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ICICIdirect retains 'Hold' on Vedanta; target INR 135
04 AUG 20152MINS

ICICIdirect retains 'Hold' on Vedanta; target INR 135

ICICIdirect has maintained 'Hold' on Vedanta following announcement of company's first quarter results. The stock broker fixed price target to INR 135. Commenting on the results, ICICIdirect said, ''Vedanta reported a mixed set of Q1FY16 numbers. The EBITDA came in below our estimates while on the...

NALCO to announce Q1 results on Aug 12, 2015
04 AUG 20151MINS

NALCO to announce Q1 results on Aug 12, 2015

A meeting of the Board of Directors of National Aluminium Company Ltd will be held on August 12, 2015, to consider and take on record the Un-audited Financial Results of the Company for the quarter ended on June 30, 2015. Shares of NATIONAL ALUMINIUM CO.LTD. was last trading in BSE at INR35.3 as...

Ess Dee Aluminium to consider financial results on Aug 14, 2015
03 AUG 20151MINS

Ess Dee Aluminium to consider financial results on Aug 14, 2015

A meeting of the Board of Directors of Ess Dee Aluminium Ltd will be held on August 14, 2015, to consider and take on record the unaudited financial results of the company for the quarter ended June 30, 2015. The trading window for trading in the securities of the company shall remain closed from...

Orbite announces second quarter 2015 results and provides update on HPA construction
03 AUG 20153MINS

Orbite announces second quarter 2015 results and provides update on HPA construction

Orbite Technologies Inc announced today the filing of its Consolidated Interim Financial Statements for the second quarter ended June 30, 2015 . The Company reported a net loss of $3.7 million (or $0.01 per share) for the second quarter, as compared to a net loss of $4.3 million ( $0.02 per share)...

Rexam PLC announces its Half Year results 2015
31 JUL 20152MINS

Rexam PLC announces its Half Year results 2015

Rexam PLC, a leading global beverage can maker, and business partners to some of the world’s most famous and successful consumer brands announced its results for the first half of 2015. Key Highlights: • Beverage can volumes including UAC up 3% (2% organic) • Organic2 underlying operating profit...

Hind Aluminium Industries Ltd board recommends final dividend of 15% for 2014-15
30 JUL 20151MINS

Hind Aluminium Industries Ltd board recommends final dividend of 15% for 2014-15

The Board of Directors of Hind Aluminium Industries Ltd at its meeting held on May 30, 2015, have recommended a Final Dividend of 15% on the equity shares of the Company for the year ended March 31, 2015. (Previous year @ 15%). The Register of Members & Share Transfer Books of the Company will...

Alba H1 results jump but industry is facing strong headwinds
30 JUL 20151MINS

Alba H1 results jump but industry is facing strong headwinds

Aluminium Bahrain B.S.C. (Alba) announced the release of its second quarter and first half of 2015 results on Wednesday, July 29, 2015. Commenting on Q2 & H1 2015 Results, the Chairman of Alba’s Board of Directors, Daij bin Salman bin Daij Al Khalifa: “Alba was able to outperform the industry and...

Vedanta Limited announces Q1 Results
30 JUL 20152MINS

Vedanta Limited announces Q1 Results

Vedanta Limited (formerly known as Sesa Sterlite Ltd./Sesa Goa Ltd) today announced its unaudited consolidated results for the first quarter ended 30 June 2015. A summary of the results below: Financial Highlights: • Revenues at INR 16,952 crore • EBITDA at INR 4,039 crore is flat sequentially;...

S.Africa's Hulamin H1 profit drops 34 pct
28 JUL 20151MINS

S.Africa's Hulamin H1 profit drops 34 pct

South African aluminium products maker and marketer Hulamin Ltd on Monday reported a 34 percent drop in first-half operating profit due to electricity shortages and planned maintenance. Africa's most advanced economy is the midst of its worst power crisis and is struggling to keep the lights on as...

