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Russia’s GDP Is Back to Positive Territory
The recovery of oil prices in the second half of 2016 has helped the Russian economy recover from negative growth in 4Q16.
Freeport-McMoRan’s Debt Reduction Plan: Key Takeaways
During its 4Q15 earnings conference call, Freeport-McMoRan (FCX) mentioned a debt reduction program to raise $5 billion–$10 billion to shore up its balance sheet.
Why Analysts Think Steel Companies’ Profits Could Rise in 2Q16
Analysts expect steel companies to report higher EBITDA in 2Q16. The biggest rise is expected for U.S. Steel Corporation (X).
How Did Century Aluminum Perform in 1Q16?
Century Aluminum (CENX) reported an adjusted net loss of $22 million in 1Q16, which translates into adjusted EPS (earnings per share) of -$0.23.
How China Is Shifting Gears from Manufacturing to Services
The Chinese economy’s focus is shifting gears from manufacturing and industrial production to the service sector.
