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BHP Billiton Plummets After U.S. Asset Review, Notes 'Oil And Gas Markets Have Been Significantly Weaker Than The Industry Expected'
Friday, January 15, 2016 - 11:13am | 270Read More...Shares of BHP Billiton Limited (ADR) (NYSE: BHP) were trading lower by more than 8 percent Friday morning and hit a new 52-week low of $19.89. BHP Billiton disclosed that it expects to recognize an impairment charge of around $4.9 billion post-tax (approximately $7.2 billion pre-tax) against...
