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Vale SA (VALE.N)

VALE.N on New York Stock Exchange

8.47USD
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$0.01 (+0.12%)
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$8.46
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$8.40
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Wed, May 17 2017

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Petrobras, Vale ADRs plunge after new Brazil corruption allegations

NEW YORK Shares in Brazilian state-controlled oil company Petroleo Brasileiro SA and iron ore miner Vale SA both plunged in U.S. after-hours electronic trading following a report that the country's president was taped backing the payment of a bribe to thwart a corruption probe.

Vale's board approves top shareholder proposal for reorganization

SAO PAULO Vale SA's board approved on Thursday a definitive swap ratio of 0.9342 common share per preferred stock as part of a plan to transform the world's No. 1 iron ore producer into a company with dispersed share ownership.

UPDATE 1-Vale's board approves top shareholder proposal for reorganization

SAO PAULO, May 11 Vale SA's board approved on Thursday a definitive swap ratio of 0.9342 common share per preferred stock as part of a plan to transform the world's No. 1 iron ore producer into a company with dispersed share ownership.

Vale's top shareholder unveils definitive terms for reorganization

SAO PAULO, May 11 The controlling shareholder of Vale SA proposed on Thursday a definitive swap ratio of 0.9342 common share per preferred stock as part of a plan to transform the world's No. 1 iron ore producer into a company with dispersed share ownership.

Brazil's Vale sees $70 mln in savings from new systems by 2020

SAO PAULO, May 5 Brazilian miner Vale SA aims to save $70 million by 2020 through a combined management system for iron ore and manganese production, replacing 17 prior systems, according to an emailed statement on Friday.

UPDATE 2-Brazil's Vale slumps as ore price outlook, profit disappoints

SAO PAULO/RIO DE JANEIRO, April 27 Shares in Vale SA slumped the most in two weeks on Thursday, as executives signaled lackluster trends for iron ore prices this year and investors reacted to a first-quarter profit miss with disappointment.

Vale sees robust ore prices this year, market 'well balanced'

SAO PAULO, April 27 The market for iron ore remains well balanced at this point, as less supply is expected and as prices tend to find support above last year's levels, executives at Vale SA said on Thursday.

Brazil's Vale misses profit estimates as revenue falls

SAO PAULO, April 27 Vale SA, the world's largest iron ore producer, posted net income that missed estimates in the first quarter, reflecting the impact of heavy rains that hampered output in a key mine and increasing financial expenses.

EMERGING MARKETS-Brazil stocks rise as Vale rallies on output data

By Bruno Federowski SAO PAULO, April 20 Brazilian stocks gained on Thursday, supported by a rally in shares of miner Vale SA following solid first-quarter production figures. Vale's iron ore output fell 6.7 percent on a quarterly basis due to seasonal effects, but jumped 11.2 percent from a year ago to a record high for the period. The company's shares rose as much as 4.9 percent, adding the most points of any stock to Brazil's benchmark Bovespa index . Analysts at I

UPDATE 1-Vale's first-quarter output falls on weather, keeps guidance

SAO PAULO, April 20 Vale SA's first-quarter iron ore output fell 6.7 percent as seasonal rainfalls in a fast-growing mine in northern Brazil hampered extraction and the world's No. 1 producer of the raw material sought to rein in production at low-margin facilities.

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