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Stock Market & Financial Investment News

News Breaks
January 30, 2013
06:13 EDTXSRAY, VALE, GLNCY, AAUKY, BHP, RIOMining, steel firms face $50B in write downs for takeovers, Bloomberg reports
Major mining and steel companies worldwide have wiped about $50B off project valuations in the past year and that's expected to continue this earnings season as managers review expensive takeovers, reports Bloomberg Anglo American (AAUKY), Vale (VALE) and Rio Tinto (RIO) led the write downs. Glencore International (GLNCY) may write down some nickel and copper assets acquired through its takeover of Xstrata (XSRAY), Liberum Capital has said. BHP Billiton (BHP) may reduce aluminum operation valuations, according to Goldman Sachs Group and Sanford C. Bernstein. Reference Link
News For AAUKY;VALE;RIO;GLNCY;XSRAY;BHP From The Last 14 Days
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November 20, 2014
06:01 EDTBHPBHP Chairman Nasser says demerger 'good' for investors, Daily Telegraph reports
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November 18, 2014
13:28 EDTBHP, RIO, VALEIron ore, steel stocks lower after iron ore prices, China home prices decline
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November 16, 2014
17:50 EDTVALEVale's iron-ore head departs as price collapse continues, Bloomberg says
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November 12, 2014
05:59 EDTBHPBHP Billiton says Nickel West to remain in portfolio as non-core asset
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November 9, 2014
13:10 EDTRIORio Tinto CEO defends iron-ore expansion moves, WSJ says
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