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RBC Lowers Vale Price Target After 'Enormous Tragedy' In Brazil, Anticipates $10B Liability
Monday, February 4, 2019 - 3:56pm | 387Read More...Brazilian mine operator Vale SA (NYSE: VALE) dominated news headlines after one of its dams in the town of Brumadinho burst, killing dozens of people, with hundreds still missing. The fallout could weigh on investor sentiment and the stock, according to RBC Capital Markets. The Analyst...
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Vale's Stock Tanks As Dam Disaster Death Toll Rises
Monday, January 28, 2019 - 10:43am | 482Read More...Vale SA (NYSE: VALE) stock plummeted for the second consecutive session on Monday following a damn collapse on one of its Properties in Brazil last week. What Happened On Friday, Vale stock dropped 8 percent after a damn on the company’s Corrego do Feijao mine near Brumadinho, Brazil...
