Rio Tinto bolstered by US coal sale
Financial Times (Free subscription) | 20/11/2009
Gobal mining company that faced huge debt burden a year ago continues recapitalisation drive and nets $741m by spinning off US coal assets
Financial Times (Free subscription) | 20/11/2009
Gobal mining company that faced huge debt burden a year ago continues recapitalisation drive and nets $741m by spinning off US coal assets
MarketIntelligenceCenter.com (Free subscription) | 20/11/2009
Rio Tinto PLC (RTP) was downgraded today by analysts at Credit Suisse and the stock is now at $209.76, down $4.09 (-1.91%) on volume of 506,827 shares traded. The analysts downgraded RTP to Underperform from Neutral. Over the last 52 weeks the stock has ranged from a low of $59.20 to a high of $223.75. Rio Tinto PLC stock has been showing support around $208.47 an...
Reuters (Free subscription) | 20/11/2009
NEW YORK (Reuters) - Cloud Peak Energy Inc , a unit of Rio Tinto Plc, fell in its debut on the New York Stock Exchange on Friday after its shares priced below expectations in the U.S. coal miner's initial public offering.
Market Watch (Free subscription) | 20/11/2009
Coal producer Cloud Peak Energy Inc. fell 2.2% to $14.69 in its stock market debut on Friday on the New York Stock Exchange.
Market Watch (Free subscription) | 20/11/2009
NEW YORK (MarketWatch) -- Coal producer Cloud Peak Energy Inc. fell 2.2% to $14.69 in its stock market debut on Friday on the New York Stock Exchange. The company's IPO of 30.6 million shares priced at $15 a share, below its $16-$18 price range. The IPO raised $459 million for Cloud Peak, which plans to separate from Anglo-Australian mining giant Rio Tinto . Shares of Cloud Peak will begin trading...
The Age (Free subscription) | 17 hours ago
Rio Tinto says it will receive total proceeds of at least $US741 million in connection with the recent initial public offering (IPO) of Cloud Peak Energy Inc.
Sydney Morning Herald (Free subscription) | 17 hours ago
Rio Tinto says it will receive total proceeds of at least $US741 million in connection with the recent initial public offering (IPO) of Cloud Peak Energy Inc.
Bhalindra Bath's Blog (Free subscription) | yesterday
Bhalindra Bath's Blog Monday, December 15, 2008 Bhalindra Bath commentary on crash-market sharks ignoring Christmas cheer As a result of the British pound's recent fall, where do British corporates based in the UK and beyond stand with their lenders? Clearing banks, investment banks, any banks, are cutting back on everything and number one on their lists is lending to anyone. Bonuses, payment structures...
Daily News Analysis (Free subscription) | yesterday
Rio Tinto Alcan also said to have approached firm for equity tie-up.
Reuters UK (Free subscription) | yesterday
NEW YORK (Reuters) - Investors bet on growth in the IPOs of a Chinese hotel chain and an online education company on Friday, but were less enthusiastic about a spin-off of mining giant Rio Tinto.
The Guardian (Free subscription) | yesterday
The FTSE 100 fell and the banks collapsed. But as Patrick Collinson reports, the only shares that didn't go up in smoke were tobacco companies In a decade dominated by the rise of China, the expansion of the internet and the proliferation of mobile phones, the best stockmarket investment was – cigarettes. Analysis of the companies in the FTSE 100 in January 2000, prepared for Guardian Money...
Reuters (Free subscription) | 20/11/2009
NEW YORK (Reuters) - Investors bet on growth in the IPOs of a Chinese hotel chain and an online education company on Friday, but were less enthusiastic about a spin-off of mining giant Rio Tinto.
24/7 Wall St. (Free subscription) | 20/11/2009
Updated throughout the day. GE (NYSE:GE) and Vivendi are at odds over the NBCU valuation (FT) IBM (NYSE:IBM) is taking advantage of the delay in the Sun (NASDAQ:JAVA) deal to be bought by Oracle (NASDAQ:ORCL) (TheStreet) The joint venture between Rio Tinto (NYSE:RTP) and BHP Billiton (NYSE:BHP) may lead to a merger. (various) Ferrero may want to buy Cadbury’s gum and candy [...]
Biggest News (Free subscription) | 20/11/2009
Panda Diplomacy: China's goodwill pandas ready for Australia mission. Post a comment. Posted by: yang.bu. Tags: Countdown to Beijing, Adelaide, Australia, China, Chinalco, diplomacy, panda, Rio Tinto [...]
Reuters (Free subscription) | 20/11/2009
BEIJING (Reuters) - The United States is seeking the release of an American citizen detained in Beijing for two years, in a case similar to the detentions of Rio Tinto staff which launched an international debate over China's secrets laws.