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View Full Version : Vale Net Income Rises 22% on Record Iron-Ore Prices (Update3) - Bloomberg



NewsWhore
08-06-2008, 08:10 PM
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Vale Net Income Rises 22% on Record Iron-Ore Prices (Update3) (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaKnezoTIIbHM%26refer%3Dlatin_america&cid=0&ei=bj2aSIjBEIbW-wGd3fCFDg&usg=AFQjCNE7uU00wPgu7S6DaJGRGFm0Zi5pBA)
Bloomberg - 16 minutes ago
Based on Brazilian accounting standards, profit fell 22 percent as a weaker dollar eroded the value of exports when converted back into the local currency. ...


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