakness in the on-shore markets for Energy Services in Q2. The company cites challenges in the market due to low oil prices and decline in utilization in steel industry. Comments taken from slides for Q1 earnings conference call.
April 23, 2015
17:08 EDTMTXMinerals Technologies reports Q1 adjusted EPS $1.07, consensus 99c
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