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View Full Version : Batista's MMX Posts Loss as Weaker Real Boosts Debt Costs - Bloomberg



NewsWhore
11-07-2011, 09:20 PM
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Batista&#39;s MMX Posts Loss as Weaker Real Boosts Debt Costs (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHQKihYrvFBNAe9kbPbhl8z6VnhEg&url=http://www.bloomberg.com/news/2011-11-07/batista-s-mmx-posts-loss-as-weaker-real-boosts-debt-costs-1-.html)
Bloomberg
The weaker real increased the value of the company&#39;s foreign debt in local-currency terms. Iron-ore production rose 1 percent in the quarter to 1.91 million metric tons, while sales of the steelmaking ingredient jumped 20 percent from last year to a ...

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