Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), a leading integrated manufacturer of titanium dioxide pigment, today announced that it has signed a definitive agreement to acquire the TiZir Titanium and Iron ("TTI") business from Eramet S.A., a publicly traded French multinational mining and metallurgy company, for approximately $300 million. TiZir's TTI facility, located in Tyssedal, Norway, upgrades ilmenite to produce high-grade titanium slag and high-purity pig iron with an annual capacity of approximately 230,000 tons and 90,000 tons, respectively.
Ladies and gentlemen, thank you for standing by, and welcome to the Tronox Holdings plc first-quarter earnings call. On our call today are Jeff Quinn, chairman and chief executive officer; Jean-Francois Turgeon, chief operating officer; John Romano, chief commercial and strategy officer; and Tim Carlson, chief financial officer.
Moody's Investors Service, ("Moody's") assigned Ba3 rating to the new $400 million senior secured five year notes issued by Tronox Incorporated and guaranteed by Tronox Holdings plc ("Tronox"). .... Gtd.
First Quarter 2020 Financial Highlights:
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
Tronox (TROX) delivered earnings and revenue surprises of 26.09% and 0.00%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), provided an investor update in light of the current global pandemic, to emphasize the strength of the Company's cash flow, balance sheet and sources of liquidity.
There's been a major selloff in Tronox Holdings plc (NYSE:TROX) shares in the week since it released its annual...
Out-of-studio recordings continue from cast, crew's homes
Tronox's (TROX) first-quarter TiO2 sales were boosted by contributions from the acquired operations of Cristal.
Investors need to pay close attention to Tronox (TROX) stock based on the movements in the options market lately.
Moody's Investors Service, ("Moody's") affirmed the ratings on existing Tronox Holdings Plc's (Tronox) subsidiaries ratings and changed the outlook to stable from positive. The Ba3 ratings on the senior secured bank debt and B3 ratings on the senior unsecured notes are also affirmed and the outlook changed to stable from positive. Ratings on Tronox Limited are being WR at this time and replaced with ratings assigned to Tronox Holdings PLC associated with the company's re-domicile to the UK.
TROX earnings call for the period ending March 31, 2020.
Tronox Holdings plc (NYSE: TROX; the "Company") today announced that Tronox Incorporated (the "Issuer"), a wholly owned subsidiary of the Company, has priced its offering of $500 million aggregate principal amount of 6.500 percent Senior Secured Notes due 2025 (the "Notes"). The offering was made to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The closing of the offering is anticipated to take place on or about May 1, 2020, subject to customary closing conditions. The Notes were offered at par and will bear interest semiannually at a rate equal to 6.500 percent. The Notes will be fully and unconditionally guaranteed on a senior, secured basis by Tronox Holdings plc and certain of its subsidiaries.
Tronox Holdings plc (NYSE: TROX) ("Tronox" or the "Company"), today announced that Tronox Incorporated (the "Issuer"), a wholly owned subsidiary of the Company, intends to offer, subject to market and other considerations, senior secured notes due 2025 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The Company expects to use the net proceeds from this offering for general corporate purposes, including the repayment of existing indebtedness, capital expenditures, strategic investments and transactions, working capital and other business opportunities.
Here Is What Hedge Funds Bought And Sold In The Q1 Chaos: Full 13F Summary Tyler Durden Sat, 05/16/2020 - 13:00 Amid a selling panic that at times surpassed the liquidation observed during both the financial crisis and the great depression, hedge funds …
Moody's Investors Service, ("Moody's") affirmed the ratings on existing Tronox Holdings Plc's (Tronox) subsidiaries ratings and changed the outlook to stable from positive. The Ba3 ratings on the senior secured bank debt and B3 ratings on the senior unsecured notes are also affirmed and the outlook changed to stable from positive. Ratings on Tronox Limited are being WR at this time and replaced with ratings assigned to Tronox Holdings PLC associated with the company's re-domicile to the UK.
Tronox Holdings plc (TROX) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
Tronox (TROX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Emporia began springing back to life as many businesses were finally able to open their doors to customers.
Companies In The News Are: TROX, MRNA, PLNT and PG
Metal-maker stocks exploded higher on Wednesday, with shares of aluminum producers Alcoa (NYSE: AA) and Century Aluminum (NASDAQ: CENX) climbing 11.4% and 10.7%, respectively, while titanium producer Tronox (NYSE: TROX) closed 10.3% higher. The aluminum producers' rise is easier to explain than Tronox's jump. Bloomberg reported today that China, historically a large aluminum exporter and the source of about 50% of all aluminum produced globally, is shifting into import mode.
Moody's Investors Service, ("Moody's") assigned Ba3 rating to the new $400 million senior secured five year notes issued by Tronox Incorporated and guaranteed by Tronox Holdings plc ("Tronox"). .... Gtd.
Tronox (TROX) delivered earnings and revenue surprises of 26.09% and 0.00%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
STAMFORD, Conn. (AP) — Tronox Holdings plc (TROX) on Wednesday reported first-quarter net income of $32 million, after reporting a loss in the same period a year earlier.
Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]