All Posts Tagged With: "BHP"
(BHP) BHP Billiton – ADR – Bear of the Day
We downgrade our recommendation on BHP Billiton Ltd. – ADR (BHP) from Neutral to Underperform based on declining industrial demand on the back of sluggish economic growth in Europe and U.S. Other headwinds include competition from peers, upsurge in oil prices and rising...
21Dec2011 | vitalstocks | 0 comments | Continued(BHP) Court Piles Taxes on Vale
A week ago, Australian lower house has announced the approval of tax on profit for coal and iron ore mining. The news came as a blow to BHP Billiton Ltd. (BHP), Rio Tinto plc (RIO), Xstrata and other iron-ore and coal miners operating in Australia. These companies have to bear...
8Dec2011 | vitalstocks | 0 comments | Continued(GM) Steel Industry Stock Outlook – November 2011 – Industry Outlook
Overview The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products...
29Nov2011 | vitalstocks | 0 comments | Continued(CHK) Shale Gas Development Pushed as Cleaner and Cheaper
The Obama Administration has set its eyes on developing domestic shale gas (natural gas trapped within dense rock formations) from sources such as the vast Marcellus Shale, which stretches from New York to Virginia. Besides being significantly cheaper than crude oil, reliance...
24Nov2011 | vitalstocks | 0 comments | Continued(BHP) U.S. Natural Gas Price Forecast
by David Fessler, Investment U Senior Analyst Tuesday, November 15, 2011: Issue #1643 Most natural gas drillers have been scrambling to reposition their drill rigs over oil-rich acreage… And why not? With oil once again hovering near the $100-a-barrel mark, you can hardly blame...
22Nov2011 | InvestmentU | 0 comments | Continued(CHK) The Bakken isn’t the Only Big Shale Oil Play
by David Fessler, Investment U Senior Analyst Friday, November 11, 2011 A few days ago, I wrote about the incredible growth in the liquid portion of North Dakota’s Bakken formation. If you want the short version, read on. The Bakken is an oil- and natural gas-rich formation...
15Nov2011 | InvestmentU | 0 comments | Continued(BHP) Mining Companies Driving Bullish Sentiment in Australia
by Justin Dove, Investment U Research Thursday, September 15, 2011 As precious metal and rare earth prices remain high, so do the margins for mining companies. Thus, companies such as BHP Billiton (NYSE: BHP) and Lynas Corp. (OTC: LYSCF.PK) stand to spend plenty on increasing...
19Sep2011 | InvestmentU | 0 comments | Continued(BGS) 17 Rare Earth Elements? The Number is Actually 52
by David Fessler, Investment U Senior Analyst Thursday, September 15, 2011 At least according to a new list published by the British Geological Survey (BGS). These include the standard list of 17 Rare Earth Elements, 97% of which are produced in China. However, the list also...
19Sep2011 | InvestmentU | 0 comments | Continued(BHP) Rio Tinto Sales Up – Misses Estimate
Rio Tinto plc. (RIO) has reported financial results for the first half of 2011. Net earnings attributable to ADR holders of Rio Tinto during the period were $7,587 million, up 30% year over year from $5,845 million reported in the first half of 2010. Earnings per ADR were $3.87,...
5Aug2011 | vitalstocks | 0 comments | Continued(BHP) Company News for July 18, 2011 – Corporate Summary
• BHP Billiton Ltd. (NYSE:BHP) said it will be acquiring Petrohawk Energy Corporation (NYSE:HK) for $12.1 billion • Investor Carl Icahn offered to buy Clorox Corporation (NYSE:CLX) for $12.6 billion. Shareholders of Clorox are to get $76.50 per share in cash under...
18Jul2011 | vitalstocks | 0 comments | Continued(MDR) McDermott International Secures SURF Deal
The Australian unit of McDermott International Inc. (MDR) has won a deepwater offshore contract for the Macedon Gas Project in Western Australia. Per the terms of the deal, the company would be involved in engineering and construction of the project along with structural transportation...
11Jul2011 | vitalstocks | 0 comments | Continued(VALE) VALE S.A. Strengthens Logistics
Vale S.A. (VALE) recently announced that the company’s new giant bulk carriers will be manufactured in China and South Korea as the domestic market is already working at full capacity. The company has booked 19 Valemaxes and already received delivery of one carrier. The Brazilian...
7Jul2011 | vitalstocks | 0 comments | Continued(BHP) BHP Billiton – ADS- Bull of the Day
BHP Billiton (BHP) is a diversified resource company with operations around the globe. Over the longer term, we view the economic recovery and ongoing industrialization in the emerging markets quite positively, as it is expected to improve the demand and price of the company’s...
6Jul2011 | vitalstocks | 0 comments | Continued(AA) Alcoa & Saudi Arabian Mining Company, Ma’aden Secure $1 Billion Loan
Saudi Arabian Mining Company, Ma’aden and Alcoa Inc. (AA) have secured $1 billion loan from Public Investment Funds (PIF) for phase II of aluminum project in Saudi Arabia. The loan amount will finance the Ma’aden Bauxite and Alumina Company, which is owned 74.9% by...
5Jul2011 | vitalstocks | 0 comments | Continued(GM) Steel Stock Review & Outlook – June 2011 – Industry Outlook
The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include...
28Jun2011 | vitalstocks | 0 comments | Continued(AA) Alcoa Wins $1 Billion Contract
Alcoa Inc. (AA) the largest U.S. aluminum producer was awarded a $1 billion multiyear supply agreement with aerospace firm Airbus for aluminum sheet and plate products. As per the agreement, Alcoa’s products will be used in nearly all Airbus commercial aircraft programs including...
