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Metals Industry News
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Metals Industry News
Nikkei 225 Heads for Longest Winning Streak Since 1988 on Yen
Japanese shares rose a 10th day as the yen traded near its lowest since 2002 on signs the Federal Reserve is preparing to raise interest rates. Showa Denko K.K., a chemical-products maker, surged 5.3 percent on a report it's developing bendable touch panels for wearable devices.

Corporate Insiders Snap up Cliffs Natural Resources Inc. Shares
Shares of Cliffs Natural Resources Inc. jumped 5.1% in Wednesday trading, as news began to filter out of a wave of insider buying among corporate insiders of the iron and coal miner. As reported in a series of Form 4 filings with the SEC, two Cliffs directors, and the company's CEO as well, have made significant additions to their stock holdings over the course of the past week.

Congo Minister Insists Zijin's Bid for Kamoa Needs Government OK
Zijin Mining Group Co.' s bid for 49.5 percent of Ivanhoe Mines Ltd.'s Kamoa copper project in the Democratic Republic of Congo requires government approval before it can move forward, the mines minister said.

This Warren Buffett Bargain Stock Is Good For A Double
Chicago Bridge & Iron Company is an energy infrastructure-focused company that provides a whole list of services including design, engineering, procurement, fabrication, construction and commissioning services. Buffett has close to 10% of the company with 10.7 million shares.

Iron Ore Supply Cuts by Majors Just Won't Work, Says Goldman
"Efforts to support prices via voluntary production cuts would be counter-productive," analyst Christian Lelong wrote in a report on Wednesday. While such cutbacks are appealing in theory, any such proposal is misguided, according to Lelong.

Wall Street Breakfast: Charter Agrees To Acquire Time Warner Cable
Outstanding Performance Article Rewards Seeking Alpha awards two authors $2,500 each in prizes every week to reward great calls that played out well. We're excited to announce this week's Outstanding Performance Award Winners here .

Australia stocks slip, with miners down despite iron-ore gain
Despite a further climb for spot iron-ore prices, BHP Billiton Ltd. managed to add 1% after zooming about 11% higher on Tuesday in reaction to a report that Chinese companies could invest in Fortescue. Among the financials, National Australia Bank Ltd. limited their loss to 0.2% as the insurer announced an almost $60 million investment to optimize its operations.

Ecopetrol reinvents itself to compete in the world based on value generation and sustainability
Ecopetrol S.A. announces that its Board of Directors approved a new corporate strategy aimed at guaranteeing the company's long-term sustainability, in which value generation based on efficient barrels and shareholder return become a priority.i 1 2 Within a complex international price environment, the new strategy defines that Ecopetrol will be focused on oil and gas exploration and production, while seeking operational excellence in transportation, refining and petrochemical areas. The strategy also pursues the achievement of structural efficiencies, to allow the Group to increase its competitive levels in order to reach the best international standards.

Handy and Harman fine silver quotation $21.693 oz., $697.43 kg.
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Arch Coal In A Serious Down Slide
As power utilities are seen to be increasingly switching to cheaper natural gas and big-ticket clients such as China cut down on coal imports, the global coal industry is gripped by a downturn that has started to take its toll. One of the largest producers of coal in the world, United States-based Arch Coal Inc. , reportedly, hired restructuring advisers including Blackstone Group LP's credit advisers GSO Capital Partners, investment bank Moelis & Co , hedge fund Hutchin Hill Capital LP and lawyers from Davis Polk & Wardwell LP to help deal with its $5.15 billion debt, as of March 31, 2015.

China's Zijin to Spend $710 Million on Mining Deals
Zijin will buy a 50 percent stake in Barrick Gold Corp.'s Porgera mine in Papua New Guinea for $298 million, according to a statement on Tuesday. Separately, the company based in China's Fujian province agreed to acquire 49.5 percent of Ivanhoe Mines Ltd.'s Kamoa copper project in Congo for $412 million.

Elmer P. Lucas
Elmer Posey Lucas, 69, of Cutler, Ohio, died May 24, 2015, at 6:20 a.m. at Marietta Memorial Hospital. He was a Army veteran of the Vietnam Conflict and worked as machine operator for Kaiser Aluminum in Belpre, Ohio.

Coal in Alabama: What you need to know
While millions across the country fired up charcoal grills over Memorial Day weekend, coal producing firms around Alabama continued to take a beating. Hoover-based Walter Energy Inc. is not the only American coal producer reeling from the economic downturn, but the state's 13th largest publicly-traded company did recently announce the possibility of up to 370 layoffs across its Alabama footprint.

Rio Tinto to Raise Up to $6 Billion for Mongolian Mine Expansion
Rio Tinto Group will seek to raise as much as $6 billion of external funding for the Oyu Tolgoi underground mine in Mongolia as the company prepares a war chest to develop one of the world's largest untapped deposits of copper and gold. The money will be raised through third-party project financing, product off-take arrangements and other forms of funds, according to a development plan published by Turquoise Hill Resources Ltd., which owns 66 percent of Oyu Tolgoi.

Citigroup Inc. Boosts Cliffs Natural Resources Price Target to $2.50
The firm currently has a "sell" rating on the mining company's stock. Citigroup Inc.'s target price points to a potential downside of 51.64% from the stock's previous close.

Kaiser Aluminum Corp. Stock Rating Upgraded by Zacks
The firm currently has a $92.00 target price on the stock. Zacks 's price objective would suggest a potential upside of 12.84% from the stock's previous close.

