|Bid||57.45 x 1800|
|Ask||58.90 x 1400|
|Day's Range||57.38 - 58.05|
|52 Week Range||43.19 - 58.05|
|Beta (3Y Monthly)||0.31|
|PE Ratio (TTM)||28.26|
|Forward Dividend & Yield||2.36 (4.13%)|
|1y Target Est||49.77|
Australia’s ASX 200 lost 0.26% today. The index remained in a downward momentum within a narrow range today. 58 stocks in the index gained while 131 fell today. Among the sectors, industrials, healthcare, and basic materials were the only gainers today.
NAI Partners, a Houston-based commercial real estate services firm, has entered into a deal of its own, setting up the company’s move into a larger office space later this year. NAI Partners has signed a lease for a full floor at the Four Oaks Place office complex in the Uptown/Galleria area. NAI Partners’ new headquarters at 1360 Post Oak Blvd., commonly called BHP Billiton Tower, will be about a half mile from its current location at 1900 West Loop South.
Australia’s ASX200 lost marginally today. Although the index was trading higher until noon, it erased those gains afterward. 70 stocks gained, while 118 fell. BHP Group (BHP) outperformed the index with marginal gains, while Rio Tinto (RIO) gained 0.64%.
Australia’s ASX200 recovered today after a loss on Friday. After losing 0.55% on Friday, the index rose 0.22% today. Out of 200 stocks in the index, 83 advanced, while 103 retreated. 14 stayed unchanged today. BHP Group (BHP) and Rio Tinto (RIO) were among the gainers, while News Corp (NWSA) lost 1.29% on the Australian Stock Exchange today.
How do you pick the next stock to invest in? One way would be to spend hours of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
On June 19, Australia’s ASX200 posted its second consecutive gain. The index rose 1.2% and closed at a fresh 11-year high of 6,648.10. The index is inching towards its lifetime high of 6,851.5.
Following anticipation of supply crunch from the world's two largest iron ore exporters, Brazil and Australia, iron ore prices are trending above $100 per ton, at levels last seen in 2014.
Tighter environmental controls are pushing Chinese mills to go for higher-quality imported ore as opposed to domestic ore. Seaborne iron ore exporters including Vale (VALE), BHP Billiton (BHP), and Rio Tinto (RIO) generate more than two-thirds of the total seaborne iron ore supply.
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.
Anglo American Plc, BHP Group Plc and AngloGold Ashanti Ltd. have contributed most to this year’s 28% advance for the sector. “We have seen a recovery in commodity prices, and that is positive for the share prices of mining companies, and the rand has also been weaker, which is helpful as the companies sell in dollars,” said Izak van Niekerk, a money manager at Mergence Investment Managers in Cape Town.
Global miners BHP Group, Anglo American Plc and Glencore Plc revealed details on tailings dams, months after ethical investors sought the information following a second deadly dam disaster in Brazil. BHP, which operates 67 tailings facilities, said on Friday it has set up a tailings taskforce to further improve its focus on internal dam management and boost safety. The world's biggest miner added that a review undertaken to assess the management of tailings facilities following the 2015 Samarco disaster, which killed 19 people, had identified no immediate concerns regarding dam integrity.
LONDON/CONAKRY, June 5 (Reuters) - The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares its railway, banking and industry sources said. Guinea's aspirations to develop Simandou, the world's largest known untapped iron ore deposit, have foundered because of the cost of infrastructure and protracted legal disputes.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
Rare earth element stocks have been in the spotlight recently after China threatened to cut of U.S. supply as the trade war ramps up. On Tuesday , CCTV reported a “relevant official” from China’s National ...
Trade wars are wealth destroyers. The longer these disputes continue and the more actions governments take, the greater the danger of severe damage to the economy and stock market, explains Roger Conrad, global investing expert and editor of Conrad's Utility Investor.
Canada's Nutrien Ltd , the world's biggest producer of potash fertilizer, said on Tuesday that it was evaluating whether to expand its annual production capacity by 5 million tonnes after 2023, around the time that metals miner BHP Billiton is considering a move into potash. In a presentation to investors in Toronto, Chief Executive Chuck Magro said the additional capacity would consist of expansions to existing Canadian mines during the next decade. Nutrien currently has some 5 million tonnes of idled potash capacity due to soft prices in recent years.
Canada's Nutrien Ltd , the world's biggest producer of potash fertilizer, said on Tuesday that it was evaluating whether to expand its annual production capacity by 5 million tonnes after 2023, around ...
Why Iron Ore Prices Are Bucking the Downtrend in Metals PricesIron ore pricesAs we discussed in Why Iron Ore Prices Could Have more Upside after Breaching $100, iron ore supply tightness and continued strong demand from China have driven iron ore
Is the Worst Behind Vale? BAML Upgrades the Stock to a 'Buy'(Continued from Prior Part)A slew of downgrades for Vale since JanuaryVale (VALE) has seen a lot of analyst downgrades since the dam tragedy struck in late January. A slew of downgrades
Neuberger Berman Group is an independent, employee-owned investment manager that was a part of Lehman Brothers. It was formed way back in 1939, and now it offers offices to its clients across 35 cities around the world. The firm manages fixed income, hedge fund portfolios, and equities for its clients, which include wealthy individuals, global […]