The chance of BHP Billiton making another attempt to take over rival Rio Tinto soon after a bid ban expires later this month is low, analysts said on Tuesday.
Monday, 16 Nov 2009 | Source: The Associated Press
European steel makers called Monday on EU antitrust regulators to block a joint venture between the world's No. 2 and No. 3 iron ore miners, BHP Billiton Ltd. and Rio Tinto PLC, that they claimed could hike prices for iron ore.
Miner BHP Billiton is considering more joint ventures like its 50-50 iron ore deal with Rio Tinto as it seeks to increase production while keeping costs under control.
Believe it or not, the economy will recover. Cramer’s good news, which he shares in his new book, Getting Back to Even, is that “sooner is actually a whole lot more likely than later.” If that’s the case, then investors should know how to play it. Luckily for them, Cramer pulled together 12 stocks that he thinks will most benefit from an economic rebound. Check out the slide show to find out which market bellwethers made the cut.
We know it seems like the Fast Money moves at the speed of light. So we thought you’d appreciate it if we slowed things down a bit. Here you’ll find Fast Money’s Slow Money trades – stocks the traders would buy and hold for the next five years!
Wednesday, 15 Jul 2009 | Source: The Associated Press
Annual iron ore price negotiations are "definitely not over," a negotiator for the China Iron and Steel Association told the Caijing financial news organisation, but acknowledged that some mills had agreed to a 33% cut as reported earlier.
Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meaeting.
Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meeting.
Futures pointed to a lower open for Wall Street Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Federal Reserve may raise rates at its next meeting.
Nearly 80 percent of S&P companies have beat earnings expectations—is this due to low earnings estimates or is it a sign that the recovery is real? Michael Cuggino, president and portfolio manager at Permanent Portfolio Funds, and Tyler Dann, senior research analyst at Invesco Aim, shared their ideas... Read More