News: Mechel OAO (MTL.N)
13 Mar 2014
MOSCOW, March 14 - Alfa Bank, Russia's largest private bank, has demanded Russian coal miner and steelmaker Mechel pay back a $150 million loan ahead of schedule, putting additional pressure on the company, the Vedomosti newspaper said on Friday.
U.S. stocks rose on Friday as some positive economic data boosted the S&P 500 to record levels for a second straight day and put major indexes on track for strong gains in both the week and the month. The Dow Jones industrial average was up 0.49 percent at 16,351.94, the S&P 500 was up 0.48 percent at 1,863.17 and the Nasdaq Composite was up 0.27 percent at 4,330.511.
U.S. stocks opened little changed on Friday, with the S&P 500 coming off a record close and after the U.S. government slashed its estimate for fourth-quarter economic growth. The Dow Jones industrial average was up 0.34 percent at 16,328.45, the S&P 500 was up 0.34 percent at 1,860.59 and the Nasdaq Composite was up 0.32 percent at 4,332.918.
U.S. stock index futures dipped on Friday, with investors reluctant to make big bets after the S&P 500 closed at a record and ahead of closely watched data on economic growth. Dow Jones industrial average futures were down 0.04 percent at 16,266, S&P 500 futures were down 0.02 percent at 1,853.5 and Nasdaq 100 futures were down 0.05 percent at 3,699.5.
U.S. stock index futures dipped on Friday, with investors reluctant to make big bets after the S&P 500 closed at a record and ahead of closely watched data on economic growth. Dow Jones industrial average futures were down 0.04 percent at 16,266, S&P 500 futures were down 0.11 percent at 1,851.9 and Nasdaq 100 futures were down 0.05 percent at 3,699.5.
U.S. stock index futures were little changed on Friday. Dow Jones industrial average futures were down 0.04 percent at 16,266, S&P 500 futures were down 0.13 percent at 1,851.5 and Nasdaq 100 futures were down 0.09 percent at 3,698.
* Asks Russia's Central Bank to review the case (Adds details, comments, context, updates shares)
MOSCOW, Jan 22 - Heavily-indebted Russian miner Mechel disclosed on Wednesday details of easier borrowing terms it agreed with banks in late 2013 designed to give it some breathing space to turn itself around.
MOSCOW, Dec 31 - Loss-making Russian coal miner and steelmaker Mechel has appointed Oleg Korzhov, its senior vice-president for economics and management, as chief executive replacing Evgeny Mikhel, who had been CEO since 2010.
MOSCOW, Dec 30 - The board of loss-making Russian coal miner and steelmaker Mechel will discuss the early resignation of the company's chief executive at a meeting on Monday, Mechel said in a regulatory statement.
- New World Resources Fighting Hard To Keep A Recovery In Play
- Mechel ADR Arbitrage: New York-Listed ADRs More Than 20% Higher Than Moscow-Listed Shares
- Mechel's CEO Discusses Q3 2013 Results - Earnings Call Transcript
- Q2 2013 Mechel Oao Earnings Conference call (Webcast)
- Mechel Offers A Spin Of The Met Coal Roulette Wheel
- Why Mechel (MTL) Shares Are Falling
- Mechel Reports Decision of Extraordinary Shareholder Meeting
- Mechel Reports Successful First Tests of New Coal Export Terminal at Trade Port Posiet
- Mechel Reports 2013 Operational Results
- Mechel Reports Oleg Korzhov's Appointment as Company's Chief Executive Officer
- Mechel Announces Closing Deal on Disposal of Several Ferroalloy Assets
- Mechel Reports the First Half and Nine Months 2013 Financial Results
- Mechel Reports Signing Agreements With Sberbank for Restructuring Part of Mechel OAO Debt to Sberbank (25.5 BLN Rubles)
- Mechel Announces 2013 First Half and Nine Months Financial Results Conference Call and Internet Broadcast
- Mechel Agreed on Covenant Holidays With Sberbank
- Mechel Agreed on Covenant Holidays With VTB Bank