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After receiving $436 million in cash from Mechel and 83.3 million preferred shares of Mechel stock in 2009, Jim Justice purchased Bluestone Coal from Mechel OAO for only $5 million in cash in February 2015 with Mechel receiving future royalty payments of $3 per ton from Bluestone Coal mines and 12.5% from the sale of Bluestone Coal company if ...
Margins matter. The more Mechel OAO (NYS: MTL) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares ...
Even if you're only the most casual news watcher, odds are, you've heard of Project 2025. This 922-plus page document, organized by The Heritage Foundation -- a well-known conservative think tank
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What: Shares of Mechel OAO fell as much as 17% today as investors sold off Russian stocks because of a potential conflict with Ukraine. So what: The Russian ruble hit an all-time low today as ...
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“The price of electricity went up during the inflation years and hasn’t come down that much.” Housing takes up to 50% of budgets. The shelter index increased 0.4% in July, up 5.1% year over ...