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1970-01-01 00:00 
Copper Spot News- Check out best bets for crude, gold, copper
- The doctor’s diagnosis on the great world economy
- Persistent selling mars indices
- World stocks, euro off lows on ECB easing hopes
- US market exceedingly weak, buy gold on dips: Fat Prophets
- Sterlite: Weak outlook priced in
- Sterlite Industries, Hindalco hit 52-week low on falling copper prices
- Copper to remain uninspiring, range-bound in short term
- Hindustan Copper sees prices staying high
- Some workers return to Freeport Indonesia copper mine
- Commodities Fall, Copper Drops to 9-Month Low on Europe Concerns
- Copper Sinks to 9-Month Low as Euro Worries Mount
- Copper hovers around its year-low
- Angel Broking`s view on Crude Oil, Copper, Silver
- ‘Scrap iron industry stunted by Govt’
- Orlando-area metal thieves target power poles, street signs, AC units
- Lawmakers dueling over proposed Alaska gold mine
- China Aug commodity imports shows economy resilient
- BHP Billiton’s Coal Miners Resume Strikes After Talks Fail
- First Quantum lines up USD 1 billion in financing
Feb
9
One-Time Charges Hurt Otherwise Decent Half for BHP Billiton Limited (BHP).
February 9, 2010 | Leave a Comment
BHP Billiton Limited (NYSE: BHP), despite a $5.7 billion dip in profits for the first half of the fiscal year, topped forecasts when it reported earnings on Tuesday evening.
Net profit for the six months (ended Dec. 31) was $6.14 billion, more than double the $2.62 billion the miner posted a year earlier. But, when factoring in one-time extraordinary expenses, profits fell 7% from the previous year’s first half – to $5.7 billion from $6.13 billion. That was still good enough to beat analyst guesses of $5.1 billion though. Revenue in the first half of the fiscal fell 17.5%, from $29.78 billion to $24.58 billion.
BHP Billiton Limited said the last six months showed improvement in terms of global economic strength, but the company reiterated caution about the strength and speed of the recovery.
Analysts feel BHP Billiton Limited will earn $3.39 per share (the ADR) for the current year ending on June 10th, and will earn $5.59 per share in the following year.