Morning tidbits

Global markets are rebounding a little bit today. Norsk Hydro is retreating mildly as full ramp-up of Qatalum joint venture project is delayed further. Outokumpu disappointed investors once again after writedowns will push Q2 result sharply negative. Write-downs are also speculated to weigh in on Renewable Energy Corporation's Q2 result. The company is trading below the investment cost of Singapore plant. This is not atypical for companies in the field as of this time though.