Vale posts first quarterly net loss since 2002
Feb 28, 2013 | 01:30 PM
| Ana Paula Camargo
SÃO PAULO Vale SA posted its first quarterly net loss since the third quarter of 2002 after writing down a series of assets and investments.
The Rio de Janeiro-based miners net loss totaled $2.65 billion in the fourth quarter of 2012, in contrast to net income of $4.67 billion in the year-earlier period, the company said Feb. 27.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.