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Ferroglobe PLC (GSM.OQ)

GSM.OQ on NASDAQ Stock Exchange Global Select Market

15.09USD
17 Nov 2017
Change (% chg)

$0.25 (+1.68%)
Prev Close
$14.84
Open
$14.83
Day's High
$15.09
Day's Low
$14.78
Volume
144,137
Avg. Vol
183,828
52-wk High
$16.48
52-wk Low
$8.54

Latest Key Developments (Source: Significant Developments)

Ferroglobe reports Q2 earnings per share of $0.02
Tuesday, 29 Aug 2017 07:44pm EDT 

Aug 29 (Reuters) - Ferroglobe Plc :Ferroglobe reports results for second quarter 2017.Q2 earnings per share $0.02.Q2 revenue $425.8 million versus I/B/E/S view $434 million.Q2 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.05.  Full Article

Ferroglobe confirms United States Department of Commerce’S preliminary determinations imposing subsidy duties against imports of silicon metal
Wednesday, 9 Aug 2017 06:27am EDT 

Aug 9 (Reuters) - Ferroglobe Plc :Ferroglobe confirms United States Department of Commerce’S preliminary determinations imposing subsidy duties against imports of silicon metal.Ferroglobe PLC - co "‍welcomes" Department of Commerce's preliminary determinations imposing countervailing duties on silicon metal imports.  Full Article

Ferroglobe says did not get regulatory approvals to divest certain non-core assets in Spain
Wednesday, 26 Jul 2017 11:59am EDT 

July 26 (Reuters) - Ferroglobe Plc ::Ferroglobe update on sale of hydro-electric assets in Spain.Has not received necessary regulatory approvals from Entidade Pública Empresarial Augas de Galicia to divest certain non-core assets.Has seen a positive momentum in sales volumes and a favorable development in average sales prices since end of Q1 2017​.Will explore all options, including alternatives to gain formal approval for divestiture of non-core assets.‍"Management remains positive about outlook of financial results in coming quarters​".Continued to realize average sales prices greater than current index prices, generated strong operating cash flows since end of Q1 2017​.The non-core assets being divested are attributable to hydro-electric power operations of co's energy division in Spain.  Full Article

Ferroglobe says CEO Pedro Larrea Paguaga to be appointed to Board
Friday, 2 Jun 2017 11:59am EDT 

June 2 (Reuters) - Ferroglobe PLC ::Director Tomás García Madrid resigns; replaced by Manuel Garrido y Ruano; Chief Executive Officer Pedro Larrea Paguaga to be appointed to the Board.To appoint Larrea Paguaga as additional director, co to amend articles of association to increase maximum number of directors from 9 to 10.  Full Article

Ferroglobe says confirms its Executive Chairman Javier López Madrid questioned by an investigating court in Madrid
Monday, 24 Apr 2017 09:02am EDT 

April 24 (Reuters) - Ferroglobe Plc :Ferroglobe plc - confirms that its executive chairman, javier lópez madrid, has been questioned by an investigating court in madrid.Ferroglobe plc - lópez madrid was a non-executive director of ohl at time of alleged payment and remains a non-executive director of ohl.Ferroglobe plc - lópez madrid denies allegations against him and intends to defend himself.Says board of ferroglobe has reviewed developments and all available information in this legal proceeding.Ferroglobe plc- the allegations do not involve ferroglobe or lópez madrid's actions on behalf of ferroglobe.Ferroglobe - executive chairman questioned in relation to alleged payment in 2007 of eur 1.4 million by obrascón huarte lain, s.a..Ferroglobe plc - no charges have been brought against executive chairman javier lópez madrid.  Full Article

Ferroglobe reports Q2 loss per share $0.25
Thursday, 25 Aug 2016 08:30pm EDT 

Ferroglobe PLC : Ferroglobe reports results for second quarter 2016 . Q2 loss per share $0.25 . Q2 revenue $398 million versus I/B/E/S view $437.7 million . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Q2 adjusted loss per share $0.01 .Board has decided to maintain quarterly interim dividend of $0.08 per share.  Full Article

Ferroglobe Q1 loss per share $0.15
Wednesday, 18 May 2016 07:46pm EDT 

Ferroglobe Plc : "for silicon metal, we expect these low prices to persist for most of remainder of 2016" . Expects to deliver at least announced $65 million of annualized run rate synergies by end of 2016 . Ferroglobe reports results for first quarter 2016, its first quarter as a newly combined company . Says Q1 2016 revenue of $423.5 mln, down from pro forma $543 mln in Q1 2015 . Q1 loss per share $0.15 . Q1 revenue $423.5 million . Q1 revenue view $192.8 million -- Thomson Reuters I/B/E/S . Q1 earnings per share view $0.12 -- Thomson Reuters I/B/E/S .Q1 adjusted loss per share $0.04.  Full Article

BRIEF-Ferroglobe reports Q2 earnings per share of $0.02

* Q2 earnings per share view $0.01 -- Thomson Reuters I/B/E/S