On Tuesday, Shares of Micron Technology, Inc. (NASDAQ:MU), lost -4.99% to $17.88.
Micron Technology will host an analyst conference on Friday, Aug. 14, 2015. Presentations by CEO Mark Durcan and other Micron officers will start at 8 a.m. PT.
Micron Technology, Inc., together with its auxiliaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems.
Shares of Cliffs Natural Resources Inc. (NYSE:CLF), inclined 3.34% to $3.09, during its last trading session.
Cliffs Natural Resources declared its 2Q15 earnings on July 29, and it held the conference call with analysts on the same day. Cliffs’ results were a miss on market expectations this time. It is important to note that Cliffs has a history of beating market estimates, and it has offered positive surprises to the market with its results six out of the last eight times.
Cliffs stated an EPS (earnings per share) of -$0.28—contrast with analysts’ consensus of an EPS of -$0.11. Its EBITDA (earnings before interest, tax, depreciation, and amortization) was also lower at $65 million, contrast with analysts’ estimates of $74.2 million.
Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and two metallurgical coal mines located in Alabama and West Virginia.
Finally, CF Industries Holdings, Inc. (NYSE:CF), ended its last trade with -6.04% loss, and closed at $57.27.
CF Industries Holdings declared results for its fiscal second quarter ended June 30, 2015.
Second Quarter Highlights
- Strong operating results with record best safety incident rate.
- Stated EBITDA(1) of $670 million.
- Net earnings of $352 million or $1.49 per diluted share.
- Executed a five-for-one share split on June 17, 2015.
- Repurchased 4.8 million shares since start of second quarter, 233 million shares outstanding.
- Focused portfolio: Acquisition of remaining GrowHow UK interest, divestiture of Keytrade AG and Houston Ammonia Terminal interests.
- Capacity expansions: Continued progress at both facilities with Donaldsonville urea plant start up late third quarter or early fourth quarter and UAN to follow late fourth quarter.
CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company’s principal nitrogen fertilizer products comprise ammonia, granular urea, and urea ammonium nitrate solution.
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