Noranda delays smelter upgrades due to aluminum price rout
24 JUL 20152MINS

Noranda delays smelter upgrades due to aluminum price rout

Noranda Aluminum Holding Co has delayed efforts to ramp up production at its New Madrid, Missouri, smelter due to a sharp decline in aluminum prices, said President and CEO Kip Smith, as the company's quarterly losses widened. The company had previously expected the 253,000 tonne-per-year smelter...

Constellium to report second quarter 2015 results August 5, 2015
23 JUL 20151MINS

Constellium to report second quarter 2015 results August 5, 2015

Constellium N.V. will announce its second quarter 2015 financial results on Wednesday, August 5, 2015. A conference call and webcast to present the results will take place at 11:00 a.m. (Eastern Daylight Time) on the same day. The conference call will be hosted by Pierre Vareille, Chief Executive...

Noranda Aluminum reports second quarter 2015 results
23 JUL 20155MINS

Noranda Aluminum reports second quarter 2015 results

Noranda Aluminum Holding Corporation today reported results for second quarter 2015 on July 23, 2015. "In a volatile second quarter 2015 aluminum price environment, we successfully managed cash and available liquidity while continuing to focus on improving our operational reliability and...

Noranda reports loss in bauxite segment for second quarter 2015
23 JUL 20151MINS

Noranda reports loss in bauxite segment for second quarter 2015

Noranda Aluminum Holding Corporation today reported results for second quarter 2015 on July 23, 2015. Bauxite segment reported a $3.1 million loss in second quarter 2015, a $2.1 million profit in first quarter 2015, and a $1.3 million loss in second quarter 2014. • Sequentially, Bauxite results...

Kaiser Aluminum beats Wall Street's revenue outllook for Q2
22 JUL 20151MINS

Kaiser Aluminum beats Wall Street's revenue outllook for Q2

Kaiser Aluminum Corp., the Foothill Ranch-based maker of semi-fabricated aluminum products for defense, aviation and automotive industries, beat Wall Street expectations on second-quarter revenue and income. The company posted net income of $20 million, or $1.11 per diluted share, compared to net...

Seasonal sales push Hydro's second quarter 2015 downstream earnings to record high
22 JUL 20152MINS

Seasonal sales push Hydro's second quarter 2015 downstream earnings to record high

Hydro's underlying earnings before financial items and tax declined to NOK 2,667 million in the second quarter from NOK 3,208 million in the first quarter of 2015, mainly reflecting lower aluminium prices and premiums. Stronger seasonal sales volumes lifted downstream results to the highest level...

Norsk Hydro Second Quarter 2015 Results: upstream down on weaker prices but downstream up
22 JUL 20152MINS

Norsk Hydro Second Quarter 2015 Results: upstream down on weaker prices but downstream up

Hydro's underlying earnings before financial items and tax declined to NOK 2,667 million in the second quarter from NOK 3,208 million in the first quarter of 2015, mainly reflecting lower aluminium prices and premiums. Highlight: • Underlying EBIT of NOK 2,667 million • Record downstream results on...

Norsk Hydro: Sapa (joint venture) - Announcement of results for the second quarter 2015
17 JUL 20151MINS

Norsk Hydro: Sapa (joint venture) - Announcement of results for the second quarter 2015

Underlying EBIT for Sapa increased compared to the previous quarter, due to seasonally higher sales volumes, strong North American market development, as well as improvement programs progressing ahead of plan across the organization. The second quarter results were also impacted negatively by...

Century Aluminum sets date for second quarter 2015 earnings announcement
17 JUL 20151MINS

Century Aluminum sets date for second quarter 2015 earnings announcement

Century Aluminum Company will report second quarter 2015 earnings on Thursday, August 6th after the close of market trading. The news release will be issued through Marketwired. The company will hold a follow-up conference call on Thursday, August 6th at 5:00 p.m. Eastern time. The earnings call...