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Stock Market & Financial Investment News

News Breaks
February 27, 2013
08:12 EDTSWCStillwater Mining sees 2013 capital expenditures $172.8M
Stillwater Mining said its Montana mining operations as currently configured, function well at a production rate of approximately 500,000 combined ounces of palladium and platinum per year. Mine plans for 2013 once again have been structured to achieve that level of production. It is anticipated that total cash cost per ounce for the two Montana mines will average approximately $560 in 2013, 15.7% higher than the $484 per ounce averaged in 2012. Capital expenditures are budgeted to total approximately $172.8M for 2013, up from $116.6M in 2012. The increase is attributable primarily to additional capital requirements at the Marathon project, along with the acceleration of the Far West development area within the Stillwater Mine.
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February 1, 2016
08:08 EDTSWCStillwater Mining employees ratify four-year labor agreement
Stillwater Mining reported that union employees at the Company's Stillwater Mine and Columbus processing facilities, represented by the USW International Union Local 11-0001, have ratified a new four-year labor agreement. The material points of the agreement are: no increase in base wages for each of the first two years of the agreement; and simplification of the incentive program and the introduction of metrics that better align employee and shareholder outcomes. The effective date of the new agreement is June 2, 2015.
January 28, 2016
10:04 EDTSWCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Amdocs (DOX) upgraded to Buy from Neutral at BofA/Merrill... Cheesecake Factory (CAKE) upgraded to Overweight from Equal Weight at Stephens... Chemical Financial (CHFC) upgraded to Buy from Hold at Sandler O'Neill... Cimarex Energy (XEC) upgraded to Buy from Hold at Wunderlich... Cirrus Logic (CRUS) upgraded to Outperform from Perform at Oppenheimer... Citrix (CTXS) upgraded on Q4 results, valuation at JMP Securities... Comerica (CMA) upgraded to Market Perform from Underperform at BMO Capital... Community Health (CYH) upgraded to Market Perform from Underperform at Raymond James... Denny's (DENN) upgraded to Overweight from Equal Weight at Stephens... Dolby (DLB) upgraded to Buy from Neutral at Dougherty... EMC (EMC) upgraded to Buy from Neutral at Mizuho... Halliburton (HAL) upgraded to Buy from Accumulate at KLR Group... Hanmi Financial (HAFC) upgraded to Strong Buy from Outperform at Raymond James... Hawaiian Holdings (HA) upgraded to Neutral at BofA/Merrill... Hologic (HOLX) upgraded to Buy from Hold at Needham... Kinder Morgan (KMI) upgraded at Stifel... MGM China (MCHVF) upgraded to Overweight from Neutral at JPMorgan... Nimble Storage (NMBL) upgraded to Buy from Hold at Maxim... Patterson Companies (PDCO) upgraded to Buy from Neutral at UBS... PayPal (PYPL) upgraded to Outperform on core market share gains at Wedbush... Prosperity Bancshares (PB) upgraded to Buy from Neutral at DA Davidson... RPC, Inc. (RES) upgraded to Overweight from Equal Weight at Morgan Stanley... Rowan Companies (RDC) upgraded to Equal Weight from Underweight at Morgan Stanley... SanDisk (SNDK) upgraded to Buy from Neutral at Mizuho... Stillwater Mining (SWC) upgraded to Outperform from Market Perform at FBR Capital... Vantiv (VNTV) upgraded to Positive from Neutral at Susquehanna... Wilshire Bancorp (WIBC) upgraded to Outperform from Market Perform at Raymond James.
07:26 EDTSWCStillwater Mining upgraded to Outperform from Market Perform at FBR Capital
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