Brazil’s central bank has slashed rates as inflation subsides. The boost to consumers and corporate borrowers should juice earnings of listed companies.
By Jeffrey T. Lewis SÃO PAULO Vale is launching a program to buy back up to 150 million of its shares as part of its plan to remunerate shareholders. The.
By Jeffrey T. Lewis SÃO PAULO Brazilian iron-ore miner Vale SA's profit fell after foreign exchange gains reported a year-earlier failed to materialize.
By Jeffrey T. Lewis SÃO PAULO Vale's shares were 3.2% lower on investor concerns that China's economic troubles might reduce demand for the Brazilian iron.
By Jeffrey T. Lewis SÃO PAULO Brazilian mining giant Vale said output of iron ore declined in the third quarter from a year earlier due to an equipment.