|Bid||51.87 x 800|
|Ask||53.40 x 2200|
|Day's Range||52.22 - 53.20|
|52 Week Range||43.10 - 54.73|
|Beta (3Y Monthly)||0.43|
|PE Ratio (TTM)||25.51|
|Forward Dividend & Yield||2.36 (4.40%)|
|1y Target Est||49.77|
BHP Group (ASX:BHP), a large-cap worth AU$176b, comes to mind for investors seeking a strong and reliable stock investment. One reason being its ‘too big to fail’ aura which givesRead More...
China’s February Trade Data Compounded Slowdown Fears(Continued from Prior Part)China’s February copper importsPreviously in this series, we discussed China’s February steel and aluminum exports. However, copper is a different story. China
Moody’s Downgrade and Potential Fines Weaken Vale’s Outlook(Continued from Prior Part)Huge fine awaits ValeThe Wall Street Journal reported on March 1 that Vale (VALE) could face $7 billion worth of fines in connection with the audit of the
Moody’s Downgrade and Potential Fines Weaken Vale’s OutlookVale’s dam burstVale’s (VALE) problems only seem to be compounding at the moment after the collapse of its dam in Brazil. On January 25, a dam ruptured at its iron ore mine in
Rio Tinto Beats 2018 Estimates and Declares Special Dividend(Continued from Prior Part)Analysts’ ratings for Rio Tinto Of the 16 analysts covering Rio Tinto (RIO) stock, 37.5% have given it “buys,” 43.8% have given it “holds,” and
Rio Tinto Beats 2018 Estimates and Declares Special DividendRio Tinto’s 2018 results beat consensus Rio Tinto (RIO) released its 2018 results on February 27. Its EPS of $5.12 beat consensus estimates by 5%, and its revenues of $40.5 billion were
Freeport Looks Solid as Long-Awaited Supply Disruption HitsFreeport Freeport-McMoRan (FCX), the leading US-based copper miner, has been strong this year. The stock has seen upwards price action of 27.5% so far in the year based on its closing prices
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Since BHP Group (ASX:BHP) released its earnings in June 2018,Read More...
The retailer earned an adjusted $1.41 per share for the fourth quarter, beating estimates by 8 cents a share. Revenue also beat Wall Street forecasts. U.S. comparable-store sales rose 4.2 percent, topping the Refinitiv consensus of a 3.2 percent increase.
Freeport-McMoRan: Party Continues as Chinese Copper Imports SurgeChinese copper imports Freeport-McMoRan (FCX) surged 6.9% yesterday, boosted by an upgrade from Morgan Stanley to “overweight.” The financial services company lowered its price
Why Freeport-McMoRan Is Surging TodayFreeport-McMoRan Freeport-McMoRan (FCX), the leading US-based copper miner (XME), is trading with gains of 5.5% as of 11:55 AM EST. Southern Copper (SCCO) and First Quantum Minerals (FM) have gained 1.6% and 1.4%,
The outlook for mining companies is still upbeat even if economic growth slows, although it pays to be choosy, according to Goldman Sachs.
BHP (BHP) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Q4 Earnings: Why Cleveland-Cliffs’ Upside Could Be Far from Over(Continued from Prior Part)Vale’s dam burst On January 25, a major disaster struck Vale (VALE) when a dam ruptured at its iron ore mine in the state of Minas Gerais in Brazil (EWZ)
Iron ore, once a very keenly traded bulk commodity, has been quite boring for the past year, as prices in 2018 averaged between $60-$70 a ton -- closing at around $71 a ton, down around 3.5% for the year. Today, the price of iron ore has jumped to a two-year high above $90 a ton after Vale, the world's top producer of the raw material used to make steel, was ordered to stop production at its mines following a horrific dam collapse in Brazil last month. Iron ore is up 20% so far this year and is one of the best performers in the commodity spectrum.
Will Iron Ore Breach $100 in the Wake of Vale's Dam Collapse?(Continued from Prior Part)Iron ore’s price upside As we discussed earlier in this series, the clampdown on Vale (VALE) is just getting started. There could be repercussions on the
Will Iron Ore Breach $100 in the Wake of Vale's Dam Collapse?(Continued from Prior Part)Vale’s loss is its peers’ gain The clampdown on Vale (VALE) stock is expected to continue. It’s been spiraling downward since the dam disaster struck. From
Will Iron Ore Breach $100 in the Wake of Vale's Dam Collapse?Vale’s dam burst Following Vale’s (VALE) dam collapse on January 25, iron ore prices have been rising. On February 7, prices reached nearly a two-year high. On January 30, Vale
Vale: More Issues after the Dam DisasterVale’s dam disaster On January 25, another disaster struck Vale (VALE) when a dam ruptured at its iron ore mine in Brazil’s (EWZ) Minas Gerais state. The collapse killed 150 people. Nearly 200 people are
"In 2018 we invested $12 billion of organic capital, underpinned by continued gains in execution performance, great delivery from the team and thereby creating the space for the BHP transaction," BP Upstream CEO Bernard Looney said. This proved overly cautious," J.P. Morgan analyst Christyan F. Malek said. The high cost of the deal did raise questions shortly after its close, as the closure on November 1 saw oil prices on the WTI crude decline from around $67 per barrel to around $40 per barrel on Christmas Eve.
Want to help shape the future of investing tools? Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued Read More...
Why Is Cleveland-Cliffs Stock Soaring More than 15% Today?Cleveland-Cliffs stock is soaringCleveland-Cliffs (CLF) stock has been soaring today. At 11:00 AM EST, the stock was up more than 15%. The major driver of this climb seems to be a spike in