At its recent investor seminar Rio Tinto warned of an uncertain and volatile short-term outlook, nothing new there, though with an expected fourth-quarter pick-up in Chinese fixed-asset investment. Longer term, Rio remains bullish on global commodity consumption with China remaining the key driver until at least the mid-2020s.
Month: May 2012
BMW continued its winning ways with record volume, consolidated revenue, and consolidated earnings for the third quarter, reporting earnings per…
ASM International reported mixed third-quarter results as the firm is feeling the effects of a cyclical slowdown in the chip…
Ericsson reported a mediocre third-quarter result on Thursday. For the quarter, sales decreased 2% year over year to SEK 54.6…
Volkswagen subsidiary Volkswagen International Finance N.V. is in the market with a benchmark three- and five-year bond offering. Volkswagen Finance…
Eaton is finally in the market with its long-awaited benchmark-sized bond offering to help fund the acquisition of Cooper Industries.…
Siemens announced that it will acquire the rail systems business from Invensys ISYS for GBX 1.4 billion, which is roughly…
STMicroelectronics said on Monday that it indends to leave its unprofitable wireless joint venture, ST-Ericsson, under its corporate strategic realignment…
Nokia depends significantly on its partnership with Microsoft, a position that offers some kind of financial support today, but in…
The fiscal third-quarter results of European tour operator TUI Travel indicated that the long-held tradition of a family vacation remained…