A Guinean review into ownership of the biggest untapped iron-ore deposit has recommended seizing mining rights owned by a venture of BSG Resources Ltd., billionaire Beny Steinmetz’s company, and Brazil’s Vale SA (ADR) (NYSE:VALE). Vale SA (ADR) (NYSE:VALE) stock opened at $13.43 in last session, and closed at $13.04, while the day range of stock is $13.00 – $13.44. The stock showed a negative weekly performance of -7.97%.
Shares of Southern Copper Corp. (NASDAQ:SCCO) have received a consensus rating of “Hold” from the fourteen ratings firms that are covering the stock, AR Network reports. Southern Copper Corp (NYSE:SCCO) stock opened at $30.50, in last session and closed at $29.00, by losing -6.48%. The 52 week range of the stock is $24.50 – $38.24. Company’s market capitalization is $24.17 billion.
Vimpelcom, Ltd (ADR) (NASDAQ:VIP) Russia’s third largest mobile operator and competitor of Megafon, signed a deal with Apple last year, but hasn’t released the terms of the agreement. MTS is currently in negotiations with Apple. VimpelCom Ltd (ADR) (NASDAQ:VIP) stock decreased -5.27% and finished the last session at $8.99. The EPS of the stock remained 1.23. Company’s market capitalization is $18.45 billion.
Richie Boucher, the Bank of Ireland (ADR) (NYSE:IRE) boss, was delighted. Unlike AIB, his bank would now remain out of majority State ownership. Noonan would still hold 14 per cent, but not enough to kick Boucher around. Bank of Ireland (ADR) (NYSE:IRE) stock opened the session at $19.79, and closed the session at $18.70. The 52 week range of the stock remained $7.54 – $22.00 and the day range was $18.52 – $19.80.