Noranda hires bauxite, refining leader

Exec had been Rio Tinto division COO
Jun 23, 2015 7:10 AM

Noranda strikes interim Jamaica tax deal

Agreement includes $9M in retroactive payments
Jun 11, 2015 1:24 PM

Noranda's utility files to end contract while Jamaica sues over taxes

Stock takes another big hit, taking market cap down to $110M
Jun 4, 2015 7:06 AM

DoD renews Delta Coals contract

Nashville-based Delta Coals has been awarded a $7.8 million contract for black coal deliveries from the Defense Logistics Agency Energy. It is a one-year deal with a completion date of May 31, 2016. Delta will distribute coal to Army and Marine Corps locations in Tennessee and Virginia.

Apr 24, 2015 8:50 AM

LP, Ainsworth spike deal

With lengthy litigation looming, companies call off $1.1B plan
May 14, 2014 12:47 PM

Antitrust questions force LP, Ainsworth to extend deal deadline

The leaders of Louisiana-Pacific and Ainsworth Lumber have agreed to extend to June 2 today's deadline to obtain regulatory approval of their planned $1.1 billion combination. The companies say their extension is the result of "continued discussions" with the Canadian Competition Bureau and the Antitrust Division of the U.S. Department of Justice. Either company can add another 45 days to the deal's timeline if needed.

Shares of LP (Ticker: LPX) are down about 1 percent this afternoon to $15.25. Investors appear to be expecting not-so-good news about the Ainsworth acquisition and have pushed the stock down nearly 20 percent since the beginning of March.

Apr 18, 2014 1:35 PM

Noranda goes bargain hunting for smelting materials

Franklin company bids for assets of bankrupt competitor
Dec 13, 2013 2:19 PM

Noranda dives on word of Moody's ratings review

Analysts at Moody's Investors Service have placed the debt ratings of Noranda Aluminum Holdings under review for downgrade, saying the Franklin-based company "will face challenges in returning to and sustaining more robust metrics without meaningful improvement in its cost position or reduction in debt balances." The low prices of aluminum products on world markets have been a big drag for Noranda, which has launched a second cost-cutting program that aims to save $225 million by 2016.

Word of Moody's move didn't do Noranda shares (Ticker: NOR) a lot of good. They stumbled out of the gate and kept falling into the afternoon until they were off more than 10 percent at $2.31. That put them within shouting distance of their all-time low set in October.

Dec 12, 2013 2:14 PM

Ingram Barge names vessel operations leader

Company also appoints number of VPs in customer service, biz dev roles
Oct 2, 2013 1:06 PM

Booming gas pipeline company adds to Meridian space

Sperry Van Ness brokers help find Carl Smith room to grow further
Sep 3, 2013 2:50 PM