- Barrons.com•3 hours ago
Shares of Brazilian mining giant Vale (VALE) are up more than 2% today after it reported a rise in iron ore production. Dow Jones Newswires reports that the stock was upgraded to Outperform from Market Perform by analysts at Itau BBA and explains the stock movement: Vale's third quarter iron-ore production rose 1.5% year-over-year, above expectations. Here's the take from analysts at AB, formerly Alliance Bernstein: "Iron ore production was up 6.1% QoQ but flat YoY (including Samarco, while excluding Samarco production is up 1.5%) though still beat our estimates for the quarter (+3.5% vs. Bernstein).
- Market Realist•8 hours ago
After starting the day on a lighter note, copper prices stayed weaker on October 19. China's economic data didn't support the prices.
Rio Tinto plc (RIO)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||32.44 x 600|
|Ask||32.45 x 3400|
|Day's Range||31.89 - 32.59|
|52wk Range||21.89 - 38.66|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||1,474.09|
|Avg Vol (3m)||3,561,018|
|Dividend & Yield||1.51 (4.65%)|