Hira Ferro Alloys is in the business of manufacturing ferro alloys – mainly silico manganese. They are used as intermediates in manufacturing steel, acting as deoxidant and alloying agents.
The company recently acquired an 8.5mw biomass power plant as a going concern. Apart from servicing their ferro alloys business, they intend to scale up sales of [...]
On September 24, 2010, the Ferro Corporation Board of Directors unanimously voted to elect Timothy K. Pistell as a director of the Company, effective immediately, to fill the vacancy on the Board created by Dennis W. Sullivan's retirement from the Board.
Mr. Pistell, age 63, will serve with the class of directors with a term that ends at the 2011 Annual Meeting of Shareholders. Mr. Pistell has been appointed to serve on the Audit Committee.
Mr. Pistell currently serves as the Executive...
In a recent 13G filing made with the SEC, Bruce Kovner's Caxton Associates revealed their 5.2% ownership stake in Ferro (FOE). As of the date of the filing, they owned 2,276,526 shares. Previously, in their most recent 13F filing, they only owned 245,944 shares. So, as you can see, Caxton has significantly upped their stake in the company. You can view Caxton's most recent portfolio holdings here.
Caxton Associates is ran by Bruce Kovner. Kovner's bio is as follows: "Kovner's first...
Ferro Corporation is finding profits overseas as demand for its specialty chemical products stays strong. First quarter sales jumped 15% to a company record. The company has a forward P/E of 12.29.Company ProfileFerro Corporation (FOE) is a specialty chemical manufacturer with manufacturing operations in 20 countries and customers in 100 countries worldwide.FOE is one of [...]
I sold the two speculative stocks that I had in my portfolio last week. EWH - the Hong Kong Index - was sold a mere 2 days after it was first purchased. I sold it at a loss of about 4% (at $23.10). As it was a speculative position and I was investing in an unknown, my stop loss was very low. I am happy that I got out soon as EWH has kept dropping - today it is at $21.14.
Net net, with the gains in VWO last month and the loss in EWH this month, I made roughly 7% in a month and a half on 25K....
WEST PALM BEACH, FL (HEDGECO.NET) - The Alternative Asset Manager, Ferro Capital has been named as the 2004 �Best Specialist Provider of Hedge Fund Investments� for Germany, by the Euromoney latestprivate banking survey just unveiled. The survey was carried out through a comprehensive questionnaire as well as peer assessments from private banks and institutions according [...]
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