Wednesday, February 27, 2013

FOXBusiness.com: Brazil's Vale Reports Bigger-Than-Expected Loss in 4th Quarter

FOXBusiness.com
FOX Business Network - The Power to Prosper
Brazil's Vale Reports Bigger-Than-Expected Loss in 4th Quarter
Feb 27th 2013, 23:09

Brazilian mining giant Vale SA (VALE, VALE5.BR) chalked up a net loss for the first time in more than a decade Wednesday, as billions of dollars in write-downs hammered its fourth-quarter results.

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