Minerals Technologies Inc
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Materials : Chemicals | Small Cap Blend
Company profile

Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services around the world. It operates through four segments. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), mines mineral ores, and processes and sells natural mineral products, primarily limestone and talc. The Performance Materials segment is a supplier of bentonite and bentonite-related products to industrial and consumer markets globally. The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment. The Energy Services segment offers a range of services to improve the production, costs, compliance and environmental impact of activities performed in the oil and gas industry.


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Nio stock rockets toward a record after October deliveries double

8:41 am ET November 2, 2020 (MarketWatch)

Tomi Kilgore

EV maker delivers more than 5,000 vehicles in October, a monthly record

Shares of Nio Inc. soared toward a record Monday, after the China-based electrical vehicle maker reported October deliveries that doubled to a monthly record of more than 5,000 vehicles.

The stock (NIO) shot up 12.3% in active premarket trading, putting them on track to open well-above the Oct. 29 record close of $31.99.

Nio reported overnight that it delivered 5,055 vehicles in October, up 100.1% from the same period a year ago, and a new monthly record.

The deliveries included 2,695 of its 5-seater premium smart electric sport utility vehicle (SUV), the ES6, and 1,477 of its 6-seater and 7-seater flagship premium smart electric SUV, the ES8.

The company also delivered 883 of its 5-seater electric coupe SUV, the EC6.

So far in 2020, Nio has delivered 31,430 vehicles, up 111.4% from the same period a year ago.

Nio's stock has skyrocketed 660.7% year to date through Friday. In comparison, shares of U.S.-based rival Tesla Inc. (TSLA) have run up 363.8%, while the iShares MSCI China exchange-traded fund (MCHI) has climbed 21.3% and the S&P 500 index has gained 1.2%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 02, 2020 08:41 ET (13:41 GMT)

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