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Rio Tinto announces results for the year ended 31 December 2013
14 FEB 20142MINS

Rio Tinto announces results for the year ended 31 December 2013

Rio Tinto announces a 10 per cent increase in underlying earnings to $10.2 billion and 15 per cent increase in full year dividend. Rio Tinto chief executive Sam Walsh said “These strong results reflect the progress we are making to transform our business and demonstrate how we are fulfilling our...

Alba reports Full-Year 2013 results
13 FEB 20143MINS

Alba reports Full-Year 2013 results

Aluminium Bahrain B.S.C. (Alba) released its full-year and fourth quarter of 2013 results as per the International Financial Reporting Standards (IFRS) accounting rules during a meeting of the company’s Board of Directors on Wednesday, February 12, 2014. The Full-Year 2013 results are summarized...

Hydro's underlying EBIT for 2013 rose to 2,737 million from 1,297 million in 2012
12 FEB 20143MINS

Hydro's underlying EBIT for 2013 rose to 2,737 million from 1,297 million in 2012

Hydro's underlying earnings before financial items and tax (EBIT) fell to NOK 483 million in the fourth quarter 2013 from NOK 659 million in the third quarter, mainly due to seasonal effects and lower hydropower production. For the full year, underlying EBIT rose to 2,737 million from 1,297 million...

Hindalco Industries stocks fall after Novelis declares Q3 results
11 FEB 20144MINS

Hindalco Industries stocks fall after Novelis declares Q3 results

Hindalco Industries fell 1.17% to Rs 105.60 at 10:42 IST on BSE after the company's US subsidiary Novelis reported its Q3 results on Monday, 10 February 2014. Meanwhile, the BSE Sensex was up 71.20 points, or 0.35%, to 20,405.47 On BSE, so far 2.21 lakh shares were traded in the counter, compared...

Novelis Reports Third Quarter of Fiscal Year 2014 Results
11 FEB 20143MINS

Novelis Reports Third Quarter of Fiscal Year 2014 Results

Novelis, the world leader in aluminum rolling and recycling, today reported net income attributable to its common shareholder of $13 million for the third quarter of fiscal 2014. Excluding certain tax-effected items, net income was $23 million for the quarter, up $14 million compared to $9 million...

Rio Tinto shareholdersto get a healthy dividend boost
10 FEB 20143MINS

Rio Tinto shareholdersto get a healthy dividend boost

Rio Tinto is expected to give shareholders a healthy dividend boost when it reports full-year financials this week, with analysts expecting chief executive Sam Walsh to make good on his mantra of seeking to increase returns to ­investors. However, the expected 10 per cent rise in dividends is...

Sapa Group announces results for the fourth quarter 2013
06 FEB 20141MINS

Sapa Group announces results for the fourth quarter 2013

Underlying EBIT for Sapa Group for the fourth quarter 2013 reflects a seasonally weaker quarter and charges related to impairment of inventories and accounts receivables. Key Figures – Sapa (50%) NOK million, except sales volumes Fourth quarter 2013 Revenue 5,066 Underlying EBITDA (22) Underlying...

Novelis to host Q3 FY 2014 Earnings Conference call on Monday, 10th Feb
04 FEB 20141MINS

Novelis to host Q3 FY 2014 Earnings Conference call on Monday, 10th Feb

Novelis Inc. will report its earnings for the third quarter of fiscal year 2014 on Monday, February 10, 2014. Following the release, President and Chief Executive Officer Philip Martens and Chief Financial Officer Steve Fisher will discuss the results via a live conference call for investors at...

Century Aluminum sets date for fourth quarter 2013 earnings announcement
02 FEB 20141MINS

Century Aluminum sets date for fourth quarter 2013 earnings announcement

Century Aluminum Company will report fourth quarter 2013 earnings on Thursday, February 20th 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, February 20th at 5:00 p.m. Eastern time. The earnings...

Nalco Q3 profit reports a leap of 10%
31 JAN 20142MINS

Nalco Q3 profit reports a leap of 10%

National Aluminium Company Ltd (NALCO) has reported a rise of 10 per cent in net profit at 21 million dollar (approx.) for the 3rd quarter ended Dec 31st. The Orissa based Navratna PSU had posted a net profit of 19 million dollar (approx.) during the corresponding quarter of the last fiscal year....

Sesa Sterlite’s Q3 profit beat the estimates
30 JAN 20142MINS

Sesa Sterlite’s Q3 profit beat the estimates

Sesa Sterlite Ltd, India’s biggest zinc and aluminium maker, beat Q3 earnings estimates as metal and oil output rose. Billionaire Anil Agarwal’s company said it will focus on reducing debt. Net income was Rs.18.7 billion in the three months ended 31 December, the Panaji, Goa-based unit of Vedanta...

First Bauxite files annual financial statements
30 JAN 20141MINS

First Bauxite files annual financial statements

First Bauxite Corporation announces that it has filed its annual financial statements and management's discussion and analysis for the fiscal year ended September 30, 2013. Also, on January 21, 2014, the Board of Directors appointed Mr. Larry Washow as a Non-Executive Chairman of the Board, Mr....

NALCO to announce Q3 results on Jan 29, 2014
24 JAN 20141MINS

NALCO to announce Q3 results on Jan 29, 2014

A meeting of the Board of Directors of National Aluminium Company Ltd will be held on January 29, 2014, to take on record the Unaudited Financial Results of the Company for the quarter ended December 31, 2013 (Q3). Shares of National Aluminium Company Ltd was last trading in BSE at Rs.36.95, up by...

Hydro to release fourth quarter results 2013
24 JAN 20141MINS

Hydro to release fourth quarter results 2013

Hydro's fourth quarter results 2013 will be released at 07:00 CET (01:00 AM EST, 06:00 UK time), on Wednesday February 12, 2014. The quarterly report and presentation slides will be available on www.hydro.com at the same time. Hydro will host a combined analyst and press conference at its corporate...

Kaiser Aluminum ex-dividend date scheduled for January 22, 2014
22 JAN 20141MINS

Kaiser Aluminum ex-dividend date scheduled for January 22, 2014

Kaiser Aluminum Corporation ( KALU ) will begin trading ex-dividend on January 22, 2014. A cash dividend payment of $0.35 per share is scheduled to be paid on February 14, 2014. Shareholders who purchased KALU stock prior to the ex-dividend date are eligible for the cash dividend payment. This...

Alcoa Board approves quarterly dividends
19 JAN 20141MINS

Alcoa Board approves quarterly dividends

The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable February 25, 2014 to shareholders of record at the close of business on February 7, 2014 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock...

Kaiser Aluminum announces a 17 percent increase in quarterly dividend payment
15 JAN 20141MINS

Kaiser Aluminum announces a 17 percent increase in quarterly dividend payment

Kaiser Aluminum Corporation today announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per share representing a 17% increase over the prior quarter's dividend. The dividend will be payable on February 14, 2014 to shareholders of record as of the close of business on...

Chalco expected to convert losses into profits for 2013
13 JAN 20141MINS

Chalco expected to convert losses into profits for 2013

As the New Year ushers in, it is expected that Aluminium Corporation of China (Chalco) will make up for their losses for the last year. With their cost reduction as well as asset optimization efforts, they are making every attempt to earn maximum profits. Recently the company said to Shanghai and...