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Yahoo! Steel

Posts by Yahoo! Steel

Latin American Markets: Mexican, Brazil stocks rise in relief rally (at MarketWatch)

May 27, 2010

Major Latin American markets jump, with investors finding relief from China&os;s assurance that it&os;s not going to rid itself of European debt investments in light of the euro-zone&os;s fiscal crisis.

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Bunge Limited Completes Sale of Brazilian Fertilizer Nutrients Assets to Vale (PR Newswire)

May 27, 2010

Bunge Limited today announced that it has successfully completed the previously announced sale of its Brazilian fertilizer nutrients assets in Brazil to Vale S.A. , including its 42.3% interest in Fertilizantes Fosfatados S.A. .  Net proceeds after taxes, transaction fees and expenses are approximately $3.5 billion, subject to certain post-closing adjustments.

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Europe Markets: European shares buoyed as China signals confidence (at MarketWatch)

May 27, 2010

European shares Thursday extend sharp gains made in the previous session, with miners advancing after China denies that it&os;s considering reducing European bond holdings.

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Cliffs Natural Resources Inc. Chairman Releases Letter to Shareholders Regarding Australian Government's Proposed "Super Tax" (Business Wire)

May 26, 2010

CLEVELAND—-Cliffs Natural Resources Inc. today released a letter to Cliffs shareholders from Joseph Carrabba, the Company’s president, chairman and CEO, regarding the Australian Federal Government’s proposed “Super Tax.”

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