Rio Tinto Plc Sponsored ADR (RIO)
Rio Tinto Faces Class Action Over Bougainville Mine Impact
A class action against Rio Tinto has been filed in a Papua New Guinea court in relation to a long-shuttered copper mine that it offloaded in 2016.
Rio Tinto downgraded as China problems not going away, suggests Citi
Rio Tinto has been hit with a downgrade from US bank Citi after a 27% rally over the past year has eroded its deep valuation discount. Citi adds that it still has Chinese macro concerns and despite incentive measures from the government there, there is still little support for steel demand all the property indicators are still in deep contraction.
Wall Street Bulls Look Optimistic About Rio Tinto (RIO): Should You Buy?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
