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Stock Market & Financial Investment News

News Breaks
August 6, 2014
06:30 EDTRIO, SBMRYSABMiller appoints Jan du Plessis as next chairman
SABMiller (SBMRY) announced that Jan du Plessis has agreed to join the SABMiller board as an independent non-executive director with effect from September 1. The board of SABMiller intends to appoint du Plessis as Chairman in succession to John Manser at the conclusion of the annual general meeting in July 2015, when Manser will, as previously intimated, retire from the board, having deferred his previously expected retirement date for one year. This will allow for an appropriate period of familiarisation and handover, and facilitate orderly succession planning. du Plessis will also join the Nomination Committee with effect from September 1. du Plessis is chairman of Rio Tinto plc (RIO) and Rio Tinto Limited, having been appointed to that role in 2009, following his appointment as a director in 2008.
News For SBMRY;RIO From The Last 14 Days
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July 23, 2015
15:29 EDTSBMRYDiageo drops nearly 5% following WSJ report of excess inventory shipments
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06:50 EDTSBMRYSABMiller reports Q1 group NPR up 3%
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July 21, 2015
10:01 EDTSBMRYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ASML (ASML) upgraded to Accumulate from Neutral at SNS Securities... Anacor (ANAC) upgraded to Buy from Neutral at Goldman... Artisan Partners (APAM) upgraded to Outperform from Neutral at Credit Suisse... Canadian National (CNI) upgraded to Buy from Hold at Canaccord... General Mills (GIS) upgraded to Outperform from Sector Perform at RBC Capital... Halliburton (HAL) upgraded to Accumulate from Neutral at Global Hunter... Harte-Hanks (HHS) upgraded to Outperform from Market Perform at BMO Capital... MDC Partners (MDCA) upgraded to Overweight from Neutral at Piper Jaffray... SABMiller (SBMRY) upgraded to Buy from Neutral at Nomura... Sanmina (SANM) upgraded to Neutral from Underperform at Longbow... Santander Mexico (BSMX) upgraded to Neutral from Sell at Goldman... Sherwin-Williams (SHW) upgraded to Buy from Neutral at Northcoast... Southwestern Energy (SWN) upgraded to Buy from Neutral at Global Hunter... Verisk Analytics (VRSK) assumed with an Outperform at Keefe Bruyette.
05:25 EDTSBMRYSABMiller upgraded to Buy from Neutral at Nomura
Nomura upgraded SABMiller to Buy citing an attractive risk/reward following the recent underperformance of shares.
July 15, 2015
19:06 EDTRIORio Tinto cuts FY15 global iron ore shipments to 340M tonnes due to weather
"Due to the weather disruption in 1H, anticipated [iron ore] shipments were reduced by around 7M tonnes. Accordingly, Rio Tinto now expects FY15 global [iron ore] shipments of 340M tonnes -- 100% basis -- from its operations in Australia and Canada," said the company. Backs FY15 bauxite production 43M tonnes, alumina production 8M tonnes, aluminium production 3.3M tonnes. Sees share of refined copper production 190,000-220,000 tonnes. Sees share of mined copper production 500,000-535,000 tonnes. Sees share of thermal coal production 18M-19M tonnes. Sees 3M-3.4M tonnes of semi-soft coking coal, 7.1M-8.1M tonnes of hard coking coal. Cuts expected titanium dioxide slag production to 1.2M tonnes from 1.3M. Sees share of diamond production 20M carats. Sees share of uranium production 5M pounds, at the lower range of previous guidance.
18:55 EDTRIORio Tinto reports Bauxite production up 5%
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18:47 EDTRIORio Tinto reports Q2 global iron ore shipments up 8% to 81.4M tonnes
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