Rio Tinto says it's on track to meet FY iron ore shipment guidance from its Australian mines, underscoring robust Chinese demand. » Read More
Yield-seekers beware, there are dangers lurking in Australia's dividend exchange-traded funds (ETFs), Goldman Sachs has warned.
CEF Holdings's Warren Gilman said expectations of an increase in Rio Tinto's dividend were overdone and the dividend cut was inevitable.
European stocks ended sharply lower on Thursday, as bank and commodity stocks sold off and investors remained jittery over the global economy's health.
Some of the names on the move ahead of the open.
U.S. stock futures were tanking this morning, extending Wednesday's late-session sell-off.
Miners are under pressure to curb spending to help them weather the worst market conditions in nearly two decades.
Rio Tinto is financially more stable than its rivals and has the capacity to increase dividends, says Gaurav Sodhi from Intelligent Investor.
European markets ended mixed on Thursday, as a rally in mining stocks tried to offset concerns surrounding growth, earnings and oil.
European equities closed firmly in the red on Wednesday; as a sharp rise in oil prices failed to relieve stress from the markets.
European markets tumbled to close sharply lower on Tuesday, as concerns over oil prices haunted traders and investors worldwide.
European markets posted strong gains on Tuesday, on the back of a sharp rebound in oil prices and a rally in mining stocks.
European markets finished in negative territory on Monday as a renewed slip in oil prices weighed on investor sentiment.
Beaten down metals prices may find some support as China's raw-materials dependent sectors begin to show some modest improvement, Goldman Sachs said.
European stocks closed sharply higher on Friday, buoyed by a recovery in oil prices and dovish remarks from the ECB.
U.S. stock futures were sharply higher this morning, after Chinese stocks gained 3.2 percent overnight, on data that showed China's economy grew in-line with expectations.
Rio Tinto reported an 11 percent rise in annual iron ore shipments, roughly in line with its full-year guidance of 340 million tons.
Markets finished sharply lower Thursday, as corporate earnings weighed on sentiment and investors struggled to find solace in the oil price pick up.
European equities came off session highs to close mixed on Wednesday, amid renewed pressure on oil prices and a lower trading session in the U.S.
European equities gained on Tuesday, despite continued wariness surrounding low oil prices and China's economic slowdown.
European stocks closed lower Monday, as investors failed to shake off concerns over commodities and China.