Goldman Sachs downgrades Rio Tinto plc (NYSE: RTP) from Hold to Sell citing problematic debt and forecasted losses in the aluminum division for the next two years.
The firm also said there is risk Rio Tinto’s deal with China’s Chinalco (NYSE: ACH) isn’t approved after Australian lawmakers moved to vote for an inquiry into last month’s $19.5 billion funding deal amid growing criticism..
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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