Acquisitions, Share Purchase Agreement, and Conference Call Schedules - Analyst Notes on U.S. Silica, Teck, Arch Coal, Walter Energy and Molycorp
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NEW YORK, July 21, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding U.S. Silica Holdings, Inc. (NYSE: SLCA), Teck Resources Limited (NYSE: TCK), Arch Coal Inc. (NYSE: ACI), Walter Energy, Inc. (NYSE: WLT) and Molycorp, Inc. (NYSE: MCP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4939-100free.
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U.S. Silica Holdings, Inc. Analyst Notes
On July 16, 2014, U.S. Silica Holdings, Inc. (U.S. Silica) announced the acquisition of Cadre Services Inc., a leading regional sand mining Company based in Voca, Texas, for approximately $98 million in cash. Bryan Shinn, President and CEO of U.S. Silica said, "This accretive acquisition aligns with our strategy to increase market share by expanding our footprint and product offerings in one of the fastest growing basins in the country. The addition of the Cadre team and their outstanding operational and logistics capabilities allows us to provide our customers with a high quality, regionally-produced product which effectively meets the demands of many Permian oil and gas wells." The transaction is expected to close by the latter part of July 2014. The full analyst notes on U.S. Silica are available to download free of charge at:
http://www.analystsreview.com/Jul-21-2014/SLCA/report.pdf
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Teck Resources Limited Analyst Notes
On July 16, 2014, Teck Resources Limited (Teck) announced that it has signed an agreement for the purchase of c. 14.6 million common shares of AQM Copper Inc. for CAD0.1037 per share, for aggregate consideration of approximately CAD1.5 million. According to the Company, the purchase was made for investment purposes. The full analyst notes on Teck are available to download free of charge at:
http://www.analystsreview.com/Jul-21-2014/TCK/report.pdf
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Arch Coal Inc. Analyst Notes
On July 14, 2014, Arch Coal Inc. (Arch Coal) announced that it will release its Q2 2014 financial results on July 29, 2014, Tuesday, before the market opens. In conjunction with the earnings release, the Company will conduct a conference call discussing the results on the same day at 11:00 a.m. ET. Arch President and CEO John W. Eaves, EVP and COO Paul A. Lang, and SVP and CFO John T. Drexler will be participating in the call. The webcast will be accessible via the investor section of the Company's website. The full analyst notes on Arch Coal are available to download free of charge at:
http://www.analystsreview.com/Jul-21-2014/ACI/report.pdf
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Walter Energy, Inc. Analyst Notes
On July 16, 2014, Walter Energy Inc. (Walter Energy) announced that it will release its Q2 2014 financial results on July 31, 2014, Thursday, before market opens. In conjunction with its earnings release, the Company will hold a conference call with institutional investors on the same day at 10:00 a.m. ET. For interested parties who are unable to listen to the live webcast, the call will be archived for up to 30 days on the Company's website. The full analyst notes on Walter Energy are available to download free of charge at:
http://www.analystsreview.com/Jul-21-2014/WLT/report.pdf
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Molycorp, Inc. Analyst Notes
On July 16, 2014, Molycorp, Inc. (Molycorp) announced its plans to release its Q2 2014 financial results on August 6, 2014, Wednesday, after the market closes. Following the earnings release, the Company will host a conference call on August 7, 2014, Thursday at 9:00 a.m. ET. The call will be hosted by Geoff Bedford, President and CEO, and Michael Doolan, EVP and CFO. A simultaneous live audio webcast will be available on the Investor Relations section of the Company's website. The full analyst notes on Molycorp are available to download free of charge at:
http://www.analystsreview.com/Jul-21-2014/MCP/report.pdf
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