Industry News

Bemis Company Inc announced on Thursday the declaration by its board of directors of a regular quarterly cash dividend of USD0.29 per share. This dividend is payable on 1 September 2016, to shareholders of record at the close of business on 17 August 2016.. According to Bemis, it has paid an annual dividend on its common stock since 1922 and has been included in Standard& Poor's list of Dividend Aristocrats since 2008.."/>
Bemis Company’s board declares USD0.29 regular quarterly dividend
Cascades Inc., a leader in the recovery and manufacturing of green packaging and tissue paper products, is pleased to announce its unaudited financial results for the three-month period ended June 30, 2016.. Sales of $998 million Excluding specific items OIBD of $112 million Net earnings per common share of $0.38 Greenpac contribution to net earnings per common share: $0.03 Including specific items OIBD of $112 million Net earnings per..."/>
Cascades Continues to Improve its Results for the Second Quarter of 2016
Cascades Inc., a leader in the recovery and manufacturing of green packaging and tissue paper products, is pleased to announce its unaudited financial results for the three-month period ended June 30, 2016.. Sales of $998 million (compared to $1,003 million in Q1 2016 and $950 million in Q2 2015) Excluding specific items OIBD of $112 million (compared to $106 million in Q1 2016 and $103 million in Q2 2015) Net earnings per common share of $0.38..."/>
Cascades Continues to Improve its Results for the Second Quarter of 2016
Constellium NV disclosed on Thursday that its net income amounted to EUR9m for the second quarter ended 30 June 2016.. This reflects a rise in earnings when compared with net income of EUR47m net loss in the second quarter of 2015.. Revenues of EUR1.2bn were collected for the second quarter 2016, down 10% from the second quarter 2015 mainly due to lower metal prices."/>
Constellium swings to net income of EUR9m in Q2 2016
Allegheny Technologies on Thursday declared a quarterly cash dividend of USD0.08 per share of the company's common stock. This cash dividend will be paid on 8 September 2016 to stockholders of record at the close of business as of 18 August 2016.. Allegheny Technologies is a specialist materials and components producer that recorded revenues of approximately USD3.1bn for the 12 month period ending June 30, 2016.."/>
Allegheny Technologies to pay USD0.08 per share dividend
TerraVia has entered into a definitive agreement to sell a majority interest in the Algenistskincare brand to private equity firm Tengram Capital Partners, the company said. Tengram Capital Partners focuses exclusively on consumer and retail companies that own exceptional, highly recognizable brands. As part of the transaction, Tengram and TerraVia have also formed a partnership focused on..."/>
Tengram Capital Partners to Acquire Majority Stake in Skincare Brand Algenist
Eastman's board sets dividend payment date of 3 October 2016
Eastman Board Declares Dividend
Coromandel International Ltd and Gujarat State Fertilizers and Chemicals Ltd. Net profit of both the companies roughly halved in the June quarter as price cuts forced them to write down the value of inventories. "Sharp correction in fertilizer prices ahead of the consumption season has impacted pipeline stocks..."/>
How govt intervention made a bad quarter worse for Coromandel, GSFC [Mint, New Delhi]
Sappi Fine Paper North America will invest $25 million over the next year on new equipment in the paper company's wood yard on U.S. Route 201 in Skowhegan, adding as many as 100 temporary construction jobs. The investment, coupled with a $60 million capital investment in equipment and environmental safeguards already put into the Somerset plant since 2011, means the South African company is committed to the region for the long haul, mill managing director Tony..."/>
Sappi Fine Paper investing $25 million in Skowhegan wood yard [Morning Sentinel, Waterville, Maine]
Ball Corp., the world's largest maker of beverage cans, reported strong second-quarter earnings of $369 million, more than double the $160 million it reported for the same period last year. But revenues at what is now the world's largest maker of cans continues to lag. The company reported $2.03 billion in revenue for the quarter, down from the $2.17 billion it posted last year at this time."/>
Broomfield's Ball Corp. 2Q earnings soar, even as revenue lags [Daily Camera, Boulder, Colo.]
Innospec Inc. has committed to purchase US-based chemical company Huntsman Corp.' s European surfactants business, the companies said. Under the terms of the planned transaction, Innospec would acquire Huntsman's manufacturing facilities located in Saint-Mihiel, France; Castiglione delle Stiviere, Italy; andBarcelona, Spain. As part of theUSD 225 menterprise value, Huntsman would retain its related accounts..."/>
Innospec to Buy European Surfactants Business from Huntsman for USD 225m
Rayonier Advanced Materials Inc. today announced the pricing of its underwritten public offering of 1,500,000 shares of the Company’ s 8.00 percent Series A Mandatory Convertible Preferred Stock. The underwriters of the Offering have a 30- day option to purchase a maximum of 225,000 additional shares of Mandatory Convertible Preferred Stock to cover over-allotments. The offering price is $100 per share."/>
Rayonier Advanced Materials Announces Pricing of Mandatory Convertible Preferred Stock
Copper One Inc. is pleased to announce that it has closed its previously announced brokered private placement offering of units at a price of $0.13 per Unit. The Company issued 17,084,801 Units for aggregate gross proceeds of $2,221,024.13."/>
Copper One Closes Private Placement Financing
Labrador Iron Ore Royalty Corporation announced today its operation and cash flow results for the second quarter ended June 30, 2016.. Royalty income for the second quarter of 2016 amounted to $25.3 million as compared to $23.5 million for the second quarter of 2015. The shareholders' adjusted cash flow for the second quarter was $13.9 million or $0.22 per share as compared to $13.1 million or $0.21 per share for the same period in 2015. Net income was $8.3..."/>
Labrador Iron Ore Royalty Corporation - Results for the Second Quarter Ended June 30, 2016
M and A Navigator: Deal pipeline –4 August
Golden Band Resources Inc. (TSXV: GBN.H) announces that further to the news releases dated May 1, 2015 and July 7, 2015, it has filed a technical report dated August 1, 2016 entitled NI 43-101 TECHNICAL REPORT JOLU PROJECT AREA prepared by Frank Hrdy, P. Geo., Eugene Puritch, P. Eng, and Mike Yakimchuk, P. Eng, all independent Qualified Persons under National Instrument 43-101. At the time of writing this report all exploration activity on the Jolu Project is on hold..."/>
Golden Band Files NI 43-101 Technical Report
Kirkland Lake Gold Inc.-. H1 and Q2 2016 Highlights. --Pre-released gold production of 130,613 ounces;-- Sold 141,453 ounces of gold;-- Realized an average price per ounce of gold sold of US $1,211;-- Operating costs per ounce of gold sold of US $641 (based on total production expenses of C $159,482) (US $667 based on total production expenses of C $81,740 during Q2/16);-- All-in sustaining costs per ounce of gold sold of US $925;-- Generated $227.9 million in revenue;--..."/>
Kirkland Lake Gold Reports Strong Earnings for the Second Quarter of 2016 and Free Cash Flow Generation of $31.9 Million
Lucara Diamond Corp. reports strong Q2 2016 revenues of $140.8 million or $1,824 per carat resulting in H1 revenues of $191.4 million or $1,233 per carat. The board also declared on July 19, 2016 a total dividend to be paid of CA $178 million at CA $46.5 cents per share. --Revenue for H1 was $191.4 million or $1,233 per carat, excluding $8.3 million received post end of Q2 for the Company's June tender.-- EBITDA for H1 2016 was $140.5 million, with an..."/>
Lucara Reports Strong First Half Year Earnings and Rewards Shareholders With A Special Cash Dividend of CA$172 Million

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