But shares of grocer Companhia Brasileira de Distribuicao  shined, up 5.2% after the company late Thursday said fourth-quarter earnings climbed more than 40% to 361 million reals ($210.6 million) on a surge in sales to 15.1 billion reals from a...

RIO DE JANEIRO, Feb 18 (Reuters) - Brazil's government is pressuring state-controlled Banco do Brasil SA and state-owned Caixa Economica Federal to cut their interest rates, a move aimed at...

SAO PAULO (Reuters) - Troubled Brazilian oil services and equipment provider Lupatech said on Friday it expects to clinch a deal in three weeks with its main shareholders for 700 million reais ($408...

Publicly-listed nickel producer PT Vale Indonesia Tbk, previously known as PT International Nickel Indonesia (Inco), is stepping up an expansion agenda in its mining area in Sulawesi, even though the company was recently shocked by the burning of its camp by angry mobs. “We will carry…

Rio de Janeiro 16.02.2012 (www.emfis.com) Der brasilianische Bergbaukonzern Vale hat zu Jahresende mit rückläufigen Geschäftszahlen zu kämpfen.Wie das südamerikanische Rohstoffunternehmen mitteilte, sei der

SAO PAULO (Reuters) - Brazilian steelmaker Gerdau has an "extensive list" of potential partners for a plan to spin off a mining unit that has about 2.9 billion tonnes of iron ore reserves, Chief...

Vale S.A. (HKG:6210) announced that after implementing improvements in safety standards, it is gradually resuming operations of underground mines in Sudbury, Canada. The process is expected to be concluded by the end of this month. The company does not foresee any impacts on the finished…

Results of Vale S.A. (HKG:6210) for the fiscal year ended 31 December 2011 in accordance with US GAAP: Net profit: US$22.885B, up 32.56% YoYEPS: US$4.42...

Vale, the world's largest producer of iron ore, expects prices of the mineral to remain largely stable this year, even after they dropped for seven days straight in their longest losing streak in more than three months.

Brazilian steelmaker Gerdau (NYSE: GGB) is concerned about the potential de-industrialization in the steel sector due to the loss of competitiveness in the production chain, CEO André Gerdau Johannpet...

Petroleo Brasileiro, or Petrobras, won't boost spending in its new investment plan, the company's new chief executive said Monday. "Increasing investments is not the plan," Petrobras ... Petroleo Brasileiro, or Petrobras, won't boost spending in its new investment plan, the...

China and Brazil are negotiating access to Chinese ports for the fleet of giant vessels owned by the miner Vale SA. 

Vale (VALE): Q4 net profit -21% to $4.67B vs. consensus of $4.68B. Revenues -1.2% to $14.8B as higher volumes make up for 11% Y/Y fall in iron ore prices. Iron ore production +3.5% to 80.3M metric tons, produced record 311.8M in 2011, invested record $18B. Post your comment!

The world’s second-largest miner by volume reported a 20 per cent fall in fourth quarter net profit against a year earlier after a decline in the price of its most important export

Vale, the biggest iron ore mining company globally, will announce its fourth quarter and full year earnings for 2011 on Wednesday after market closing. We are expecting Vale to follow the trends set by weaker earnings announcements from mining giants such as Rio Tinto and BHP Billiton. Vale…

BOGOTA/LONDON (Reuters) - Goldman Sachs is the front-runner in an auction to buy the Colombian coal assets of Brazil's Vale, attempting to achieve strategic port access, while Glencore waits in the...

Zacks.com featured expert Kevin Matras highlights: UnitedHealth Group Inc., Lowe's Companies, Inc., Enterprise Products Partners L.P., Cosan Ltd. and Landstar System, Inc.

Whirlpool makes great appliances, but past that, it has serious economic and competition issues that make its stock look less than reliable.

DÜSSELDORF (Dow Jones)--Der Präsident des Europäischen Parlaments, Martin Schulz (SPD), fordert ein Wachstums- und Investitionspaket für das überschuldete Griechenland. "Flankierend zu den Sparbeschlüssen muss es dringend eine nachhaltige Investitions- und Wachstumsinitiative geben. Sonst…

Während des Fluges von der uruguayischen Hauptstadt Montevideo nach São Paulo (Brasilien) hat ein Passagier den Piloten einer Maschine der Fluggesellschaft TAM attackiert. Nach dem Zwischenfall machte die Maschine eine außerplanmäßige Landung in Porto Alegre, Hauptstadt des brasilianischen…

TAM Airlines hat in zwei Kategorien den renommierten "Cellars in the Sky"-Award gewonnen – eine Auszeichnung, mit der Fluggesellschaften aus der ganzen Welt für die Qualität der Weine an Bord prämiert werden. Das brasilianische Unternehmen hat den Preis zum einen für den besten Rotwein in…

Gerdau is slated to release its fourth quarter and fiscal year 2011 results on Wednesday, February 15. The current Zacks Consensus Estimates for the fourth quarter and fiscal year are 12 cents and 68 cents per share, respectively.

Brazil's São Paulo state water utility Sabesp (Bovespa: SBSP3, NYSE: SBS) has launched three tenders worth a total 10.4mn reais (US$6.06mn) to improve state potable water supply and sewerage services....

Here in front of Feb. 23 earnings, we want to gain bullish exposure to Vale by “selling to open” the VALE March 26 Puts.