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Investors Can Buy Shares Of BHP Billiton Plc Or BHP Billiton Ltd.: What Is The Difference?
Wednesday, August 24, 2016 - 12:41pm | 496BHP Billiton — the global resources giant that is engaged in the exploration, development, production, processing and marketing of minerals — has its stock listed on several exchanges across the world. BHP Billiton Limited (ADR) (NYSE: BHP) is listed an Australian based "limited" entity...
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Vale-BHP Venture Forced to Pay $5 Billion To Settle Government Lawsuit
Wednesday, March 2, 2016 - 10:12am | 183According to Reuters, Samarco Mineracao - a joint venture between VAle SA (ADR) (NYSE: VALE) and BHP Billiton Limited (ADR) (NYSE: BHP) - will pay at least 20 billion reais ($5 billion) over 15 years to the government as part of a settlement. Samarco Mineracao's settlement with the...
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BHP Billiton Plummets After U.S. Asset Review, Notes 'Oil And Gas Markets Have Been Significantly Weaker Than The Industry Expected'
Friday, January 15, 2016 - 11:13am | 270Shares of BHP Billiton Limited (ADR) (NYSE: BHP) were trading lower by more than 8 percent Friday morning and hit a new 52-week low of $19.89. BHP Billiton disclosed that it expects to recognize an impairment charge of around $4.9 billion post-tax (approximately $7.2 billion pre-tax) against...
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Vale, BHP Billiton Shares In Free-Fall After Dam Disaster
Monday, November 9, 2015 - 10:11am | 424An iron ore mine co-owned by BHP Billiton Limited (ADR) (NYSE: BHP) and Vale SA A (ADR) (NYSE: VALE) exploded last week in Brazil, killing at least two people. Shares of BHP Billiton lost 5.29 percent on Friday, while shares of Vale fell 5.69 percent. Both stocks were trading lower during...
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#PreMarket Primer: Wednesday, November 5: Democrats Lose Control Of The US Senate
Wednesday, November 5, 2014 - 8:45am | 1248On Tuesday, the Democratic Party lost control of the Senate as U.S. voters expressed disappointment in the presidential administration’s progress this term. The new Congress is set to take power in January and will mark the first time that the Republican Party will control both the House...
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Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
Thursday, October 16, 2014 - 5:07pm | 2915U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
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Markets Begin The Week On A Losing Note Ahead Of Earnings Kick-Off, Fed Minutes
Monday, October 6, 2014 - 4:45pm | 1927U.S. stocks traded lower on Monday ahead of earnings season, which unofficially begins on Wednesday. The Federal Reserve will also release its minutes from its recent meeting on the same day. Major indices were trading in positive territory on Monday with the Dow up as much as 89 points before...
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Walter Energy, Inc. Surges 15% On Acquisition Rumors
Thursday, October 2, 2014 - 10:48am | 150Walter Energy, Inc. (NYSE: WLT) surged higher Thursday as rumors of an acquisition circulated. According to The Guardian, “US coal giant Walter Energy was rumored to be in the sights” of BHP Billiton or Rio Tinto. BHP may be considering $5 a share for the company, more than double...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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Markets Close The Week On Negative Note As Ukraine Worries Mount
Friday, August 15, 2014 - 5:01pm | 2461U.S. stocks erased early morning gains and finished lower following reports that Ukrainian artillery forces engaged armored vehicles entering Ukraine from Russia. Narayana Kocherlakota, Minneapolis Fed President, stated that labor strength in its current state appears to be far away from the...
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5 British Blue Chips For Your Portfolio
Friday, July 11, 2014 - 9:20am | 458Investors should naturally be thinking risk management and protecting gains in this record bull market for the Dow Jones Industrial Average (NYSE: DIA) and the Standard & Poor's 500 Index (NYSE: SPY). An effective way to accomplish this is by diversifying holdings with British blue...
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Alcoa Earnings Preview: A Sign Of Earnings To Come?
Monday, July 7, 2014 - 7:39am | 864Each quarterly report from Alcoa (NYSE: AA) unofficially kicks off a new earnings season, though its reputation as a bellwether for coming earnings may be diminished by the fact that it no longer is a Dow Jones Industrial Average component. The company is scheduled to report its second-quarter...
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3 India Stocks That Have Rallied Since The Elections
Tuesday, May 27, 2014 - 3:26pm | 898Since the results of the general election were announced, India-based stocks traded on U.S. exchanges ICICI Bank (NYSE: IBN), MakeMyTrip (NASDAQ: MMYT) and Sesa Sterlite (NYSE: SSLT) have seen the biggest boosts. This was the first general election in India since 2009, and more than 814 million...
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Market Wrap For April 16: Markets Hold On To Gains On Positive Yellen Comments And Economic Data
Wednesday, April 16, 2014 - 4:50pm | 2676U.S. stocks held on to strong gains as U.S. industrial production rose more than projected. The Fed confirmed it will maintain a "friendly" policy that will support the economic recovery. According to Fed Chief Janet Yellen there are three main concerns the central bank is facing. Specifically...
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Market Wrap For April 15: Who Doesn't Love A Turnaround?
Tuesday, April 15, 2014 - 4:30pm | 2505U.S. stock futures were pointing towards a modestly higher open as investors found enough optimism from Dow components Coca-Cola and Johnson & Johnson who both reported better than expected quarterly results. Investors were further spooked by reports of pro-Russian separatists taking...