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November 26, 2012
13:19 EDTVALENickel rallies after surplus estimates reduced, Bloomberg says
Nickel, which as been the "worst-performing metal" in 2012, is rallying after surplus estimates have been cut, says Bloomberg. Brazil based Vale (VALE) is the second largest producer of nickel, added Bloomberg. Reference Link
News For VALE From The Last 14 Days
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July 31, 2015
06:21 EDTVALEVale CEO sees nickel prices increasing in 2H15, Reuters reports
Vale CEO Murilo Pinto de Oliveira Ferreira says he expects nickel prices will improve in the second half of 2015, Reuters reports. The executive commented that the company has made up most of its cash-flow deficit with asset sales, and the company has not made a decision about whether it will move forward with an IPO of its base metals unit. Reference Link
05:47 EDTVALEStocks with implied volatility movement; KORS VALE
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July 30, 2015
06:36 EDTVALEVale reports Q2 underlying EPS 19c vs. 38c last year
Reports Q2 gross operating revenue revenue $7.08B vs. $10.08B last year and $726M in Q1, as a result of higher sales volumes and better price realizations in spite of lower iron ore and nickel reference prices. Reports Q2 adjusted EBITDA $2.21B, mainly as a result of lower costs and higher sales volumes in most business segments.
July 28, 2015
16:00 EDTVALEOptions Update; July 28, 2015
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