Ferroglobe reported Q3 2026 sales of $369.8 million, an 18.6% increase year-over-year, but adjusted EBITDA fell to negative $2.4 million due to soaring energy prices, especially in Spain. The company is taking steps to improve profitability by closing five plants, reducing overhead by 20%, and aiming to boost adjusted EBITDA by $85-$115 million at full run rate. Despite challenges from low-priced imports and high energy costs, Ferroglobe generated positive operating cash flow of $25.9 million and free cash flow of $5.6 million. The company also continues to advance its strategic critical materials initiatives and will pay a quarterly dividend of $0.015 per share in December.
Ferroglobe's Q3 2026 sales reached $369.8 million, marking an 18.6% increase year-over-year. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Nov 04, 2026 04:11 WIB: out of 83 priced US stocks, 13 rose and 69 fell. Notable movers include DuPont de Nemours Inc (DD) at USD 152.88 with a 1-day change of +8.12%, Harmony Gold Mining Co. (HMY) at USD 14.50 down 7.82%, and Americas Gold and Silver Corporation (USAS) at USD 2.69 down 6.60%.
Nova Klúbburinn hf. has completed a share buyback program, acquiring 122,699,386 shares at an average price of ISK 3.26 per share. The buyback was part of an inverse offer process with valid bids for 159,526,476 shares. The company accepted bids up t...
Sysco Corporation reported growth in its first quarter of fiscal year 2027 with year-over-year increases in revenue, net profit, and EBITDA, driven by strong performance in its U.S. Foodservice segment. However, the company missed analyst expectation...
The 2026 US midterm elections are underway with all House seats and 35 Senate seats contested. Democrats need a net gain of three House seats and four Senate seats to control Congress. The outcome is crucial for crypto regulation, as the CLARITY Act,...
AMD reported strong Q3 results with 45% revenue growth driven by its data center segment, but concerns over valuation and profitability have led to a Hold rating. Despite adjusted net income of $3.47 billion, free cash flow fell to $554 million due t...
Solana Mobile has burned over 1.1 million SKR tokens since October 15 through a daily token burn program funded by ecosystem revenue from validator commissions and wallet fees. This burn is part of a mechanism to reduce circulating supply but is smal...
