Bhp Beats Forecasts, Cautious On China Demand (reuters)

Top global miner BHP Billiton signaled caution over a sustained global recovery and held off from a share buyback after reporting its weakest first-half profit in four years. BHP's July-December profit nevertheless beat market forecasts and was 24 percent stronger than in the previous half, spurring the miner to raise its dividend slightly, pushing its shares up more than 3 percent.

Topics:  bhp billiton   bhp's july-december   forecasts   percent   global   miner   profit   
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