CEF Holdings's Warren Gilman said expectations of an increase in Rio Tinto's dividend were overdone and the dividend cut was inevitable.» Read More
Some of the names on the move ahead of the open.
Asia stocks ended mixed in quiet trade on Wednesday following a sharp rally on Wall Street and higher oil prices.
European markets closed lower on Friday as the sharp rally from the day before lost steam and investors remained cautious on the price of oil.
European equities closed mixed on Thursday as investors eyed the continued rout in oil prices and other commodities.
European markets ended mixed to slightly lower on Wednesday as investors tried to digest what was happening with commodities.
Weak November China export data support Wall Street's prediction of more weakness ahead in China's economy.
European equities ended sharply in negative territory after a volatile day for oil prices and miners.
Mining stocks suffered from relentless selling on Tuesday, with Anglo American tumbling over 11 percent to a fresh record low.
European equities closed lower on Friday as investors reacted to sharp falls in China's stock markets.
As India embarks on an aggressive drive to revamp its ailing infrastructure, Asia's third-largest economy may emerge as bright spot for iron ore.
India's push to attract FDI has scored some wins but infrastructure and red tape are still an issue, business leaders tell CNBC.
Nov 17- Coal and iron ore producer Cliffs Natural Resources Inc said it would temporarily halt operations and cut 450 jobs at its Northshore iron ore mine in Minnesota by Dec. 1, aiming to lower costs at a time when miners battle weak prices and demand. Cliffs has already temporarily idled operations at its United Taconite mine in Minnesota in August and said on...
Nov 17- Coal and iron ore producer Cliffs Natural Resources Inc said it would temporarily halt all operations at its Northshore iron ore mine in Minnesota by Dec. 1, aiming to reduce costs at a time when miners are hit by weak prices and low demand. The company, which has previously idled the United Taconite mine, said it will continue to operate the Hibbing Taconite...
Nov 17- Coal and iron ore producer Cliffs Natural Resources Inc said it would temporarily halt all operations at two iron ore projects in Minnesota by Dec. 1, aiming to reduce costs at a time when miners are hit by weak prices and low demand. The company, which has previously idled the United Taconite mine, said it will continue to operate the Hibbing Taconite mine in...
Asian shares rebounded from the prior day's sell-off, as investors take heart from the rally on Wall Street.
Asian stocks were battered on Friday, amid sharp falls in commodity prices and growing expectations that the Fed will hike rates next month.
Asian stocks mostly edged up on Wednesday following fresh economic data from China that largely met expectations.
Asian stocks outside China and Japan mostly retreated on Monday, following below-view trade figures released at the weekend from China.
Asian shares traded mixed on Friday, as investors awaited the release of U.S. jobs data that could provide hints to when the Fed will raise interest rates.
Asian stocks put up a mixed performance on Thursday, as increasing odds of a U.S. interest-rate rise in December sapped risk appetite.