Bhp Cuts Outlook For Commodities Prices

Downgrade by miner seen as a bellwether for the natural resources industry is likely to cement the view that the decade-long supercycle has peaked

BING NEWS:
  • Inside BHP Billiton’s Recent Upgrades and Downgrades
    However, recently, OPEC’s (Organization of the Petroleum Exporting Countries) decision regarding production cuts boosted crude oil prices. The cut should be positive for crude oil’s outlook. In the next part of this series, we’ll look at the ...
    01/13/2017 - 6:21 am | View Link
  • China & Commodities Recovering, BHP Upgraded
    “Stronger demand and impact of supply side reforms in China have enhanced the outlook for most bulk commodities. We have materially upgraded ... On the downside weaker demand has driven cuts to our uranium forecasts while better than expected supply ...
    09/20/2016 - 1:49 am | View Link
  • Moody's cuts BHP Billiton's credit rating by two notches, sights global commodity outlook
    a blow to the Australian giant struggling with the downturn in global commodities. The move by Moody's to cut BHP's debt rating to "A3" with negative outlook from "A1" early on Friday follows rival Standard & Poor's (S&P) cut to "A" from "A+" in early ...
    03/3/2016 - 10:29 pm | View Link
  • BHP Billiton cuts dividend and profits slides as it battles commodity rout
    Jac Nasser, BHP Billiton's chairman, said that the changes to the dividend policy were "not made lightly" and reflect the board's assessment on the outlook for commodities. "While the continued development of emerging economies will underpin longer-term ...
    02/21/2016 - 8:42 pm | View Link
  • BHP Billiton posts record 1H loss, cuts dividend
    Other leading miners, including Rio Tinto PLC and Glencore PLC, have announced cuts to their shareholder payouts in ... announced today reflect the board's assessment of the outlook for commodities and the increased financial flexibility this demands ...
    02/21/2016 - 3:29 pm | View Link
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