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This investor has a huge bet on Berkshire Hathaway and says Apple is overvalued

Warren Buffett may have a pessimistic tone, but this investor in Berkshire Hathaway says the stock is undervalued.

Christopher-bloomstran , Warren-buffett , Berkshire-hathaway , Semper-augustus-investments , Article-normal , Primary-metals , Ferrous-metals , Steel-cold-rolling-forming , Computers-consumer-electronics , Motor-vehicles , Passenger-cars

Rio Tinto Iron Ore Company of Canada Secures C$18.1M in Funding for Decarbonizing Production

By Adriano Marchese Rio Tinto Iron Ore Company of Canada was awarded 18.1 million Canadian dollars ($13.4 million) to support the company's reduction of...

Canada , Canadian , Adriano-marchese , Rio-tinto-iron-ore-company-of-canada , Tinto-iron-ore-company , Labrador-west , Article-normal , Metal-ore-mining , Primary-metals , Ferrous-metals , Basic-materials-resources , Mining-quarrying

Fortescue 1H Net Profit $3.34 Billion, Up 41% On-Year

By Rhiannon Hoyle Fortescue on Thursday reported a 41% rise in first-half net profit and raised its midyear payout to shareholders, reflecting an increase in...

Australia , Australian , Rhiannon-hoyle , Article-normal , Metal-ore-mining , Ferrous-metal-ore-mining , Primary-metals , Ferrous-metals , Basic-materials-resources , Mining-quarrying , Financial-performance

Fortescue 1H Net Profit Up 41%, Raises Dividend -- Update

By Rhiannon Hoyle Fortescue on Thursday reported a 41% rise in first-half net profit and raised its midyear payout to shareholders, reflecting an increase in...

Australia , Australian , Rhiannon-hoyle , Article-normal , Metal-ore-mining , Ferrous-metal-ore-mining , Primary-metals , Ferrous-metals , Basic-materials-resources , Mining-quarrying , Financial-performance

BHP No Longer Expects Copper Oversupply This Year -- Commodity Comment

By Rhiannon Hoyle BHP Group, the world's biggest miner by market value, on Tuesday reported a steep fall in first-half net profit due to impairment charges,...

India , Australia , China , Chinese , Rhiannon-hoyle , Southeast-asia , Article-normal , Metal-ore-mining , Primary-metals , Ferrous-metals , Basic-materials-resources

Mining stocks slip as China woes hit iron ore prices

Shares of global mining groups listed in London were under pressure Tuesday as concerns about weak growth in China pushed iron ore prices to their cheapest...

China , Singapore , London , City-of , United-kingdom , Article-normal , Metal-ore-mining , Ferrous-metal-ore-mining , Primary-metals , Ferrous-metals , Basic-materials-resources

BlueScope 1H Net Profit Down 27%; Expects Slightly Lower 2H Earnings -- Update

By Rhiannon Hoyle Australian steelmaker BlueScope Steel on Monday reported a 27% fall in first-half profit, reflecting weaker prices for its sales, and said...

United-states , Australia , America , Australian , Mark-vassella , Rhiannon-hoyle , Bluescope-steel , North-america , North-star , Article-normal , Primary-metals

BlueScope Steel 1H Net Profit A$439.3 Million, Down 27% On-Year

By Rhiannon Hoyle Australian steelmaker BlueScope Steel on Monday reported a 27% fall in first-half profit, reflecting weaker prices for its sales, and said...

Australia , Australian , Rhiannon-hoyle , Bluescope-steel , Article-normal , Primary-metals , Ferrous-metals , Steel-cold-rolling-forming , Basic-materials-resources , Steel-production , Financial-performance

Fastly, JFrog, Cisco, Applovin, Twilio, and More Stock Market Movers

Fastly’s fourth-quarter revenue misses Wall Street expectations and guidance disappoints, JFrog sees revenue rising 21% to 22% in 2024, while Cisco issues...

York-stock-exchange , Federal-reserve , New-york-stock-exchange , New-york-stock , Wall-street , Article-normal , Energy , Oil-and-gas-upstream-operations , Primary-metals , Ferrous-metals , Computers-consumer-electronics

Reliance Steel & Aluminum Raises Quarterly Dividend by 10% to $1.10

By Colin Kellaher Reliance Steel & Aluminum's board has raised the metals supplier's quarterly dividend by 10%, to $1.10 a share from $1.00. The new...

Colin-kellaher , Article-normal , Primary-metals , Ferrous-metals , Basic-materials-resources , Steel-production , Financial-performance , Earnings , Dividends , Corporate-actions , Corporate-industrial-news