TMR: Given the copper shortage, will senior companies like Teck Resources Ltd. (TCK:NYSE; TCK.A:TSX) and Vale S.A. (VALE:NYSE) go looking for new deposits or do you see more merger and acquisition activity?
Today in pre-market trading session, Shares of Ford Motor Company (NYSE:F) are up 0.38 percent to $13.38. With efforts to reduce costs and expenses, Vale SA (ADR) (NYSE:VALE) posted a higher-than-expected result, but in line with market consensus.
Vale SA (ADR)(NYSE:VALE) shares dropped 1.90% to $16.01. The company, on April 24, said that first quarter net profit fell 18 percent from a year earlier, beating expectations.
Vale SA (ADR)(NYSE:VALE)'s second quarter profit fell 18 percent in the first quarter due to lower sales and impact from higher taxes and currency fluctuations.
... issues a special report on Vale SA (ADR) (NYSE:VALE), Molycorp Inc (NYSE:MCP), Cliffs Natural Resources Inc (NYSE:CLF), Alpha Natural Resources, Inc. (NYSE:ANR).
Some of the companies that could be targets are BHP Billiton plc (ADR) (NYSE:BBL) down 15 percent YTD; Rio Tinto plc (ADR) (NYSE:RIO) down 23 percent YTD; Vale SA (ADR) (NYSE:VALE) down 23 percent; and the best one, Cliffs Natural Resources Inc ...
These stocks are Cameco Corporation (USA) (NYSE:CCJ), Teck Resources Ltd (USA) (NYSE:TCK), Rio Tinto plc (ADR) (NYSE:RIO), Vale SA (ADR) (NYSE:VALE), and BHP Billiton plc (ADR) (NYSE:BBL). This group of stocks are in the industrial metals ...
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