Nickel

OAO GMK Norilsk Nickel has posted a higher than expected earnings for the first quarter yesterday.  The company’s sales fell 27% to $10.2bn. Its net income was $2.65 billion as compared with a $555 million loss in 2008.
The Norilsk’s biggest revenue generator is nickel.  This metal was the best-performing commodity in 2009 which has beaten […]

OAO GMK Norilsk Nickel has posted a higher than expected earnings for the first quarter yesterday.  The company’s sales fell 27% to $10.2bn. Its net income was $2.65 billion as compared with a $555 million loss in 2008.

The Norilsk’s biggest revenue generator is nickel.  This metal was the best-performing commodity in 2009 which has beaten 23 other futures in the Standard & Poor’s GSCI index, with a gain of 61%.

Click here to access the entire news

Featured

MARKETS

Markets
TSX20286.20+88.59
TSXV700.66-1.43
DOW31928.62+48.38
S&P 5003941.48-32.27
NASD11264.45-270.83
ASX7148.90+3.30

COMMODITIES

Commodities
Gold1867.46+13.79
Silver22.13+0.39
Copper4.310.00
Palladium2009.50+24.50
Platinum958.50+5.50
Oil110.40+0.63
Heating Oil3.67+0.01
Natural Gas8.89+0.09

DOWNLOAD FREE REPORTS

×