Vale SA ADR
NYSE: VALE
$9.81
-$0.02 (-0.2%)
Closing Price on November 15, 2024
VALE Articles
All three major US indexes opened higher this morning, but enthusiasm tapered off quickly and steadily, if not sharply. A drop in the number of new home sales and a smaller-than-expected rise in the...
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Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. Automatic Data Processing, Inc. (NYSE: ADP)...
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It seems that all of the nations around the world are facing sovereign credit ratings downgrades or warnings of downgrades. After the United States lost its prized “AAA” rating, the threat of...
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Investors appear to have lost faith in mining stocks, sending share prices down steadily throughout the year. Both iron ore and copper prices are down nearly 20% since the beginning of the month, and...
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While Peabody Energy Corp. (NYSE: BTU) and ArcelorMittal (NYSE: MT) haven’t been pursuing Australia’s Macarthur Coal Ltd. (OTC: MACDF) for more than a few months, the deal never really looked...
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When rare earth minerals miner Molycorp Inc. (NYSE: MCP) re-opened California’s Mountain Pass mine last year, the focus was on a variety of minerals known as the “light” rare earths. These...
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Prospects for the global economy are currently as dark or darker than they’ve been since the financial crisis began three years ago. Consumers and investors likely see either another recession or...
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At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in...
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An organization called the International Nickel Study Group is projecting a 60,000 metric ton surplus of nickel by the end of 2011, compared with a shortage of 30,000 metric tons at the end of 2010....
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Consulting firm Pricewaterhouse Coopers has released its annual review of the mining industry, claiming that “the financial results for the Top 40 [companies] were spectacular.” That’s pretty...
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Vale SA (NYSE: VALE), one of the world’s leading producers of iron ore posted record profit in the first quarter of $6.8 billion. Even discounting a one-time gain on the sale of $1.5 billion in...
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Today’s report on commodities begins with some sobering news from Chinese steel makers and some roaring news from a maker of heavy equipment. Lumber prices remain low, but arabica coffee beans are...
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It’s 4:00 pm and time for our daily look at commodity prices and news. Today’s biggest upside move in ag products came in cotton, up about 3.5%, while wool was up about 2.5%. The biggest downside...
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Some of the largest steelmakers in the world have been hoping to see a fall in the price of iron ore, but such a decline does not appear to be on the horizon. A combination of a new pricing scheme,...
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