|Day Low/High||41.83 / 42.31|
|52 Wk Low/High||26.95 / 47.11|
European stocks were mixed Tuesday as London's blue chip benchmark set a new record while indices on the Continent were hit by losses at the region's big automakers.
Rio Tinto returned $2.7 billion in cash to its shareholders in 2016, a figure CEO Jean-Sebastien Jacques argued the firm could match this year.
The combination of declining demand, falling ore prices and enormous Chinese stockpiles of the raw material is creating a perfect storm for some of the world's heavyweight industrial firms.
A study of analyst recommendations at the major brokerages shows that Rio Tinto plc is the #17 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector.
European steelmakers traded firmly higher Friday, with mining stocks following suit, after a jump in iron ore prices linked to a brewing trade dispute between the U.S. and China.
Even without North Korea, there's plenty of uncertainty coming from U.S. allies.
Elliott's $22 billion valuation for the Petroleum assets is already in the price while vulnerable iron ore and copper prices are a risk to BHP.
Last week's missile strike and an increasingly unpredictable French election race saw investors take risk off the table Monday
London's blue chip index avoided the Monday blues thanks to gains at a handful of index heavyweights
Benchmarks were higher on Tuesday following strong gains among commodity, consumer and airline stocks
European stocks slipped after the opening bell on the final day of what has been an otherwise solid quarter
TheFlyOnTheWall.com reported that rumors are surfacing regarding the potential takeover of Alcoa.
Rio Tinto CEO Jean-Sebastien Jacques said that China would meet its economic targets in the coming year.
Cramer shares his views on Europe and tech earnings.
I am not calling for the end of the Trump trade, but Europe looks good.
Patience with the slow progress of health care and financial reforms wears thin on Tuesday, sending stocks spiralling to their worst losses of the year.
Unease over the outlook for global trade, monetary policies and politica stability torpedoed markets from early on Tuesday
Stocks slump to session lows on Tuesday as uncertainty over when and how the Trump administration will implement regulatory reform spooks the financial sector.
Stocks extend declines on Tuesday as a selloff in the basic materials and financials sector taints broader markets.
People there are far less worried than people in the U.S. about currency breakdowns or political stress.
The U.S. Federal Reserve's decision to rate hikes lifted commodity stocks and London's benchmarks while politics and earnings boosted continental Europe.
Merger talk in telecoms, deals in oil services and a resurgent iron ore price all conspired to drive European benchmarks higher.
Germany's DAX led the decline on Tuesday following Deutsche Bank capital call
Some Chinese iron ore producers may reopen some mills now that prices are on the rise.
Walsh agreed to defer millions in payments pending the results of an inquiry into a potentially unlawful $10.5 million handed to a consultant on the Simandou iron ore project.
Banks and commodity stocks pared losses Monday, while arms firms received a boost late in the day from President Trump's plans for the defense budget.
The good vibes that carried Wall Street to new records last week lingered on into Monday's session.