- Associated Press•17 minutes ago
The Rio De Janeiro-based company said it had net income of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 19 cents per share. The results topped Wall Street expectations. The average ...
- Reuters•44 minutes ago
Brazilian miner Vale SA on Thursday reported third quarter net profit of $575 million, as the world's largest producer of iron ore returned to profit after a hefty loss during the same quarter last year. The result marks Vale's third quarterly profit in a row, a sign the miner may be through the worst of the downturn following a torrid 2015 in which it posted the worst loss in its history due to falling commodity prices and heavy investment in new projects. Net profit was down 48 percent from the second quarter, and below analyst estimates of $758.9 million, with Vale citing a weakening Brazilian currency against the dollar which caused a $379 million non-cash loss.
- Bloomberg•3 hours ago
Vale SA reported earnings that beat analysts’ estimates as the world’s biggest iron-ore miner benefits from lower costs, higher prices and record production.
Vale S.A. (VALE)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||6.84 x 2000|
|Ask||6.88 x 100|
|Day's Range||6.63 - 6.95|
|52wk Range||2.13 - 6.95|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-3.77|
|Avg Vol (3m)||24,636,941|
|Dividend & Yield||0.00 (0.00%)|