Albemarle (ALB) dropped more than 3% to start Wednesday’s trading session after announcing its efforts to cut costs in response to plummeting lithium prices. Shares have since recovered and are now down just over 1%. The American chemicals manufacturing company is on a mission to lower its costs by nearly $100 million annually, and [...]
By Leslie N. Masonson, MBA Oil-Dri Corp. (ODC), is a NYSE-listed firm that was incorporated in 1941, and is headquartered in Chicago, IL. The company employs 869 individuals. There are 5 million shares outstanding. Revenues totaled $399 million, and ODC’s market cap is $ 342 million. The company develops, manufactures and sells inert [...]
Word broke on Monday morning that the Metals Company (TMC) has been approved to raise gross proceeds of as little as $27 million or up to $38 million through a registered direct offering. The company specializes in deep-sea floor mining, pulling low-impact battery metals from seafloor polymetallic nodules. And after struggling to retain its [...]
Shares of U.S. Steel (X) have skyrocketed more than 30% so far in Monday morning’s trading session. The company just turned down a whopping $7.3 billion offer to acquire the company from Cleveland-Cliffs. This deal would have had incredible implications for the steel industry as a whole - but for now, it’s business as [...]
The Metal Company (TMC) has climbed 160% in the last three months and is already up another 15% so far today in Friday morning’s trading session. But, after a period of sustained growth, the stock dipped hard this week - falling more than 30%. What’s causing the volatility with this stock - and what [...]
The Metal Company (TMC) has climbed 160% in the last three months and is already up another 15% so far today in Friday morning’s trading session. But, after a period of sustained growth, the stock dipped hard this week - falling more than 30%. What’s causing the volatility with this stock - and what [...]
