Wednesday, August 3, 2016

Rio Tinto Cuts Dividend as Weak Prices Take Toll

Anglo-Australian miner Rio Tinto’s first-half net profit more than doubled from a year earlier—when write-downs and exchange-rate and derivative losses hurt its bottom line—but weak commodities prices sent underlying earnings down 47%.

from WSJ.com: US Business http://ift.tt/2arTptg
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