Chemicals; Construction Materials; Containers & Packaging; Metals & Mining; Paper & Forest Products


Freeport-McMoRan Sells Canadian Mining Operation for $1.8 billion Cash

Freeport-McMoRan (NYSE: FCX) announced that it will sell its 80 percent ownership interest in the Candelaria/Ojos del Salado copper mining operations and supporting infrastructure to Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) for $1.8 billion in cash and contingent consideration of up to $0.2 billion.
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Dow Chemical Updates Planned Divestments and Outlines Other Portfolio Actions

The Dow Chemical Company (NYSE: DOW) today announced several updates regarding divestiture and portfolio management actions.
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Asbestos Bankruptcy Plan Approved

Pittsburgh Corning District Court Affirmation Granted

The U.S. District Court affirmed the U.S. Bankruptcy Court's May 2013 confirmation order for Pittsburgh Corporation's Modified Third Amended Plan of Reorganization.
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Reichhold Reorganizes

Reichhold Holdings Chapter 11 Petition Filed

Privately-held Reichhold Holdings and three affiliated Debtors filed for Chapter 11 protection...
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Builders FirstSource Operating Gains Reflect Market Share Gains Amidst Soft Housing Market

Builders FirstSource (NNASD:BLDR) reported results for the second quarter ended June 30, 2014 that fell short of analysts’ expectations, despite achieving the highest quarterly sales since 2006.
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Freeport McMoRan Follows Solid Quarter with News Of Indonesian Resumption

Freeport-McMoRan (NYSE: FCX) reported net income of $482 million, $0.46 per share, for second-quarter 2014, compared with $482 million, $0.49 per share, for second-quarter 2013 and $992 million, $0.95 per share, for the first six months of 2014, compared with $1.1 billion, $1.17 per share, for the first six months of 2013.
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Dow Chemical Reports Broadly Stronger Operating Results

Dow Chemical (NYSE: DOW) reported operating results that were well received by investors as both revenues and earnings both grew year-over-year and beat estimates.
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Freeport-McMoRan Updates on Disposal and Acquisition of Assets

Freeport-McMoRan Copper & Gold (NYSE: FCX) announced that its oil and gas subsidiary has completed its previously announced sale of its Eagle Ford Shale assets...
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Freeport-McMoRan Announces Agreement to Acquire Deepwater GOM Interests for $1.4 Billion

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G), has entered into a definitive purchase and sale agreement to acquire certain of Apache Corporation’s (Apache) (NYSE, Nasdaq: APA) interests in the Deepwater Gulf of Mexico (GOM), including Apache’s interests in the Lucius and Heidelberg oil production development projects and 11 exploration leases, for $1.4 billion.
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Freeport-McMoRan Mining Operations Supported by Strong Oil & Gas Results

Freeport-McMoRan Copper & Gold (NYSE: FCX) reported net income of $510 million, $0.49 per share, for the first-quarter of 2014, compared with $648 million, $0.68 per share, for the first-quarter of 2013.
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Buy & Hold: The Turnaround Letter's Time-Tested Investing Strategy

Since publishing our first issue back in 1986, we’ve always recommended investors exercise patience. "Beware an Itchy Trigger Finger" identified ten stock picks with particularly promising long-term potential--and they all had the added bonus of paying dividends over 3% to further reward investor patience. Given our contrarian slant, each of these stocks was also generally out of favor with mainstream investors at the time of recommendation--adding value stock appeal. Read More.

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