Market Currents
Vale (VALE) +4.3% premarket after Q3 earnings plunged 66% but operating revenues topped...
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Thursday, October 25, 2012, 9:11 AM ETVale (VALE) +4.3% premarket after Q3 earnings plunged 66% but operating revenues topped analysts’ estimates, signaling that efforts to cut costs and delay projects are paying off. The Brazilian miner is re-evaluating non-core assets and the market should expect the sale of some of them, CFO Luciano Siani Pires says.
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