Berenberg Downgrades Rio Tinto to Hold
Berenberg analyst Richard Hatch downgrades Rio Tinto (NYSE:RIO) from Buy to Hold.
Traders Moved These 9 Stocks On Wednesday’s CNBC’s ‘Fast Money: Halftime Report’
CNBC’s ‘Fast Money: Halftime Report’ delivers market-moving news to investors.
Titanium Miner LB Group Seeks to Shine in Hong Kong IPO Raising up to $1.5 Billion
Key Takeaways:
LB Group has filed for a Hong Kong IPO to raise up to $1.5 billion, aiming to consolidate its place as Asia’s leading producer of titanium dioxide pigments
Listing would complement company’s existing Shenzhen A-shares, which look sharply undervalued compared with industry peers
By Andrew Curran
Here’s How Much You Would Have Made Owning Rio Tinto Stock In The Last 5 Years
Rio Tinto (NYSE:RIO) has outperformed the market over the past 5 years by 1.83% on an annualized basis producing an average annual return of 15.29%. Currently, Rio Tinto has a market capitalization of $131.45 billion.
Star Bulk Inks Joint Letter Of Intent To Develop Iron Ore Green Corridor
Star Bulk Carriers Corp (NASDAQ:SBLK) has signed a joint letter of intent to establish a consortium to assess the development of…
UBS Upgrades Rio Tinto to Neutral
UBS analyst Myles Allsop upgrades Rio Tinto (NYSE:RIO) from Sell to Neutral.
Rio Tinto Offers To Buy Turquoise Hill Resources For $2.7B: Reuters
Rio Tinto plc (NYSE:RIO) proposed to buy out Turquoise Hill Resources Ltd (NYSE:TRQ) for $2.7 billion, aiming to gain more control…
Rio Tinto Made All-Cash Proposal to Acquire Remaining Shares in Turquoise Hill it does Not Own for C$34/Share
Rio Tinto has made a non-binding proposal to the Turquoise Hill Board to acquire the approximately 49% of the issued and outstanding shares of Turquoise Hill that Rio Tinto does not currently own (the "Proposed Transaction").