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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Norsk Hydro ASA (NHYDY: OTC Link) | Tito Bothelo Martins Junior leaving Hydro board

Category : World News

Tito Bothelo Martins Junior, who recently left Vale S.A to pursue a position outside the Vale-group, has resigned from the Board of Directors of Norsk Hydro ASA with immediate effect. Martins has been on Hydro’s Board of Directors since 2011.

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New bidders enter Port Vale talks

Category : Business

Keith Ryder remains committed to buying Port Vale, despite the administrators putting the troubled club back on the market.

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Vale (VALE) Q1 net profit nearly halved to $3.83B from $6.83B the year before after slowing growth in China pushed down the price of ore. Heavy rains that curtailed production were also a factor. Net revenue was $11.05B, largely in-line with…

Category : World News

Vale (VALE) Q1 net profit nearly halved to $3.83B from $6.83B the year before after slowing growth in China pushed down the price of ore. Heavy rains that curtailed production were also a factor. Net revenue was $11.05B, largely in-line with consensus and down 16% from the year before. Post your comment!

Follow this link: Vale (VALE) Q1 net profit nearly halved to $3.83B from $6.83B the year before after slowing growth in China pushed down the price of ore. Heavy rains that curtailed production were also a factor. Net revenue was $11.05B, largely in-line with…

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[[VALE]] has proposed a $3B ($0.59/share) initial 2012 dividend payout to shareholders. The mining giant previously announced it would pay at least $6B in dividends this year. It paid out $9B in 2011, after promising a minimum of $4B. (earlier)

Category : Stocks

VALE has proposed a $3B ($0.59/share) initial 2012 dividend payout to shareholders. The mining giant previously announced it would pay at least $6B in dividends this year. It paid out $9B in 2011, after promising a minimum of $4B. (earlier) Post your comment!

View original post here: [[VALE]] has proposed a $3B ($0.59/share) initial 2012 dividend payout to shareholders. The mining giant previously announced it would pay at least $6B in dividends this year. It paid out $9B in 2011, after promising a minimum of $4B. (earlier)

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‘Mad Money Lightning Round’: Go With Allot Communications.

Category : Business, Stocks

To see the full “Mad Money” Recap, please click here.

Click to view a price quote on VALE.

Click to research the Metals & Mining industry.

More here: ‘Mad Money Lightning Round’: Go With Allot Communications.

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Vale: Bracing for Tougher Times

Category : Stocks

The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage.

NEW YORK (Trefis) — After witnessing two years of spectacular growth on the back of skyrocketing iron ore prices, mining behemoth Vale is bracing itself for tougher times ahead due to the relatively bleak iron ore outlook. Last month, the company disappointed the market when its earnings missed expectations.

Furthermore, the company will have to pay $4 billion in a bid to settle royalty dispute with the Brazilian government. Additionally, the company could face charges related to the deaths of two workers in its mines last year. While the latter two are obviously company-specific issues, we expect that other miners such as Rio Tinto and BHP Billiton will also feel some pressure from the iron ore pricing dynamics going forward. Our price estimate for Vale stands at $31, implying a premium of about 25% to the current market price.

Click to view a price quote on VALE.

Click to research the Metals & Mining industry.

Read more: Vale: Bracing for Tougher Times

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Council seeks Vale administration

Category : World News

Stoke-on-Trent City Council wants to place Port Vale in administration, in order for the club to avoid liquidation.

Original post: Council seeks Vale administration

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Union, Vale at odds over safety reports

Category : World News

Members of Steelworkers Local 6500 in Sudbury are concerned about the process miners follow to alert management to safety hazards in Vale mines.

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Steelworkers union says fallen miner warned Vale in email

Category : World News

A report following an eight-month investigation by Steelworkers Local 6500 alleges nickel mining giant Vale failed to take all reasonable steps to prevent the deaths of two miners in Sudbury, Ont.

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For anyone keeping score (and the shareholders are), in early 2008, Xstrata (XSRAY.PK), rejected a $76B offer from Brazil’s [[VALE]]. Today, the board accepted Glencore’s (GLCNF.PK) $61.9B bid. (h/t Jeremy Warner)

Category : Stocks

For anyone keeping score (and the shareholders are), in early 2008, Xstrata (XSRAY.PK), rejected a $76B offer from Brazil’s VALE. Today, the board accepted Glencore’s (GLCNF.PK) $61.9B bid. (h/t Jeremy Warner) Post your comment!

Read more: For anyone keeping score (and the shareholders are), in early 2008, Xstrata (XSRAY.PK), rejected a $76B offer from Brazil’s [[VALE]]. Today, the board accepted Glencore’s (GLCNF.PK) $61.9B bid. (h/t Jeremy Warner)

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