New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
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
Subscribe for More Information
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.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use