27Jun2011 | vitalstocks | 0 comments | Continued(BHP) BHP Billiton Limited Invests Further in Canada
BHP Billiton Limited (BHP) has approved another investment of $488 million to support the development of the Jansen Potash Project in Saskatchewan, Canada. The funding will help in supporting the project’s feasibility study related to preparation and procurement of long lead...
26Jun2011 | vitalstocks | 0 comments | Continued(BHP) RIO Tinto Announced Plans to Acquire Riversdale Mining
Rio Tinto plc (RIO) announced that it plans to acquire the remaining stake in Riversdale Mining Limited. by exercising its right under section 661A (1) of the Australian Corporations Act. Currently, the company has a 99.76% stake in Riversdale through its wholly owned subsidiary...
26Jun2011 | vitalstocks | 0 comments | Continued(SID) Rio Tinto to Buy Tata’s Riversdale Stake
Recently, Rio Tinto plc (RIO) received a nod from the Indian Steel major Tata Steel to buy 26% stake in its coal mining company, Riversdale in an open offer of AUD 16.5 per share, or roughly $17.36 per share. The deal is valued at $1.1 billion. The deal is expected to give Rio...
23Jun2011 | vitalstocks | 0 comments | Continued(VALE) Rio Tinto Plc Ups Stake in Ivanhoe
Rio Tinto Plc. (RIO) announced that it is exercising remaining warrants of Ivanhoe Mines Ltd (Ivanhoe) to acquire 55.1 million shares for $502 million or $9.10 per share. Subsequent to the acquisition, the company will increase its holdings in Ivanhoe to 46.5%, up from 42%. Rio...
22Jun2011 | vitalstocks | 0 comments | Continued(AA) Alcoa in Joint Venture
Alcoa Inc.(AA) the largest U.S. aluminum producer, signed a memorandum with JSC Holding Inter-regional Distribution Grid Companies (JSC Holding IDGC), OJSC RUSNANO to set up a joint venture to develop and produce nano-coatings. The new JV project will manufacture anti-icing nano-coatings...
21Jun2011 | vitalstocks | 0 comments | Continued(AA) Alcoa Re-aligns for China
Alcoa Inc. (AA) stated that the company’s Asia-Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization, which is part of an initiative to support the expanding footprint of Alcoa’s three business groups in...
19Jun2011 | vitalstocks | 0 comments | Continued(ABX) Barrick Gold Moves into Copper Mining
by Tony D’Altorio, Investment U Research Friday, April 29, 2011 Barrick Gold (NYSE: ABX) is the world’s largest gold producer. Last year, it mined net profits of $3.3 billion, but it wants more… So it recently surprised the market with a $7.6-billion bid for Canadian-Australian...
3May2011 | InvestmentU | 0 comments | Continued(CHK) Chesapeake Energy Tops on Higher Volume
Natural gas provider, Chesapeake Energy Corp. (CHK) reported sharper-than-expected adjusted first quarter 2011 earnings of 75 cents per share, striding ahead of the Zacks Consensus Estimate of 70 cents. The outperformance came on the back of a 20% expansion in production volumes....
3May2011 | vitalstocks | 0 comments | Continued(AA) Alcoa Sells $1.25 Billion Notes
Alcoa Inc. (AA), the largest U.S. aluminum producer, has planned to raise capital by issuing public notes of $1.25 billion. The company expects net proceeds of more than $1.24 billion from the sale of these 5.40% notes due April 15, 2021. The transaction is expected to close...
18Apr2011 | vitalstocks | 0 comments | Continued(AA) Alcoa Quarterly Earnings Beat by a Penny
Alcoa Inc. (AA) the largest U.S. aluminum producer has kicked off another earnings season with its first quarter posting an EPS of 28 cents and exceeding the Zacks Consensus Estimate by a penny. This excludes the negative impact of special items or 1 cent per share, including...
13Apr2011 | vitalstocks | 0 comments | Continued(AA) Company News for April 12, 2011 – Corporate Summary
• Level 3 Communications (NASDAQ:LVLT) and Global Crossing Limited (NASDAQ:GLBC) have entered into a agreement under which Level 3 will acquire Global Crossing in a stock-for-stock transaction • Endo Pharmaceuticals’ (NASDAQ:ENDP) said that it would buy urological...
12Apr2011 | vitalstocks | 0 comments | Continued(CHK) Chesapeake Energy Closes BHP Transaction
Chesapeake Energy Corporation (CHK) announced that it has closed the transaction to divest its interests to BHP Billiton Petroleum, a wholly owned subsidiary of BHP Billiton Limited (BHP). The divested interests are in about 487,000 net acres of leasehold and producing natural...
3Apr2011 | vitalstocks | 0 comments | Continued(MT) Steel Industry Outlook – March 2011 – Industry Outlook
The global Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s largest steel company, with projected crude steel production of 90.6 million tons in 2011. Steel products can be...
24Mar2011 | vitalstocks | 0 comments | Continued(AMAT) Stock Market News for February 23, 2011 – Market News
The fear gauge Volatility Index (VIX) surged to its highest level since May last year and benchmark indices suffered sharp declines on Tuesday. Unrest in the Middle East and North Africa continued as immediately after the overthrow of leaders in Egypt and Tunisia, demonstrators...
23Feb2011 | vitalstocks | 0 comments | Continued