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?
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.
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.
Argentina's labor ministry blocked Vale SA (ADR) (NYSE:VALE)from firing or laying off workers for 30 days while the mediation take place for the suspended Rio Colorado fertilizer project in Argentina's Mendoza province due to soaring costs.
... 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).
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.
Vale SA (ADR)(NYSE:VALE) shares fell 0.05% to $15.82. The company, on April 1, informs that its Executive Boardhas approved and will submit to the Board of Directors the proposal for payment of the first installment of the minimum dividendof US$ 2.250 ...
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 ...
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