Tuesday, February 26, 2013

FOXBusiness.com: Brazil's Vale Seen Reporting First Quarterly Loss Since 2002

FOXBusiness.com
FOX Business Network - The Power to Prosper
Brazil's Vale Seen Reporting First Quarterly Loss Since 2002
Feb 26th 2013, 21:10

Brazilian mining major Vale SA (VALE VALE5.BR) will likely report its first quarterly loss in more than a decade Wednesday, as multi-billion dollar write-downs offset improvements in the company's operations.

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