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252 Resources for

bhp billiton and rio tinto

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Rio Tinto to lay off 14,000 worldwide
COPPERTON -- Mining goliath Rio Tinto Group, parent company of Kennecott Utah Copper, said Wednesday that it plans to reduce its net debt by $10 billion by the end of 2009 and cut 14,000 jobs worldwide. "We will have to identify some jobs for reductions. There will be...
Tags: BHP Billiton, Kennecott Utah Copper Corp., Rio Tinto
Research articles 2008-12-11
MINERS' MERGER MANIA
Such are the rewards offered by the global commodities boom that miners will pay almost any price to acquire their rivals. Cliff Feltham reports on yet more consolidation in the sector Few expect the platinum producer Lonmin to escape the clutches of Xstrata, which last week stormed...
Tags: BHP Billiton, Lonmin Plc., Rio Tinto
Research articles 2008-08-12
BHP in deal with China to raise iron ore price
BHP Billiton has almost doubled the price it charges for iron ore, after a deal brokered with Chinese steel producers following lengthy and sometimes bitter negotiations. Chinese State officials said yesterday that they had agreed to a 96.5 per cent increase in iron ore prices charged by the...
Tags: Australian Stock Exchange Ltd., BHP Billiton, Rio Tinto
Research articles 2008-07-05
London
WORLD MARKETS The FTSE 100 slid 1.5 per cent to end its worst week since early February as miners and oil shares weighed, though Cable & Wireless rose on upbeat broker views. The blue-chip gauge closed down 94.3 points at 6,087.3, for a weekly loss of 3.4 per...
Tags: BHP Billiton, Cable & Wireless Plc., Rio Tinto
Research articles 2008-05-24
London
WORLD MARKETS The FTSE 100 closed 2.9 per cent lower - down 184.9 points at 6,191.6 - for its biggest one-day fall since mid-March, as investors dumped overheated mining stocks. Antofagasta, BHP Billiton, Rio Tinto, Anglo American, Xstrata, Vedanta Resources, Kazakhmys, Lonmin and ENRC lost between 4.5 and...
Tags: Antofagasta Plc., BHP Billiton, Lonmin Plc., Rio Tinto, Xstrata Plc.
Research articles 2008-05-21
Zacks Analyst Blog Highlights: BHP Billiton, Rio Tinto, D.R. Horton, Inspire Pharmaceuticals and Allergan Pharmaceuticals
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: BHP Billiton Ltd. (NYSE: BHP), Rio Tinto (NYSE: RTP), D.R. Horton,...
Tags: Allergan Inc., BHP Billiton, D.R. Horton Inc., New York Stock Exchange, Rio Tinto
Research articles 2008-05-14
London
WORLD MARKETS The FTSE 100 fell 0.5 per cent as growth concerns hit commodity shares, but beaten-down banks recovered earlier losses. The index declined 32.9 to 6,050.7, after earlier falling 2.2 per cent. BHP Billiton, Rio Tinto, Anglo American, Eurasian Natural Resources, Xstrata, Antofagasta and Lonmin were down...
Tags: Antofagasta Plc., BHP Billiton, Lonmin Plc., Rio Tinto, Xstrata Plc.
Research articles 2008-04-25
London
WORLD MARKETS The FTSE 100 ended up sharply, powered by miners that were led higher by takeover target Kazakhmys, which rose 16 per cent. The blue-chip index closed up 86 at 5,776.4, shrugging off Alistair Darling's first Budget. BHP Billiton, Rio Tinto, Anglo American, Xstrata, Lonmin and Vedanta...
Tags: BHP Billiton, Lonmin Plc., Rio Tinto, Xstrata Plc.
Research articles 2008-03-13
Selloff: Rio Tinto Sheds Mining Properties as it Fights Billiton's Takeover Bid
Within the space of three weeks in February, two well-known precious metals producers announced that they were buying out their long-term partner in gold- and silver-mining operations in deals that ranged from $750 million to almost $1.7 billion in value. The selling partner in both cases was Rio Tinto, which...
Tags: Barrick Gold Corp., BHP Billiton, Hecla Mining Co., Rio Tinto
Research articles 2008-03-01
London
WORLD MARKETS The FTSE 100 fell 0.7 per cent to 5,888.5 as miners weighed, but Lloyds TSB rose on higher dividends and lifted smaller rival Alliance & Leicester. Miners were the biggest drag, tracking weaker base metal prices. BHP Billiton, Rio Tinto, Anglo American, Vedanta Resources and Antofagasta...
