The largest commodity carriers are poised to profit for the first time this year as Australia exports near-record amounts of coal, diminishing a glut of ships that caused rates to drop as much as 99 percent since 2008.
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.
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.
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.