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View Full Version : Vale Quarterly Net Drops as Iron-Ore, Metal Prices Fall - Bloomberg



NewsWhore
07-25-2012, 10:10 PM
Vale Quarterly Net Drops as Iron-Ore, Metal Prices Fall (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGJd-OFFIuOjc2IyYjtGN4MhtHoiA&url=http://www.bloomberg.com/news/2012-07-25/vale-quarterly-net-drops-as-iron-ore-metal-prices-fall.html)
Bloomberg
Professional Products · Bloomberg Anywhere · Bloomberg Tradebook ... Vale also booked a $1.69 billion financial loss stemming mainly from the depreciation of the Brazilian currency, which declined 9.1 percent against the dollar in the second quarter.

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