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Stock Market & Financial Investment News

News Breaks
March 11, 2013
13:48 EDTVALEVale suspends implementation of Rio Colorado project
Vale S.A.informs that it communicated today to the Argentinean government that is suspending the implementation of the Rio Colorado project, in Argentina, as in the current macroeconomic environment the economics of the project are not in line with Vale’s commitment to discipline in capital allocation and value creation. In case of resuming the implementation, preference will be given to the project’s current employees. Vale will keep honoring the commitments related to the concessions and searching alternatives that enhance the economics of the project, to then evaluate its resumption.
News For VALE From The Last 14 Days
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June 17, 2013
07:13 EDTVALEVale: China slowdown helped by Brazil currency depreciation, Bloomberg reports
Brazil’s Vale (VALE) said further local currency depreciation could counter cost rises and a slowdown in Chinese iron-ore demand as it seeks to regain market share from Rio Tinto (RIO) and BHP Billiton (BHP), reports Bloomberg.Reference Link
06:14 EDTVALEOn the Fly: Periodicals Wrap-Up
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June 11, 2013
07:26 EDTVALEBofA/Merrill to host a conference
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June 7, 2013
10:11 EDTVALEOn The Fly: Analyst Upgrade Summary
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06:51 EDTVALEVale upgraded to Outperform from Underperform at Bernstein
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