Carpenter Technology Director Sells C$9,000.00 in Stock
Carpenter Technology Director Jatinder Singh Bal sold 100,000 shares of Carpenter Technology stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of C$0.09, for a total value of C$9,000.00.

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Plastics Industry News
Cooper to present at Deutsche Bank session
Two executives from Cooper Tire & Rubber Co. will give a presentation at the Deutsche Bank 6th annual Global Industrials and Basic Materials Conference.

Man accused of Cooper insider trading flees country
A man accused of insider trading on the proposed acquisition of Cooper Tire & Rubber Co.

Houston businesses sign pledge for LGBT workplace inclusivity
Houston-based BBVA Compass, The Houston Super Bowl Host Committee, The Montrose Center, Washington Height 's Pearl Bar and hundreds of other companies publicly pledged to promote businesses that are welcoming to gay and transgender people. Michigan-based Dow Chemical Co.

Ovations for May 28
Hercules , left, celebrates the slaying of the Green Sea Monster with his companion Hylas after he saves Andromeda from imminent death in St. Margaret's production of “Argonautika.” The Orange County Cappies has announced its nominees and commendees for the 2014-15 theater season. The Cappies program provides an opportunity for students to review plays and musicals at each other's schools and recognize them for their excellence.

Whirlpool Corp. (WHR), Huntsman Corporation (HUN) Among Billionaire...
Appaloosa Management LP is a New Jersey-based employee-owned hedge fund co-founded by billionaire David Tepper in 1993. The hedge fund's main operation is to manage separate client-focused fixed income and balanced portfolios, which together were worth $5.70 billion as of March 31. Tepper's fund has generated annual compounded returns of 30% since its inception and Tepper himself attracted a lot of attention in 2009 when he became the highest-paid hedge fund manager of that year after providing his investors a 120% return after fees.

Bridgestone moves Thai tech center
Bridgestone Corp. has relocated its Bridgestone Asia Pacific Technical Center Co. Ltd. to a new laboratory building in Pathum Thani Province, Thailand, just north of Bangkok.

Cooper Tire awards student scholarships
The goal of the program, which will make awards annually, is to help the children of Cooper employees continue their post-secondary education - with an emphasis on those who intend to pursue careers related to manufacturing, according to the tire maker. Cooper said the program is being administered by the Findlay-Hancock County Community Foundation, an independent philanthropic agency that manages more than 350 funds, including more than 100 scholarships.

Weekly CEO Buys Highlight: WST, PHII, CLMS, CSBK, AMRC
According to GuruFocus Insider Data , these are the largest CEO buys during the past week. The overall trend of CEO buys is illustrated in the chart below: CEO of West Pharmaceutical Services Inc Eric Mark Green bought 18,300 shares on 05/21/2015 at an average price of $55.13.

West Pharmaceutical Services insider Karen Flynn Sells 3,091 Shares
West Pharmaceutical Services insider Karen Flynn sold 3,091 shares of the company's stock on the open market in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $55.24, for a total transaction of $170,746.84.

Can Cooper Tire & Rubber Overcome Its Weak Quarterly Performance?
Cooper Tire & Rubber recently released unimpressive results for the first quarter of fiscal 2015. The company disappointed investors with a decline in the net income and profit margins.

Goodyear Tire & Rubber's Global Growth Will Take It Higher
Goodyear Tire & Rubber recently impressed everyone with a record performance in the first quarter of 2015, with a solid improvement across all its key financial elements. Besides that, growth in the volume continues to benefit the company and is expected to increase in the coming quarters.

Paul Tudor Jones Adds To Position in Cooper Tire
Paul Tudor Jones is the president and founder of Tudor Investment Corporation. He is one of the most successful investors of current times.

Press release distribution, EDGAR filing, XBRL, regulatory filings
Independently ow... )--David A. Roberts, Chairman and CEO of Carlisle Companies Incorporated , will be presenting at the KeyBanc Capital Markets' Conference at the Intercontine... )--Poyry has selected Orange Business Services to transform its worldwide communications infrastructure to support global projects within the international consulting and engin... )--ITechLaw has elected a new Board of Directors and slate of Officers for the coming year. The new President is Jenna Karadbil of New York.

DuPont: After The Defeat Of An Activist Investor, Insiders Continue To Buy
Investors voted in support the company's strategy of focusing on higher margin businesses rather than supporting riskier activist investor proposals. The company's imminent spin-off its lower growth commodities business will enhance shareholder value over the intermediate and long term.

E I Du Pont De Nemours And (DD) - Analysts' Weekly Ratings Updates
E I Du Pont De Nemours And has recently received a number of price target changes and ratings updates: 5/14/2015 - E I Du Pont De Nemours And was upgraded by analysts at Vetr from a "hold" rating to a "buy" rating. They now have a $78.51 price target on the stock.

Dow Chemical Rating Lowered to Hold at Vetr Inc.
They currently have a $57.00 target price on the stock. Vetr 's price target would suggest a potential upside of 11.13% from the stock's previous close.

Sector Leaders See 5.9% Advantage For 5 Highest-Yield, Lowest-Priced May Dividend Dogs
Ten sector-topping dividend stocks by yield projected 5.9% more net gains from $5k invested in the lowest-priced five than from $5K invested in all ten. Annual returns divided by closing stock prices May 22 determined the yields.

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