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Stock Market & Financial Investment News

News Breaks
March 21, 2014
07:27 EDTRIORio sees fossil fuels 'here to stay' but wants cleaner technology, Guardian says
Rio Tinto’s head of energy, Harry Kenyon-Slaney, believes any solution to climate change must recognize the ongoing significant role of fossil fuels, which are "here to stay," and has demanded more investment in research for cleaner technologies for carbon capture and storage, reported The Guardian. Reference Link
News For RIO From The Last 14 Days
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December 21, 2014
19:22 EDTRIOFalling commodity prices, valuations may spur rebound in mining deals, FT says
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December 18, 2014
06:52 EDTRIOVale attempt to dismiss Rio Tinto suit rejected, WSJ says
Vale's (VALE) attempt to have a lawsuit filed against it by Rio Tinto (RIO) was rejected by U.S. Southern District of New York Judge Richard M. Berman, reports the Wall Street Journal. Judge Berman also rejected Vale's argument that the case should be tried in an English court, the Journal adds. Reference Link
December 15, 2014
09:31 EDTRIORio, BHP looking to raise copper output, Reuters says
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07:36 EDTRIORio Tinto shares look undervalued, says Bernstein
After iron ore prices sank 48% this year, Bernstein thinks that Rio Tinto would be resilient even if iron ore prices dropped much further. The firm believes that the market is applying a significant discount to the stock, making the shares undervalued. It has a $63.20 price target and Outperform rating on the shares.

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