Rio Tinto to review future of aluminium operations in New Zealand

23rd Oct 2019 07:35

(Sharecast News) - Rio Tinto announced on Wednesday that it would conduct a strategic review of its interest in New Zealand Aluminium Smelter (NZAS) at Tiwai Point, to determine the operation's ongoing viability and competitive position.

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Friday broker round-up

18th Oct 2019 12:53

(Sharecast News) - Royal Bank of Scotland: JP Morgan upgrades to overweight with a target price of 280p.

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Chinese economy grows 6.0% in Q3, slowest pace since early 1990s

18th Oct 2019 08:25

(Sharecast News) - China released third-quarter GDP figures on Friday showing the economy grew at its slowest pace since the early 1990s as the trade war with the US took its toll.

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Wednesday broker round-up

16th Oct 2019 12:42

(Sharecast News) - Hammerson: RBC Capital Markets downgrades to sector performer with a target price of 290p.

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Rio Tinto Q3 iron ore shipments rise 5%

16th Oct 2019 07:32

(Sharecast News) - Higher Chinese demand helped mining giant Rio Tinto report a 5% rise in third-quarter iron ore shipments.

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Friday broker round-up

11th Oct 2019 12:40

(Sharecast News) - Whitbread: Deutsche Bank downgrades to sell with a target price of 3,650p.

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Jefferies upgrades Rio Tinto to 'buy', praises strong cash flows

11th Oct 2019 10:03

(Sharecast News) - Analysts at Jefferies upgraded mining giant Rio Tinto to 'buy' on Friday, stating the group's strong free-cash-flow through the cycle should lead to a supportive dividend in weak markets and leverage to the upside in stronger markets, which in turn should provide a floor for the shares.

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Rio Tinto said to ditch sale or IPO of Canadian iron ore unit

30th Sep 2019 07:51

(Sharecast News) - Rio Tinto was said on Monday to have scrapped plans for a sale or initial public offering of its Canadian iron-ore unit following a year-long attempt to offload the business.

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Thursday broker round-up

26th Sep 2019 12:46

(Sharecast News) - BBA Developments: Berenberg downgrades to hold with a target price of 335p.

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Friday broker round-up

20th Sep 2019 13:03

(Sharecast News) - Antofagasta: UBS downgrades to sell with a target price of 850p.

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Friday broker round-up

13th Sep 2019 12:49

(Sharecast News) - Britvic: Jefferies upgrades to buy with a target price of 1000p.

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JP Morgan still cautious on miners, unless they dig for gold (or silver)

12th Sep 2019 15:56

(Sharecast News) - Miners' shares were not without their attractions, but the multiple sources of uncertainty on the investment horizon argued in favour of caution in the fourth quarter, analysts at JP Morgan said - except in the case of gold.

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Liberum cuts iron ore forecasts, downgrades host of miners

22nd Aug 2019 12:17

(Sharecast News) - Liberum downgraded its ratings on a host of mining stocks on Thursday as it refreshed its bear case on iron ore, noting that credit growth is not fuelling Chinese property sales as in previous cycles.

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Rio Tinto no longer blacklisted by Norwegian wealth fund

25th Jun 2019 11:45

(Sharecast News) - Norway's $1tn wealth fund has removed UK miner Rio Tinto and retailer Walmart from its blacklist, possibly paving the way for future investments in both companies.

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Thursday broker round-up

20th Jun 2019 13:21

(Sharecast News) - Halma: UBS upgrades to neutral with a target price of 2,060p.

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