PR News Wire (Free subscription) | yesterday
MOSCOW, July 25 /PRNewswire-FirstCall/ -- Mechel OAO (NYSE: ) publishes its official statement. Mechel shares the concerns of the Government of the Russian Federation, steel plants and metallurgical industry in regard to the growth in prices for steel products and raw materials in the recent time. As was previously announced, Mechel has started the process of forming long-term commercial relationships...
PR News Wire (Free subscription) | yesterday
Sales up 24%; Operating Income up 29%; Net Earnings up 27%; Backlog at Record Level ROSELAND, N.J., July 24 /PRNewswire-FirstCall/ -- Curtiss-Wright Corporation (NYSE: ) today reports financial results for the second quarter and six months ended June 30, 2008. The highlights are as follows: Second Quarter 2008 Operating Highlights -- Net sales for the second quarter of 2008 increased 24% to...
PR News Wire (Free subscription) | 07/24/2008
ST. LOUIS, July 24 /PRNewswire-FirstCall/ -- Patriot Coal Corporation (NYSE: ) today reported that its Board of Directors declared a 2-for-1 stock split, to be effected in the form of a 100 percent stock dividend, payable August 11, 2008, to stockholders of record on August 4, 2008. The Company's stock price has more than tripled since initial trading on November 1, 2007. Following the Magnum acquisition,...
PR News Wire (Free subscription) | 07/24/2008
LIMA, Peru, July 24 /PRNewswire-FirstCall/ -- Compania de Minas Buenaventura S.A.A. (the "Company" or "Buenaventura") (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru's largest publicly traded precious metals mining company announced that the two-for-one stock split took place the morning of July 23, 2008. As a result, the number of Buenaventura's outstanding shares is now 254,442,328. Company Description ...
PR News Wire (Free subscription) | 07/24/2008
Substantial energy savings and significant reduction of carbon dioxide emissions provide economic and environmental efficiencies SAN FRANCISCO, July 24 /PRNewswire/ -- Zenergy Power Inc., developer of commercial products based on high temperature superconductor (HTS) technology, announced the successful installation and implementation of the world's first commercial full scale HTS induction heater...
PR News Wire (Free subscription) | 07/23/2008
PR News Wire (Free subscription) | 07/23/2008
BOISE, Idaho, July 23 /PRNewswire-FirstCall/ -- Thunder Mountain Gold, Inc. (OTC Bulletin Board: THMG) (Company) today announced the completion on July 18, 2008, of a Private Equity Financing of US$555,000 by way of a private placement to accredited investors. The placement consisted of 2,775,000 Units priced at US$0.20 each. Each unit consisted of a share of common stock, and a warrant to acquire...
Market Watch (Free subscription) | 07/23/2008
NEW YORK (MarketWatch) -- Allegheny Technologies Inc. said Wednesday that second-quarter earnings were $168.9 million, or $1.66 a share, compared with $206.5 million, or $2.00 a share, in the year-ago period. Sales were $1.46 billion, compared with $1.47 billion a year ago. The average of analysts estimates polled by FactSet Research was for earnings per share of $1.54 by the specialty metals company....
Sofia News Agency (Free subscription) | 07/22/2008
Bulgaria's infamous steel mill Kremikovtsi has officially signed the contract with "Vorskla Steel" for the production of steel with materials supplied by the Ukrainian company. The announcement was made by the Chair of the Federation "Metallurgy" from the "Podkrepa" Trade Union, Lyudmil Pavlov. "T...
The Portland Business Journal (Free subscription) | 07/22/2008
Precision Castparts Corp. on Tuesday reported record-high first-quarter sales and earnings figures driven by strong demand from the energy and aerospace industries for the company's metal products. (PCP)
StockGuru Blog (Free subscription) | 07/22/2008
LAS VEGAS, NV–Jul 22, 2008 — Franklin Mining, Inc. Chairman and President William A. Petty has returned to Bolivia to review and discuss the Escala’s laboratory analysis and metallurgy reports prior to a full release of the mine’s mineral content. “I am encouraged by the reports and analysis received from the SGS Laboratory in Ontario, Canada. [...]
Business Wire (Free subscription) | 07/22/2008
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that on July 16, 2008, its Board of Directors declared a regular quarterly cash dividend of $.10 per
Market Watch (Free subscription) | 07/22/2008
NEW YORK (MarketWatch) -- Precision Castparts Corp. on Tuesday said first-quarter net income climbed to $275.8 million, or $1.95 a share, from $226.4 million, or $1.61 a share in the year-ago period. The Portland, Ore. metal components maker said sales for the three months ended June 29 rose to 11% to $1.8 billion. Analysts surveyed by FactSet forecast earnings of $1.94 a share on revenue of $1.8...
PR News Wire (Free subscription) | 07/22/2008
MEMPHIS, Tenn., July 22 /PRNewswire-FirstCall/ -- Harvey L. Karp, Chairman of Mueller Industries, Inc. (NYSE: ), announced today that Mueller's net income in the second quarter of 2008 was $27.0 million, or 72 cents per diluted share. This compares with $36.4 million, or 98 cents per diluted share, for the same period of 2007. Net sales for the second quarter of 2008 were $753.5 million compared with...
Nikkei (Free subscription) | 07/21/2008
Metal-Press Maker Aida Engineering To Open Russian BranchTOKYO (Nikkei)--Press-machine manufacturer Aida Engineering Ltd. (6118) plans to set up its first branch office in Russia this fiscal year.
