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Stock Market & Financial Investment News

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March 18, 2013
06:30 EDTSXCSunCoke Energy and VISA Stell launch joint venture in India
SunCoke Energy and VISA Steel Limited announced the official launch of their cokemaking joint venture in India. The new joint venture will be called VISA SunCoke Limited. SunCoke Energy holds a 49% interest in the joint venture, with VISA Steel holding the remaining 51%. SunCoke has invested approximately $67M to acquire a 49% stake in the joint venture. VISA SunCoke Limited is comprised of a 400,000 metric ton heat recovery coke plant, and the associated steam generation units at Kalinganagar in Odisha, India. SunCoke and VISA Steel will co-manage the business with equal representation on the partnership's board.
News For SXC From The Last 14 Days
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July 21, 2015
07:10 EDTSXCSunCoke Energy gives 23% Granite City interest to SunCoke Energy Partners
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07:10 EDTSXCSunCoke Energy sees FY15 domestic coke production approx. 4.3M tons
SunCoke Energy (SXC) reaffirms 2015 guidance excluding expected benefits of Convent Marine Terminal acquisition and Granite City 23% dropdown: Domestic coke production is expected to be approximately 4.3 million tons; Domestic coke Adjusted EBITDA per ton is expected to be at the lower end of our $55 per ton and $60 per ton range; Consolidated Adjusted EBITDA is expected to be between $190M-$210M; Adjusted EBITDA attributable to SXC is expected to be between $115M-$130M, reflecting the impact of public ownership in SXCP (SXCP); Capital expenditures are projected to be approximately $80M; Cash generated by operations is estimated to be between $125M-$145M; Cash taxes are projected to be approximately $10M.
07:08 EDTSXCSunCoke Energy reports Q2 EPS (21c), consensus 5c
Reports Q2 revenue $348.2M, consensus $350.87M.
07:02 EDTSXCSunCoke Energy Partners to acquire Convent Marine Terminal for $412M
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