Brazilian mining giant CVRD purchased the 45.5% stake in primary aluminum producer in Australia
Media Release
Jul. 3, 2006

Brazilian mining giant Companhia Vale do Rio Doce (RIO), or CVRD, purchased the 45.5% stake in primary aluminum producer Valesul Aluminio held by Australian mining giant BHP Billition (BHP), CVRD said in a statement Monday.

Brazilian mining giant CVRD purchased the 45.5% stake in primary aluminum producer in Australia
Media Release
Brazilian mining giant Companhia Vale do Rio Doce (RIO), or CVRD, purchased the 45.5% stake in primary aluminum producer Valesul Aluminio held by Australian mining giant BHP Billition (BHP), CVRD said in a statement Monday.
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United Auto Workers President Ron Gettelfinger is set to join the German-U.S. auto maker's supervisory board
Media Release
DaimlerChrysler AG (DCX) on Monday said United Auto Workers President Ron Gettelfinger is set to join the German-U.S. auto maker's supervisory board in July, succeeding Nate Gooden.
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Shareholders of U.K. defense contractor BAE Systems may reject sale of Airbus stake
Media Release
Shareholders of U.K. defense contractor BAE Systems may reject the sale of the group's 20% stake in embattled European plane maker Airbus after its valuation fell far shy of expectations.
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US Treasurys pared early losses Monday after a soft June manufacturing survey and May construction spending data
Media Release
Treasurys pared early losses Monday after a June manufacturing survey and May construction spending data came in below expectations, supporting the case for the Federal Reserves to take a pause in its rate-raising cycle.
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Alcoa was trading up 2% at $33, enough to make the aluminum company's stock the second-biggest percentage gainer in DOW
Media Release
Alcoa was trading up 2% at $33, enough to make the aluminum company's stock the second-biggest percentage gainer in DOW
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refining capacity in the U.S. to rise less than 1% a year through 2008, supporting higher forecasts for refining margins : UBS equity analysts
Media Release
UBS equity analysts told clients in a research note Monday that it expects refining capacity in the U.S. to rise less than 1% a year through 2008, supporting higher forecasts for refining margins.
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Oil major BP Plc said Monday its second-quarter refining margin jumped 50% from a year ago
Ajit Parker
Oil major BP Plc said Monday its second-quarter refining margin jumped 50% from a year ago, helping offset a greater-than-expected fall in production.
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Motorola completed the sale of its automotive electronics business to Continental AG for $1 billion
Media Release
Continental AG, based in Hanover, Germany, is a manufacturer of tires.
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The dollar fell to a more than three-week low versus the euro and rose against the yen after ISM report
Media Release
The dollar fell to a more than three-week low versus the euro and rose against the yen Monday, with many traders sidelined ahead of the Independence Day holiday.
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