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Stock Market & Financial Investment News

News Breaks
November 28, 2012
18:05 EDTRIORio Tinto is continuing its drive for further cost reductions
Rio Tinto's planned spending on exploration and evaluation projects will be reduced by $1B over the remainder of 2012 and 2013. Capital expenditure on approved and sustaining projects will taper off from current levels in 2013sustaining capital expenditure will reduce by more than $1B next year.
News For RIO From The Last 14 Days
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April 21, 2015
10:01 EDTRIOOn The Fly: Analyst Downgrade Summary
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05:37 EDTRIORio Tinto downgraded to Equal Weight from Overweight at Barclays
Barclays downgraded Rio Tinto to Equal Weight following the company's Q1 results.
05:37 EDTRIORio Tinto backs FY15 production of 43M tonnes of bauxite, 8M tonnes of alumina
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05:35 EDTRIORio Tinto reports Q1 global iron ore shipments up 9% to 72.5M tonnes
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April 17, 2015
05:57 EDTRIORio Tinto CEO expects to thrive on iron ore production, The Guardian reports
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April 13, 2015
10:00 EDTRIOOn The Fly: Analyst Downgrade Summary
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08:07 EDTRIORio Tinto management to meet with JPMorgan
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05:33 EDTRIORio Tinto downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Rio Tinto to Neutral after lowering its iron ore price expectations.
April 10, 2015
06:58 EDTRIOBHP, Rio Tinto confirm tax probes, deny allegations, WSJ reports
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April 8, 2015
06:59 EDTRIOAustralia treasurer would block merger between Rio Tinto, Glencore, AFR says
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April 7, 2015
06:00 EDTRIOBHP and Rio accused of avoiding billions of dollars in tax, News.com.au says
The Australian Tax Office has mining giants BHP Billiton (BHP) and Rio Tinto (RIO) in its sights over claims that the companies may have avoided paying billions of dollars in tax during the mining boom, reports News.com.au. Citing the Australian Financial Review, the companies have been channeling billions of dollars in profits from Australian iron ore sales through companies that pay no tax in Singapore, a method that has occurred for nearly a decade. Reference Link

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