BHP Billiton plc (ADR) (NYSE:BBL)’s CEO, Andrew Mackenzie, reaffirmed the Company’s commitment to creating a simpler, more productive and capital efficient organisation.Speaking at the Bank of America Merrill Lynch Metals, Mining & Steel Conference in Miami, Mr Mackenzie said the Company was changing the way it worked, using common systems and processes to lift performance across all operations and projects. BHP Billiton plc (ADR) (NYSE:BBL) net profit margin is 36.40% and weekly performance is 1.80%. On last trading day company shares ended up $66.09. Analysts mean target price for the company is $73.80. BHP Billiton plc (ADR) (NYSE:BBL) distance from 50-day simple moving average (SMA50) is 5.15%.
ArcelorMittal SA (ADR) (NYSE:MT) has beaten its closest competitor by more than 200% the size by output. ArcelorMittal posted a core profit of $1.75 billion in the first quarter of this financial year against $1.57 billion for the same period last year. These results were largely in line with the estimates supported by robust numbers in Europe and Brazil. The company sees some weakness in the weather hit U.S. and in its mining business where the company is trying to enhance its output of iron ore. ArcelorMittal SA (ADR) (NYSE:MT) shares advanced 1.01% in last trading session and ended the day on $16.08. Gross return on assets is -2.30%. ArcelorMittal SA (ADR) (NYSE:MT) quarterly performance is -3.31%.
BHP Billiton Limited (ADR) (NYSE:BHP) is pushing ahead with plans for sales of unwanted assets, and has announced a review of its Nickel West business in Australia. A sale of the nickel assets by the world’s largest miner by market capitalisation would aim to capitalise on a sharp rise in the market price of nickel in recent weeks, stimulated by concerns over supply constraints. BHP Billiton Limited (ADR) (NYSE:BHP) shares moved up 0.95% in last trading session and was closed at $71.43, while trading in range of $71.00 – $71.61. BHP Billiton Limited (ADR) (NYSE:BHP) year to date (YTD) performance is 6.56 %.
MarketLines’ Woodside Petroleum Limited (ADR) (OTCMKTS:WOPEY) Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Woodside Petroleum Limited since January 2007. These reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Woodside Petroleum Ltd. (ADR) (OTCMKTS:WOPEY) ended the last trading day at $38.77 .
Exxon Mobil (NYSE:XOM) is set to release its earnings data on Wednesday, May 14th. Exxon Mobil (NYSE:XOM) last released its earnings data on Thursday, May 1st. The company reported $2.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.88 by $0.22. The company had revenue of $106.77 billion for the quarter, compared to the consensus estimate of $109.76 million. During the same quarter in the prior year, the company posted $2.12 earnings per share. Exxon Mobil Corporation (NYSE:XOM) net profit margin is 9.80% and weekly performance is 0.37%. On last trading day company shares ended up $102.36. Analysts mean target price for the company is $100.89. Exxon Mobil Corporation (NYSE:XOM) distance from 50-day simple moving average (SMA50) is 5.31%.