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Stock Market & Financial Investment News

News Breaks
May 19, 2014
06:12 EDTRIORio Tinto nearing Simandou deal, Guardian reports
Rio Tinto is poised to ink a long-awaited investment agreement for the stalled $20B Simandou iron ore project in Guinea later this month, the Guardian reports, citing comments made by CEO Sam Walsh. The project will include a railway to carry iron ore from the Simandou mountain range to a deep-water port. Reference Link
News For RIO From The Last 14 Days
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February 11, 2016
13:13 EDTRIORio Tinto downgraded to Neutral from Buy at Citi
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07:20 EDTRIORio Tinto CEO sees mining pressure extending to majors, Bloomberg says
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05:53 EDTRIORio Tinto halts progressive dividend policy due to market uncertainty
With the continuing uncertain market outlook, the board believes that maintaining the current progressive dividend policy would constrain the business and act against shareholders' long-term interests. The company is therefore replacing the progressive dividend policy with a more flexible approach that will allow the distribution of returns reflect better the company's position and outlook. For 2016, Rio Tinto intends that the full year dividend will not be less than $1.10 per share.
05:52 EDTRIORio Tinto to cut operating costs by further $1B in 2016 followed by $1B in 2017
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February 4, 2016
11:21 EDTRIOOptions with increasing call volume; FMC HST XME RIO BHP PAY DNDK BSX ALLY SWFT

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