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Stock Market & Financial Investment News

News Breaks
June 3, 2014
07:05 EDTRIORio Tinto free cash flow yield poised to jump, says Bernstein
After iron ore prices fell significantly recently, Bernstein says that even under the most bearish price scenario, Rio Tinto's free cash flow yield should jump 76%. The firm reiterates an Outperform rating on the stock.
News For RIO From The Last 14 Days
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July 16, 2014
05:15 EDTRIORio Tinto raises FY14 thermal coal production outlook to 17.5M tonnes
The company's previous thermal coal production guidance was 16.7M tons. This follows a change in the production profile to produce additional higher margin thermal coal from a processing plant by-product stream at Hail Creek. As a result of this change and lower than expected production during the ramp up at Kestrel, Australian hard coking coal production has decreased to 7.4M tonnes, previously 8.2M tonnes. Semi-soft coking coal production guidance remains unchanged at 3M tonnes.Rio Tinto’s share of uranium production across Rössing and ERA in 2014 is expected to be between 4.3M-5.1M pounds. This follows operational changes at Rössing in response to current market conditions. Progression to full processing capacity at ERA is anticipated in Q3. Reference Link
05:11 EDTRIORio Tinto reports Q2 global iron ore production up 11% to 73.1M tons
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July 15, 2014
20:05 EDTRIORio Tinto iron ore output rose 10% in first half of year, WSJ reports
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July 8, 2014
10:28 EDTRIOOn The Fly: Analyst Upgrade Summary
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05:23 EDTRIORio Tinto upgraded to Overweight from Equal Weight at Barclays
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