Tags: Alliance & Leicester Plc., Antofagasta Plc., BHP Billiton, Rio Tinto
Research articles 2008-02-23
Chinese raid on Rio Tinto lifts miners' prospects
Market Report Miners dominated a buoyant market yesterday as the Chinese, in one swift dawn manoeuvre, cast their shad-ow on BHP Billiton's pros- pective bid for Rio Tinto and sparked off talk about alternative targets. If BHP cannot acquire Rio, it may, some speculated, turn elsewhere, to South...
Tags: BHP Billiton, Lonmin Plc., Rio Tinto
Research articles 2008-02-02
WORLD MARKETS
London The FTSE 100 fell in volatile trade, racking up its third successive day of losses as commodity shares were hit by fears of a US recession. The blue-chip index shed 0.7 per cent to 5,902.4. Miners were the worst hit: BHP Billiton, Rio Tinto, Anglo American, Kazakhmys,...
Tags: BHP Billiton, Lonmin Plc., Rio Tinto, Xstrata Plc.
Research articles 2008-01-18
WORLD MARKETS
London The FTSE 100 edged higher, closing up 0.3 per cent at 6,356.5. Miners were the top performers as gold surged to a record high. Rio Tinto, BHP Billiton, Anglo American, Lonmin and Kazakhmys were up between 1.6 and 3.7 per cent. Investors also piled into pharmaceuticals. GlaxoSmith-Kline...
Tags: AstraZeneca Plc., BHP Billiton, Lonmin Plc., Rio Tinto
Research articles 2008-01-09
Miners in pole position at end of volatile year
By Nick Clark It has been a volatile year for the London markets, which brought euphoria and despair in equal measure, with the miners set to take the plaudits when the dust settles on New Year's Day. With only two trading days remaining before the end...
Tags: BHP Billiton, Northern Rock Plc., Rio Tinto
Research articles 2007-12-28
Branson exploits Rock embarrassment
OUTLOOK Are Sir Richard Branson and other members of the Virgin consortium getting a steal in the proposals announced yesterday for Northern Rock? It's complicated, but I suspect they probably are. Take for starters the 250m valuation the deal puts on Virgin Money, Sir Richard's existing...
Tags: BHP Billiton, Northern Rock Plc., Rio Tinto
Research articles 2007-11-27
FTSE surrenders early gains.
Mining stocks and banks retreat from early highs Jonas Crosland Leading shares relinquished early gains, as investor enthusiasm for mining and banking stocks started to dissipate, so that by lunchtime, the FTSE100 index was down 1.0 points at 6,261.1. Mid-cap stocks were still showing...
Tags: BHP Billiton, FTSE, Northern Rock Plc., Rio Tinto
Research articles 2007-11-26
Limited options for Mervyn King on rates
OUTLOOK At 2.1 per cent, Britain's inflation rate for October was as close to target as it is possible to get without actually hitting it. Yet it was higher than the previous month's 1.8 per cent and also a bit higher than the City was expecting. If the...
Tags: Bank of England, BHP Billiton, Northern Rock Plc., Rio Tinto
Research articles 2007-11-14
WORLD MARKETS
London The FTSE 100 gained 0.5 per cent, boosted by Standard Life - up 6.5 per cent - and the banks. Copper miner Antofagasta shed 6 per cent as copper prices dropped nearly 1 per cent, while Anglo American fell 4.5 per cent. Takeover target Rio Tinto rose...
Tags: Antofagasta Plc., BHP Billiton, FTSE, Rio Tinto
Research articles 2007-11-13
BHP Billiton digs in for the long haul
OUTLOOK Marius Kloppers, the chief executive of BHP Billiton, says he's prepared to be "patient" in pursuit of the Rio Tinto bid prize. He'll need to be, because, even on his own admission, the proposal is going to take 9 to 12 months to get through regulators. It...
Tags: BHP Billiton, Northern Rock Plc., Rio Tinto
Research articles 2007-11-13
Banks drive FTSE higher.
Standard Life helps gains Jonathan Eley London shares rose on Monday as a rally in the banking sector and gains for Standard Life after it refused to up its offer for Resolution drove gains, FT.com reports. The FTSE 100 was 0.8 per cent stronger...
Tags: BHP Billiton, FTSE, Northern Rock Plc., Resolution, Rio Tinto
Research articles 2007-11-12