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April 25 Shares of Century Aluminum (CENX +10.7%) soar after posting a Q1 loss far smaller than expected, even as results were negatively impacted by an unrealized loss on forward contracts of $5M primarily related to the mark to market of aluminum price protection options. BofA upgrades shares, reflecting a better earnings outlook and a 20% pullback in shares since Dec 12.
Comment![Commodities, On the Move]
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at MarketWatch.com (Oct 25, 2011)
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at MarketWatch.com (Oct 25, 2011)
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at MarketWatch.com (Jun 7, 2011)
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at MarketWatch.com (May 27, 2011)
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at MarketWatch.com (May 4, 2011)
CENX Press Releases and Filings
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Marketwire (Apr 24, 2012)
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Marketwire (Apr 16, 2012)
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Marketwire (Apr 3, 2012)
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Marketwire (Jan 13, 2012)
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Marketwire (Jan 11, 2012)
CENX Latest Transcript
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Wed, Apr 25
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Company Description
We produce primary aluminum. Aluminum is an internationally traded commodity, and its price is effectively determined on the London Metal Exchange (“LME”). Our primary aluminum facilities produce value-added and standard-grade primary aluminum products. In 2004, we acquired Grundartangi, an... More