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5 Commodity Stocks Moving On NewsMatthew Smith • Mon, Jun 3
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5 Commodity Stocks Moving On NewsMatthew Smith • Tue, May 28
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Vale S.A. Q2 2010 Earnings Call TranscriptSun, Aug 1, 2010
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COMPANHIA VALE ADS Q4 2009 Earnings Call TranscriptFri, Feb 12, 2010
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Companhia Vale do Rio Doce (Vale) Q1 2009 Earnings Call TranscriptFri, May 8, 2009
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Companhia Vale do Rio Doce Q3 2008 Earnings Call TranscriptFri, Oct 24, 2008
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Companhia Vale do Rio Doce Q3 2007 Earnings Call TranscriptFri, Oct 26, 2007
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at CNBC.com (May 23, 2013)
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at CNBC.com (Apr 9, 2013)
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at CNBC.com (Mar 20, 2013)
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at CNBC.com (Mar 5, 2013)
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at CNBC.com (Feb 27, 2013)
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at CNBC.com (Feb 7, 2013)
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at MarketWatch.com (Jan 22, 2013)
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at CNBC.com (Dec 20, 2012)
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at CNBC.com (Nov 30, 2012)
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at CNBC.com (Nov 20, 2012)
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at CNBC.com (Oct 24, 2012)
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at CNBC.com (Oct 18, 2012)
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at CNBC.com (Oct 3, 2012)
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at MarketWatch.com (Oct 1, 2012)
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at CNBC.com (Sep 19, 2012)
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at MarketWatch.com (Sep 18, 2012)
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at MarketWatch.com (Sep 17, 2012)
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at MarketWatch.com (Sep 11, 2012)
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at MarketWatch.com (Sep 10, 2012)
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at MarketWatch.com (Sep 7, 2012)
VALE vs. ETF Alternatives
Company Description
Vale S.A. are the second-largest metals and mining company in the world and the largest in the Americas, based on market capitalization. We are the world's largest producer of iron ore and iron ore pellets and the world's second-largest producer of nickel. We are one of the world's largest... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Thursday, June 13, 2:34 PM Rio Tinto (RIO +3.4%) shares are strong after the selling one of its U.S. mines and stating its intention to dump others. The sale wouldn't suffice to move the needle, but combined with other potential sales "raises the potential for capital management in early 2014," Citigroup says. J.P. Morgan says concern over iron ore prices is excessive. Other base metals miners are up: CLF +6.6%, BHP +1.8%, VALE +4.9%. Comment! [Commodities, On the Move]
- Tuesday, June 11, 9:44 AM Vale (VALE -2.6%) sinks to a 52-week low at the open amid concerns about Chinese economic growth and deteriorating investor sentiment toward Brazil. China is critically important for Vale: It's not only the miner's biggest market but also the setter of global benchmark prices for iron ore, which generates virtually all of Vale’s cash flow. Also, Vale must deal with domestic political uncertainties that rival miners don’t. Comment! [Commodities, On the Move]
- Wednesday, June 5, 11:13 AM Cliffs Natural Resources (CLF -3.4%) is among the S&P's worst performers, as global iron ore capacity is expected to increase faster than demand from China, continuing to weigh on prices, according to the head of Baosteel, China's third-biggest mill. Steel output growth has dropped to less than 5%/year from 20% between 2000-06. BHP -2.9%, RIO -1.8%, VALE -1.8%. (also) Comment! [Commodities, Global & FX, On the Move]
- Friday, May 31, 3:49 PM Several Brazilian stocks hit 52-week lows in U.S. trading, as investors look to an early exit of stimulus measures by the country's central bank, which intervened to stabilize the real. VALE -4.8%, SID -4.8%, GGB -4.8%. Petrobras (PBR -2.5%) also moves lower as it reports April production of 2.55M boe/day, up more than 2% from March but flat vs. the prior year. 5 Comments [Energy, Commodities, On the Move]
