Ciner Resources LP
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Materials : Chemicals | Small Cap Value
Company profile

Ciner Resources LP, through its subsidiary, Ciner Wyoming LLC (Ciner Wyoming), produces soda ash and serves a global market from its facility in the Green River Basin of Wyoming. The Company processes trona ore into soda ash, a raw material in flat glass, container glass, detergents, chemicals, paper and other consumer and industrial products. As of December 31, 2016, its Green River Basin surface operations were situated on approximately 880 acres in Wyoming, and the Company's mining operations included approximately 23,500 acres of leased and licensed subsurface mining area. The Company's mining leases and license are located in two mining beds, designated by the United States Geological Survey as beds 24 and 25, at depths of 800 to 1100 feet, respectively, below the surface. The Company uses a continuous mining technique to mine trona and roof bolt the ceiling simultaneously. The Company's soda ash is shipped by rail or truck from its Green River Basin operations.

Closing Price
Day's Change
0.25 (2.15%)
B/A Size
Day's High
Day's Low

10-day average volume:

UnitedHealth's stock surges to pace the Dow's gainers after Deutsche Bank upgrade

9:48 am ET March 20, 2020 (MarketWatch)

Shares of UnitedHealth Group Inc. (UNH) shot up 4.6% in morning trading Friday, enough to pace the Dow Jones Industrial Average's gainers, after Deutsche Bank analyst George Hill turned bullish on the health care provider, citing the "low level" of company specific risk related to the COVID-19 pandemic. Hill raised his rating to buy from hold, but lowered his price target to $308 from $362, citing expectations of lowered earnings outlooks for managed care organizations given COVID-19-related costs and potential changes to U.S. health care coverage. "In short, we see the potential for mid-single digit negative EPS revisions to the large MCOs in the next 12 months in what we call the severe flu scenario," Hill wrote in a note to clients. "Given the low level of company specific risk we see, high quality and broad diversification, we are taking this opportunity to upgrade [UnitedHealth] shares to buy." UnitedHealth's stock has lost 23.9% over the past month, while the SPDR Health Care Select Sector ETF (XLV) has declined 21.3% and the Dow has dropped 31.7%.

-Tomi Kilgore; 415-439-6400;

(END) Dow Jones Newswires

March 20, 2020 09:48 ET (13:48 GMT)

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