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CENX
Century Aluminum Company

5/22/2012, 11:46 PM ET
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CENX Market Currents more »
  • 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. [Commodities, On the Move]
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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

Industry: Aluminum
Country: United States