- Tuesday, May 7, 3:26 PM Vale (VALE +3%) says it hasn't been contacted by ThyssenKrupp about a reported proposal to increase its stake in a troubled Brazilian steel mill. The German steelmaker is seeking to sell two plants in the Americas, including one near Rio de Janeiro in which Vale has a 27% stake. One proposal was said to have Vale increasing its stake in the mill to 33%. Comment! [Commodities, Global & FX, On the Move]
- Friday, May 3, 2:32 PM Vale (VALE +2.7%) says it won't play an active role in the change of ownership at Companhia Siderurgica do Atlantico, a loss-making steel mill in Brazil, and plans only to maintain existing supply contracts. Vale owns a 26.87% stake in the JV with ThyssenKrupp, which put its stake up for sale after losing billions of dollars on the projects in recent years. (earlier) Comment! [Commodities, On the Move]
- Friday, May 3, 3:31 AM ThyssenKrupp AG (TYEKY.OB, TYEKF.PK) +5% in Frankfurt on news Companhia Siderrgica Nacional (SID), Brazil's No.3 steelmaker, has reportedly emerged as the leading bidder for its Brazilian and U.S. steel-plant assets. For now, ThyssenKrupp remains in parallel negotiations with Vale (VALE) and the Brazilian gov't for the assets. ThyssenKrupp has spent the last year figuring out how to dispose of the unprofitable plants. Comment! [Breaking News, Commodities, On the Move]
- Thursday, April 25, 12:39 PM Vale (VALE +2.5%) is strong after its better-than-expected Q1, driven by lower costs and expenses and a stronger performance from base metals, which Goldman analysts say "should provide a strong catalyst to consensus earnings upgrades and reduce bearish sentiment.” Vale has been receiving good news recently, as a special-participation tax looks dead and analysts take a more positive view. Comment! [Commodities, On the Move]
- Wednesday, April 24, 11:51 AM Brazil’s President Rousseff may have been persuaded not to include a proposed special participation tax, which would have forced Vale (VALE +2.4%) to pay a share of some of its most profitable mines to the government, in the new set of mining regulations due in May. That's a big deal, Goldman says; since September, Vale’s discount to peers has widened to ~19% vs. its 2% historical average. 1 Comment [Commodities, Global & FX, On the Move]
- Thursday, April 18, 8:49 AM Vale (VALE) +2.2% premarket after Q1 iron ore output fell 3.5% Y/Y but nickel and coal output rose and production of copper and cobalt hit record levels. The impact of falling iron ore output was eased by rising production at new and much-delayed projects in Brazil, Canada, Australia and New Caledonia. Q1 is typically the year's weakest as operations are affected by the Southern Hemisphere rainy season. Comment! [Commodities, On the Move]
- Wednesday, April 17, 12:36 PM Vale’s (VALE -3.6%) tax dispute with the government and the potential impact of still-unspecified regulations might not be such a big problem, J. P. Morgan says. In the worst case, Vale would negotiate a settlement and agree and pay far less than the full $15.5B Brazil's government wants, and there's "a decent chance" it will pay nothing at all; the firm also sees momentum for a special participation tax slowing. Comment! [Commodities, On the Move]
- Thursday, April 11, 3:49 PM Deutsche Bank issues a host of upgrades and higher price targets for miners, chiding investors for heading for the hills instead of waiting for expected management-driven turnarounds, asset sales and restructurings. Hecla Mining (HL +2.2%) is raised to Hold from Sell with a $4.60 target (up from $4); targets also are lifted on ABX, CDE, KGC, TC, VALE, CLF, GG, NEM, TCK, SSRI. 5 Comments [Commodities, Quick Ideas, On the Move]
- Tuesday, April 9, 11:19 AM Brazil’s government reportedly is working to change how it taxes its companies’ foreign subsidiaries, which BAML says could provide a boost for Vale (VALE +4.4%) since it "creates a more coherent and stable taxation." Also, Vale receives an operating permit for maritime terminal CLN 150, a step the miner calls crucial toward expanded Carajas iron ore production capacity. Comment! [Commodities, Global & FX, On the Move]
- Tuesday, April 9, 10:19 AM Several big miners are advancing after Alcoa (AA) last night said global end market demand growth was solid and it continues to expect global aluminum demand to rise 7% in 2013. In early trading, RIO +3.3%, BHP +2.2%, VALE +2.6%, FCX +2.1%, CLF +4.4%. 4 Comments [Commodities, On the Move]
- Wednesday, April 3, 6:06 PM Vale (VALE) says it is withholding additional payments related to its purchase of the troubled Simandou iron ore project in Guinea and intends to "vigorously defend" itself if JV partner BSG Resources presses for more money. The dispute adds a new wrinkle to Vale's saga at Simandou, where work has been suspended due to regulatory uncertainties that could affect the project. VALE +1.7% AH. Comment! [Commodities, On the Move]
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Wednesday, April 3, 5:35 PM
After-hours top gainers, as of 5:15 p.m.: CCG +8%. ANV +5%. AVEO +4%. GFI +3%. VALE +2%.
