News
MP-WS
19.62
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BUZZ-U.S. STOCKS ON THE MOVE-TC Energy, Cloudflare, Coterra Energy
Dow Jones Industrial Average up 1.23% after softer-than-expected jobs report. Apple and Amgen among top percentage gainers in the S&P 500. Coterra Energy, Cloudflare and Hershey rise after beating Q1 results. Stocks on the rise in the U.S. On Friday.
Reuters · 17h ago
BUZZ-U.S. STOCKS ON THE MOVE-Copper miners, Rivian, Union Pacific Corp
Dow Jones Industrial Average up 1.12% after softer-than-expected jobs report. Apple and Amgen gain on upbeat corporate updates. Copper miners rise on softer dollar. Rivian, Union Pacific Corp and Hershey rise after beating quarterly results. U.S. Stocks advance on Friday.
Reuters · 18h ago
BUZZ-MP Materials edges higher, reports upstream refining ramping up
MP Materials Corp reports wider-than-expected loss in Q1. Shares of MP Materials Corp rise 0.7% to $16.07. Company reports upstream refining ramping up. MP down 18.9% YTD after reporting lower concentrate sales and weak prices for rare earths and battery minerals.
Reuters · 20h ago
MP Materials Corp reports results for the quarter ended in March - Earnings Summary
MP Materials Corp reported a quarterly adjusted loss of 4 cents per share for the quarter ended in March. Revenue fell 49.1% to $48.68 million from a year ago. MP Materials Corp shares had risen by 11.3% this quarter and lost 19.8% so far this year.
Reuters · 1d ago
UPDATE 2-MP Materials reports wider-than-expected Q1 loss on weak rare earth prices
MP Materials reports wider-than-expected Q1 loss on weak rare earth prices. Rare earths miner MP Materials is the second-biggest producer of rare earths outside China. Realized price of rareearth oxide in concentrate declined 54% in the quarter. The company reported lower concentrate sales and weak prices for strategic minerals.
Reuters · 1d ago
MP Materials report wider-than-expected Q1 loss
MP Materials report wider-than-expected Q1 loss in first-quarter. Company hurt by lower concentrate sales and eakness in pricing of rare earth products. The company reported adjusted loss of 4 cents per share compared with analysts' expectations of 2 cents per quarter.
Reuters · 1d ago
What to Watch in the Day Ahead - Thursday, May 2
Apple's revenue is expected to decline 5% and would mark the fifth instance of topline drop in the past six quarters. U.S. Census Bureau data expected to show factory orders for March rose 1.6% and international trade deficit likely widened to $69.1 billion. Moderna expected to report first-quarter earnings.
Reuters · 2d ago
MP Materials Corp <MP.N> expected to post a loss of 2 cents a share - Earnings Preview
MP Materials Corp expected to post a loss of 2 cents a share - Earnings Preview MP Materials Corp MP.N, expected to show a fall in quarterly revenue when it reports results on May 2. The company is expected to report a 49.3% decrease in revenue to $48.498 million.
Reuters · 3d ago
What to Watch in the Week Ahead and on Monday, April 29
Domino's Pizza expected to post a rise in first-quarter revenue on resilient demand for its pizzas. Apple's revenue is expected to decline 5% in the week. The U.S. Economic calendar has a flurry of data due in the next few days.
Reuters · 04/26 18:42
MP MATERIALS CORP <MP.N>: JP MORGAN CUTS TARGET PRICE TO $16 FROM $20
Reuters · 04/23 04:24
MP MATERIALS CORP <MP.N>: JP MORGAN CUTS TO NEUTRAL FROM OVERWEIGHT
Reuters · 04/23 04:24
Albemarle, Cummins receive tax credits under Biden's clean energy drive
Albemarle, Cummins receive tax credits under Biden's clean energy drive. Thirty five projects, focused on electrical grid enhancements, got a total of $1.93 billion in tax credits. Clean energy is key to meeting the climate goals set at the 2015 UN Climate Change Conference.
Reuters · 04/19 17:29
MP MATERIALS <MP.N>: DEUTSCHE BANK CUTS TARGET PRICE TO $15 FROM $17
Reuters · 04/11 12:51
Deals of the day-Mergers and acquisitions
Spanish drug maker Grifols plans to meet its debt payments in 2025. Italy's Italgas has made a preliminary offer worth 4-5 billion euros for 2i Rete Gas. U.S. Rare-earths producer MP Materials says Gina Rinehart's mining firm has taken a stake in the company.
Reuters · 04/10 09:43
UPDATE 1-Australian magnate Rinehart takes stake in US miner MP Materials
Australian billionaire Gina Rinehart's mining firm takes 5.3% stake in U.S. Rare-earths producer MP Materials. MP Materials is the second-biggest producer of rare earths outside China. Hancock Prospecting holds about 8.8 million shares of the company.
Reuters · 04/10 03:35
Australian billionaire Rinehart's firm takes stake in US miner MP Materials
Australian billionaire Rinehart's firm takes stake in US miner MP Materials. MP Materials is biggest producer of rare earths in the United States. Hancock Prospecting holds about 8.8 million shares of the company. Australian billionaire's mining firm has taken a 5.3% stake in the firm.
Reuters · 04/09 18:51
BUZZ-U.S. STOCKS ON THE MOVE-Eiger BioPharmaceuticals, Reddit, US energy sector
Stronger-than-expected manufacturing data propped up Treasury yields and tempered expectations of a rate cut in June. The Dow Jones Industrial Average was down 0.75% in midday trading on Monday. The top three S&P 500 percentage gainers were Micron Technology, Wynn Resorts.
Reuters · 04/01 17:47
BUZZ-MP Materials rises on $58.5 mln US funding for Texas rare earth magnet plant
MP Materials rises on $58.5 mln US funding for Texas rare earth magnet plant. Shares of miner MP Materials MP.N up 4.1% at $14.88. Company says it has been awarded funding for the construction of the plant. Products will be supplied to General Motors for its North American EV production.
Reuters · 04/01 15:33
Miner MP Materials gets $58.5 mln US funding for Texas rare earths plant
Miner MP Materials gets $58.5 mln US funding for Texas rare earths plant. The company expects the facility to start producing finished magnets by late 2025. The products will be supplied to General Motors GM.N for its North American EV production. Rare earths are a group of metals used to maker magnets used in electric vehicles.
Reuters · 04/01 14:38
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About MP-WS
Fortress Value Acquisition Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company have not selected any business combination target. The Company have not initiated any substantive discussions, directly or indirectly, with any business combination target.