July 13 (Bloomberg) -- KeeneOnTheMarket.com's Andrew Keene discusses why he likes Apple stock, and where he thinks it's headed with earnings on the horizon. He joins Alix Steel and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)
BHP Billiton Ltd. , Vale SA and Rio Tinto Group , the world’s three largest mining companies, are set for record profit totaling $52 billion as they accelerate earnings growth at the expense of their biggest customers.
Glencore International Plc, seeking to buy Xstrata Plc for 24 billion pounds ($38.2 billion), is likely to raise its agreed all-share offer in April by as much as 18 percent, according to HSBC Holdings Plc.
The world’s eight largest potash miners, whose market control already exceeds that of oil cartel OPEC, are poised to tighten their grip on prices of the crop fertilizer as proposed mergers consolidate sales channels.
U.S. options prices soared the most in four years and volume jumped to a record 35 million contracts as investors scrambled to buy protection against greater stock- market losses as worsening economic data sent stocks to the largest losing streak since the bull market began.