After-hours top losers: SFUN -6%. IMUC -3%. CPWR -3%. LSE -3%. ROC -2%. Comment! [On the Move]
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losbronces
$VALE, diamonds, Israeli billionaire, dead African dictator and FBI investigation: http://bit.ly/1926xxE; - View all 3 replies
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Energysystems
Like I've been saying for some time now, I wouldn't be suprised if $VALE tested the 09 lows. Still a ways to go but trend is not friendly. - View all 3 replies
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Perkins Cove: "As posted on twitter....". And here I had hopes you were going to give us more RTs here on SA. (thanks for those you did. Appreciated)
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losbronces: Risk w/$VALE is government ownership, maybe forced back into PRC project in Argentina: http://bit.ly/11VjE3e
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paulalmony
$BHP, $VALE and $RIO control 66% of the seaborne market. Prices will only go down as far as they let it - View all 0 replies
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gap123: divi is safe. The world still runs on Iron Ore and steel, ignore the hype, scale into a position. Buy on fear, reap rewards.
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John Rayhall: I dunno I used to think CLF was never going to go down years ago now it seems to only go down. -
Reaster: Been saying tht CLF will retouch 2009 lows of $13 for several months now all it has to do is break through the $16 level and its then $13
LATEST REPLIES
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losbronces
$VALE, diamonds, Israeli billionaire, dead African dictator and FBI investigation: http://bit.ly/1926xxE; - View all 3 replies
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Energysystems
Like I've been saying for some time now, I wouldn't be suprised if $VALE tested the 09 lows. Still a ways to go but trend is not friendly. - View all 3 replies
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Perkins Cove: "As posted on twitter....". And here I had hopes you were going to give us more RTs here on SA. (thanks for those you did. Appreciated)
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losbronces: Risk w/$VALE is government ownership, maybe forced back into PRC project in Argentina: http://bit.ly/11VjE3e
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John Rayhall: I dunno I used to think CLF was never going to go down years ago now it seems to only go down.
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Reaster: Been saying tht CLF will retouch 2009 lows of $13 for several months now all it has to do is break through the $16 level and its then $13
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gap123: divi is safe. The world still runs on Iron Ore and steel, ignore the hype, scale into a position. Buy on fear, reap rewards.
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techwonk: Hmph, flat growth yoy and 17 p/e, high payout ratio putting dividend at risk...that could do it all right. -
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Chines33: The higher the Divy goes the more concerned I would become that it gets cut. Its best chance is to bounce somewhere in 14-16 area
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Energysystems: I believe the 2008 low will be tested. Stated as much on here a few months back. $BTU is also getting close to testing their 08 low too.
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sheldond: Love Vale long term and my humanitarian interest in mannkind is well documented. I will do some dd 4 others. QCOM makes me anxious thanks JS -
sheldond: Today I added CLSN at .99 think it will have legs soon off the bottom and looking at new financing.
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Antonio Carradinha
Iron ore prices (62 percent content) climbed 5.3 % in January. Good news for $VALE. Expected to reach $170/t first half 2013. - View all 1 replies
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joe kelly: Waiting for CLF pullback to near 30. Far more upside for a long with clf.
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Michael Bryant
"Cliffs Natural (CLF) Starting to Look Cheap." Also look at VALE. http://fxn.ws/UOoKWs - View all 4 replies
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Michael Bryant: I think it will go higher. I am well aware of the tax situation. Just did a 5 page report on it. They have exposure everywhere.
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