On 29 July, A. M. Castle & Co. (NYSE: CAS) announced the signing of a lease agreement for new facility space in Janesville, Wisconsin. The lease is targeted to commence in the fourth quarter of 2015 following the build out of the new facility. A. M. Castle & Co. (NYSE:CAS) belongs to Industrial Goods sector. Its net profit margin is -14.70% and weekly performance is -6.62%. On last trading day company shares ended up $2.96. A. M. Castle & Co. (NYSE:CAS) distance from 50-day simple moving average (SMA50) is -46.65%.
JPMorgan Chase & Co. reiterated their overweight rating on shares of Rio Tinto plc (NYSE:RIO) in a resaerch note published onTuesday morning, ARN reports. The firm currently has a $50.77 price objective on the stock. Rio Tinto plc (NYSE:RIO) shares moved up 1.93% in last trading session and ended the day at $38.50. RIO return on assets is 9.10%. Rio Tinto plc (NYSE:RIO) quarterly performance is -16.14%.
On 31st July, Cliffs Natural Resources Inc. (NYSE:CLF) announced the commencement of an offer to purchase for cash (the “Tender Offer”), subject to certain terms and conditions, up to $100,000,000 aggregate principal amount (the “Maximum Amount”) of its outstanding 3.95% Senior Notes due 2018 (the “Notes”). On 04 August, Cliffs Natural Resources Inc. (NYSE:CLF) shares decreased -1.22% and was closed at $2.42. CLF EPS growth in last 5 year was -43.27%. Cliffs Natural Resources Inc. (NYSE:CLF) year to date (YTD) performance is -66.11%.
On 28 July, it was reported Mining giant BHP Billiton Limited (NYSE:BHP) will cut at least 100 jobs at its Melbourne head office after completing its South32 demerger in May. BHP Billiton Limited (NYSE:BHP) ended the last trading day at $38.36. Company weekly volatility is calculated as 1.95% and price to cash ratio as 16.24. BHP Billiton Limited (NYSE:BHP) showed a weekly performance of 2.51%.
ArcelorMittal’s SA (ADR) (NYSE:MT) South African unit temporarily withdrew a notice on job cuts at its Vereeniging steel mill, trade union Solidarity said on Tuesday. The steelmaker, which had said it could shed as many as 600 jobs, said it first wants to consult with trade unions before starting with the formal retrenchment process, Solidarity said in a statement. ArcelorMittal SA (ADR) (NYSE:MT) shares moved up 0.67% in last trading session and ended the day at $9.00. MT return on assets is -1.60%. ArcelorMittal SA (ADR) (NYSE:MT) quarterly performance is -15.25%.