Antofagasta News
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23-05-2012
- Officials warn Eurozone to prepare for Greek exit
- BoE policy makers 'finely balanced' on more QE
- CBO warns of US recession
23-05-2012
The blue-chip miners were dominating the fallers list on the Footsie by midday as metals prices dropped on concerns that the Chinese economy may be affected greatly by Greece leaving the euro: investment bank China International Capital Corp said today that the world's second-largest economy could see its lowest levels of growth in more than two decades in this scenario. Mining peers Vedanta Resources, Xstrata, Glencore, Kazakhmys, Fresnillo, Rio Tinto, Polymetal and Antogasta were suffering heavy losses.
23-05-2012
- Papademos says preparations being made for Greek exit
- CBO warns of US recession
- Chinese growth to be hampered if Greece leaves euro
22-05-2012
There were just a handful of stocks registering losses on Tuesday afternoon, mainly the defensives, as investors shifted back into 'riskier' assets following a week of heavy losses.
22-05-2012
- Miners wanted on Chinese stimulus speculation
- Fitch downgrades Japanese rating
- Markets await EU summit tomorrow, OECD backs eurobonds
22-05-2012
- ECB provides 100bn euros to Greece
- Markets await EU summit
- Miners, financials on the up early on
18-05-2012
Miners have been firmly under a cloud since Goldman Sachs lowered its forecast for second quarter growth in China's gross domestic product (GDP) to 7.9% from 8.5% previously, but today several stocks were seen to be rising.
17-05-2012
- Bank run speculation across Europe grips markets
- Barroso wants Greece to stay in Eurozone
- Moody's could downgrade Spanish banks
17-05-2012
- IMF tells Greece to stick to austerity
- FOMC expresses concerns over euro crisis
- Yields rise at Spanish bond auction, again
17-05-2012
Jefferies has reduced its target prices for miners under its coverage by around a tenth on average as macroeconomic concerns have increased in recent weeks.
17-05-2012
- Greek exit contagion fears grip markets again
- ECB stops support for some Greek banks
- FOMC reveal concerns over the euro crisis
17-05-2012
City sources predict the FTSE 100 will open up 14 points from yesterday's close of 5,405, tracking Asian stocks higher after Japan's economy expanded at an annualised rate of 4.1 percent in the first quarter of the year.
17-05-2012
Higher gold prices and improved production volumes of copper and gold gave Antofagasta a boost in the first quarter of 2012.
14-05-2012
Antofagasta, Avanti, Chariot, Dignity, Dixons, Henry Boot, IAG, Kesa, Logica, Mears, Shanks, Thomas Cook
04-05-2012
- Miners drop on macro concerns, Australian growth
- RBS rises after Q1 update
- Markets await US non-farm payrolls
04-05-2012
- RBA cut GDP forecasts for 2012
- Markets await US non-farm payrolls
- RBS rises after Q1 update, miners fall
03-05-2012
- Stocks pare gains after Draghi offers no hints
- US economic data comes in mixed
- Mining and oil stocks weigh on Footsie
03-05-2012
Falling metals prices and some disappointing trading updates from Antofagasta and Randgold Resources were weighing on the mining sector today.
03-05-2012
Shares in technology group Smith and Nephew marched ahead after profits and margins at medical beat both analysts' and management forecasts in the first quarter of 2012.
03-05-2012
- Investors await ECB decision
- Successful bond auctions in France, Spain
- Mixed reception to barrage of corporate updates
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