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:
  • BHP cuts outlook for commodities prices
    BHP Billiton, the world’s largest miner, has trimmed its outlook for commodities prices over the next three to five years, a sign that natural resources groups are braced for a lasting impact from the global financial crisis. The miner, which has ...
    12/31/1969 - 7:00 pm | View Link
  • BHP Billiton cuts dividend 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 ...
    12/31/1969 - 7:00 pm | 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 ...
    12/31/1969 - 7:00 pm | 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 ...
    12/31/1969 - 7:00 pm | View Link
  • BHP Sounds The Alarm On Global Growth And Commodity Prices
    Significant public spending cuts and higher taxes have ... efforts to revive demand. And on commodities: Following a broad recovery in prices for the majority of BHP Billiton’s products, the short term outlook for commodities is mixed.
    12/31/1969 - 7:00 pm | View Link
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