BHP Billiton News

BHP Billiton is the world's largest natural resource company, with revenue of US$71,739 million and a net profit of US$23,648 million reported for the financial year 2010/11 . BHP Billiton was formed when BHP and Billiton merged in June 2001 to form at the time the second largest mining company in the world, with a market capitalization of $57 ... (more)

Posted in : Long Ideas , Sector ETFs , News , Short Ideas , Futures , Commodities , Rumors , New ETFs , Asset Sales , Management , M&A , Global , Pre-Market Outlook , Markets , Trading Ideas , ETFs , Best of Benzinga Perhaps comments from CEO Marius Kloppers in 2011 that his company, BHP Billiton , would spend $80 billion to develop and invest in ... (more)

There is a trend towards consolidation in the mining industry and BHP Billiton Ltd.

BHP Billiton Ltd. will make more acquisitions over time, the mining giant's Chief Executive Marius Kloppers said Sunday.Kloppers, however, wouldn't be more specific about potential targets for the Anglo-Australian miner and declined to comment on speculation it could be interested in ... Read the full story at Fox Business

Mechel OAO reports that work was temporarily halted at several facilities at New-Olzherassk mine which is part of Southern Kuzbass Coal Company.

First Solar : Solar wafer makers have been increasing quotes in both Taiwan and China, to between $1.15 and $1.25 per unit, according to Digitimes.

Posted in : Long Ideas , Sector ETFs , News , Short Ideas , Futures , Commodities , New ETFs , After-Hours Center , Markets , Trading Ideas , ETFs , Best of Benzinga It's no secret that iShares, the world's largest ETF issuer, has been issuing new funds at warp speed this year.

Ongoing turmoil in Greece also weighed on investor sentiment. ANZ and Westpac raised interest rates on mortgage lending.

Investment analysts at Dahlman Rose lowered their price target on shares of BHP Billiton ADR Reptg 2 Ord Shs from $116.00 to $96.00 in a note issued to investors on Friday.

LLC said Feb. 9 that it plans to extend its 96-mile, 24-inch DK Pipeline in the Eagle Ford Shale play by an extra 65 miles southwest.

Rio Tinto Group lost a bid to keep using non-unionized workers in Western Australia's Pilbara region, a decision a lawyer for the world's third-biggest mining company said could affect other companies.

Glencore International Plc, the world's largest publicly traded commodities supplier, is in talks with Xstrata Plc to merge in a deal that would create an $82 billion rival to BHP Billiton Ltd.

YPF SA : The Argentine unit of YPF SA is raising its estimates on its shale oil resources at the Vaca Muerta formation to about 23B barrels from an earlier view of around 1B barrels, reported Bloomberg, citing people familiar with the situation.

Most Asian stocks climbed, erasing an earlier decline for the region's benchmark index, amid speculation Greece will secure a second bailout when euro-area officials meet today.

Rio Tinto, which said last year it would sell 13 aluminum assets, booked a $8.9 billion impairment charge on the business.

Symbols : BJK , FDN , GXG , VDC , XLP , BIDU , NFLX , WYNN , BHP , CAT , CL , EC , LVS , PBR , CQQQ , COLX , SKYY , OGEM Posted in : Long Ideas , Sector ETFs , News , Short Ideas , Specialty ETFs , New ETFs , Emerging Market ETFs , Pre-Market Outlook , Markets , Movers , Tech , Trading Ideas , ETFs , Best of Benzinga A while back we took a look at ... (more)

BHP Billiton Ltd., the largest mining company, may consider selling about $10 billion of aluminum, nickel and coal mines and smelters as it trims its portfolio, Deutsche Bank AG said.

BHP Billiton Chief Marius Kloppers just placed a $20 billion bet on U.S. natural gas.

THE former boss of Ford says Australia would be shortsighted if it does not support the car industry through tough times.

Surprising results from BHP Billiton. The world's biggest miner reported a rare fall in earnings from July to December.