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View Full Version : Vale Posts Third-Quarter Net Income of $4.94 Billion - Bloomberg



NewsWhore
10-26-2011, 06:40 PM
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Vale Posts Third-Quarter Net Income of $4.94 Billion (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF9ts6xo9KCVfybTbHdKbnLd7u-3A&url=http://www.bloomberg.com/news/2011-10-26/vale-posts-third-quarter-net-income-of-4-94-billion.html)
Bloomberg
The company posted a financial loss of $2.19 billion related to the currency drop, while sales rose 16 percent to $16.4 billion. Vale dropped to its lowest in more than two months on Oct. 20 after iron-ore prices slumped on concern China, ...

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