Alcoa Stock Soars 7% on Business Review: Quarterly Update Details
Alcoa stock is gaining momentum this morning after Alcoa Corp (NYSE:AA) announced a multiyear review of its business.
Aluminum giant Alcoa Corporation announced that the company was going to go conduct an extensive …
Despite Trade War, Iron Ore Demand Increases: The Companies to Watch
China is still locked in a trade war with the United States, the most recent economic conflict impacting commodity prices; and yet, iron ore appears seamlessly unaffected. In fact, demand for iron ore, the main …
Alcoa Stock Falls On Disappointing Q1 Earnings: Analysts Scratching Heads
Alcoa stock is witnessing selling pressure in today’s early trading session as Alcoa Corp (NYSE:AA), the aluminum and bauxite producing giant, missed analyst estimates for its first-quarter earnings.
Revenue Falls Over 23%
The …
Russia’s Rusal to Invest in US Kentucky Plant Despite Sanctions
Russian aluminum company Rusal is investing $200 million into a new project in Kentucky, US. The move comes after the US Treasury Department lifted sanctions on several Russian firms back in January.
Rusal to … Read
Newmont Mining Buys Goldcorp in $10 Billion All-Stock Takeover
Newmont Mining (NYSE:NEM) has announced its plans to buy its smaller Canadian rival, Goldcorp (NYSE:GG). The deal is a whopping $10 billion USD all-stock takeover and will create the world’s biggest gold producer by output. …
Glencore PLC Subpoenaed, Stock Tumbles On LON and OTC Markets
Of all the things that could happen to a multinational company, receiving a subpoena from the U.S. Justice Department is the one that many fear.
In a move that adds to a turbulent …
EU to Ban Single-Use Plastics
On Monday, the European Union (EU) proposed a ban on all single-use plastics, such as straws and plastic utensils.
The EU hopes to reduce the amount of single-use plastic items which are “most …
U.S. Senate to Introduce the Legalization of Hemp
Head of the U.S. Senate Mitch McConnell, has today announced that he will be pushing forward a bill to legalize hemp farming on an industrial scale.
The Hemp Farming Act 2018 will reclassify …
Trump Tariffs: Who Stands to Benefit?
Back on March 1st, U.S. President Donald Trump announced that he would implement tariffs on steel (25%) and aluminum (10%) imported into the country. Since then, there has been a tidal wave of backlash with …
Technical Report Indicates Broadway Gold’s Madison Project Is a Game-Changer
“Don’t stop in America, go straight to Butte!”
That is what they used to say to immigrants after World War II about this unsuspecting swathe of Southwestern Montana. In those days, the hills …