Norsk Hydro shares gain 14% M-o-M: Aluminium demand, Q2 results draw investor focus
Leading recycled aluminium producer Norsk Hydro stock is attracting investor attention as its second-quarter (Q2) performance, aluminium prices and market outlook shape sentiment around the company. Hydro reported strong Q2 2026 profitability , backed by higher aluminium prices, product premiums...
Chuangxin Industries H1’26: Profit jumps 166%, driven by aluminium prices, green power
Chuangxin Industries Holdings Limited recorded a robust financial performance in the first half (H1) of 2026, with revenue rising 32.4 per cent year-on-year to RMB 11.53 billion (USD 1.71 billion) and net profit jumping 166.1 per cent to RMB 2.32 billion (USD 344.19 million). The Chinese aluminium...
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Kaiser Aluminum Corporation Reports Second Quarter and Year-to-Date 2011 Financial Results
Kaiser Aluminum Corporation (Nasdaq:KALU - News) today reported net income of $5 million or $0.24 earnings per diluted share for the second quarter 2011 compared sequentially to $11 million, or $0.59 per diluted share for the first quarter 2011 and $0 million or $0.01 earnings per diluted share for...
Noranda reports second quarter 2011 results
Noranda Aluminum Holding Corporation (NYSE: NOR) today reported results for second quarter and first six months of 2011. Noranda reported second quarter 2011 net income of $47.4 million ($0.69 per diluted share), compared to second quarter 2010 net income of $6.9 million ($0.14 per diluted share)....
Hulamin earnings offset by rand
ALUMINIUM producer Hulamin saw headline earnings rocket in the six months to June, but the company warned yesterday that despite a reduction in costs, the increase comes off a low base and is threatened by rand strength.
Alcoa Is Telling Us Good Things About the Global Economy
Aluminum giant Alcoa (NYSE: AA ) just reported a 27% surge in revenue and a more than twofold jump in its bottom line for the second quarter. A major aluminum company covers a lot of major sectors and thus gives us insight into the broader economy.
Sterlite Industries update on financial results of aluminum for Q1 2011
Work at the BALCO 1,200 MW (4x300MW) captive thermal power plant project at Korba is progressing as planned and we expect the first unit to commence power generation by Q2 FY2011 to 2012. Work at the 325 kilo tonne aluminum smelter project at Korba is progressing well and we target first metal...
EARNINGS ALERT: KAISER ALUMINUM IS EXPECTED TO BEAT THE STREET CONSENSUS WHEN IT REPORTS EARNINGS (KALU)
Analysts, on average, expect Kaiser Aluminum (NASDAQ:KALU - Snapshot Report) to report earnings of $0.53 per share on sales of $339 million on July 27, 2011. For the full year, analysts expect the company to post EPS of $2.33. In the year-ago period, the company reported EPS of $0.72 on sales of...
Century Aluminum Sees Q2 Profit Below View - Update
Century Aluminum Co. (CENX: News ) on Monday forecast profit for the second quarter below analysts' expectations, citing lower than expected U.S. production. The quarter's results include the impact of unabsorbed costs and restart expenditures due to production inefficiencies at the Hawesville...
NORSK HYDRO (NOHYP)
NORSK HYDRO : Second quarter 2011: Results rise on higher volumes and prices Hydro had underlying earnings before financial items and tax of NOK 1,906 million in the second quarter, up from NOK 1,448 million in the first quarter. Higher realized alumina and aluminum prices combined with higher...
Vedanta Resources may face investor ire over bonuses to top three
Billionaire Anil Agarwal may face problems on July 27 when he addresses shareholders at the annual general meeting of his London-listed mining company Vedanta Resources. The UK-based pension fund advisory PIRC and Aviva Investors, a shareholder in Vedanta, have urged members to oppose the...
Century Aluminum Sees Q2 EPS Below Consensus
The company said that its shipments (metric tons shipped) for the second quarter were 82,174 metric tons in the U.S., up 7% sequentially, and 69,309 metric tons in Iceland, up 3% sequentially. These results are consistent with the estimates the company provided during its April earnings call with...
Century Aluminum Sees Q2 EPS Below Consensus
Century Aluminum Co. (CENX: News ) said Monday that it expects to report second quarter net income of $23 million to $25 million, or $0.23 to $0.25 per share, and adjusted net income for the quarter of $25 million to $27 million, or $0.25 to $0.27 per share. Analysts polled by Thomson Reuters...
Alcoa Announces Dividend
The Board of Directors of Alcoa (NYSE:AA - News) declared (a) a quarterly common stock dividend of 3 cents per share payable August 25, 2011 to shareholders of record at the close of business on August 5, 2011 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative...
Cymat Technologies narrows Q4 loss by nearly $1M as revenue rises to $1.2 million
Aluminum foam maker Cymat Technologies Ltd. (TSX:CYM) narrowed its fourth quarter net loss on higher revenues, with one of its products being used in the 9/11 Memorial in New York City and a congress centre in Mallorca, Spain. Cymat reported a net loss of $210,000 for its fiscal fourth quarter,...
Orkla to close plants, raise prices
Orkla also said it would raise prices on consumer goods to improve declining margins, and repeated that as a financial investor in struggling solar equipment maker Renewable Energy Corp (REC) REC.OL> it would only sell down its 39.7 percent stake at the right price. "We do not see that the current...
Aluminum Demand, New Products Lift Alcoa's Earnings as Stock Eyes $19.50
Alcoa ( AA ) recently announced its performance for the second quarter of 2011. While the company grew its top-line by more than 11% over the figure in Q1 2011 to reach $6.6 billion, the net income also grew over the period by about 6% to settle at $326 million. Alcoa is the world leader in the...
Aluminum Demand, New Products Lift Alcoa's Earnings as Stock Eyes $19.50
Alcoa ( AA ) recently announced its performance for the second quarter of 2011. While the company grew its top-line by more than 11% over the figure in Q1 2011 to reach $6.6 billion, the net income also grew over the period by about 6% to settle at $326 million. Alcoa is the world leader in the...
Aluminum Demand, New Products Lift Alcoa's Earnings as Stock Eyes $19.50
Alcoa ( AA ) recently announced its performance for the second quarter of 2011. While the company grew its top-line by more than 11% over the figure in Q1 2011 to reach $6.6 billion, the net income also grew over the period by about 6% to settle at $326 million. Alcoa is the world leader in the...
Alcoa Inc. – Alcoa Inc.’s Profits Are On The Rise
The Largest Aluminum Producer Of The U.S. – Alcoa Inc. Due to the increasing demand for aluminum and lightweight metals of the U.S. and neighboring countries, Alcoa Inc., the third largest producer of aluminum in the world, reached remarkable increase in profits. The aluminum company obtained a...
