|August 30, 2012|
|11:42 EDT||BHP||BHP Billiton puts active on China economic growth concerns|
BHP Billiton September 62 and 65 puts are active on total put volume of 11K contracts (2K calls). September and November put option implied volatility is at 31, January is at 34; compared to its 26-week average of 32 according to Track Data. Active put volume suggests traders taking positions for larger price movement on concerns China's copper consumption will slow.
News For BHP From The Last 14 Days
Check below for free stories on BHP the last two weeks.
|June 17, 2013|
|08:22 EDT||BHP||Mining companies draw new regulator scrutiny, Bloomberg reports|
Until now mining companies have been relatively free of political scrutiny. But world leaders, gathering in Northern Ireland for the Group of Eight summit beginning today, have mining transactions and companies in their cross hairs. They are proposing tighter oversight by requiring companies to disclose all payments made to foreign governments, reports Bloomberg.Reference Link
|07:13 EDT||BHP||Vale: China slowdown helped by Brazil currency depreciation, Bloomberg reports|
Brazilís Vale (VALE) said further local currency depreciation could counter cost rises and a slowdown in Chinese iron-ore demand as it seeks to regain market share from Rio Tinto (RIO) and BHP Billiton (BHP), reports Bloomberg.Reference Link
|06:14 EDT||BHP||On the Fly: Periodicals Wrap-Up|
Subscribe for More Information
|June 14, 2013|
|05:45 EDT||BHP||Coal exports fall on Asian oversupply, WSJ reports|
Coal exports are slowing, reports the Wall Street Journal. In a troubling sign for U.S. coal producers, shipments fell 31% in April from March driven largely by an oversupply in Asia for metallurgical coal used in steel making. As a result, U.S. producers are now at a further disadvantage to overseas competitors because weakening metallurgical-coal prices are making high-cost U.S. production less profitable for export.Reference Link