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Emerging-market stocks retreated from a seven-month high as energy and consumer companies declined on concern valuations have outstripped potential earnings growth. ... Jiangxi Copper Co. slid 2.1 percent after a 61 percent slump in first-quarter profit. Read more...
PetroChina Co., China's largest oil and gas producer, sank 4.7 percent in Hong Kong after posting record-low profit. Jiangxi Copper Co., China's biggest producer of the metal, fell 2.1 percent after reporting a 61 percent slump in first-quarter net income.and more » Read more...
China's stocks fell the most in a week, led by commodity and technology companies, amid disappointing corporate earnings and a warning from the nation's securities regulator about the risk of investment losses. Jiangxi Copper Co., the biggest producer ... Read more...
36% of smelters see copper price to stay in the current range, noting that China's RRR cut had failed to boost Chinese shares, with bank stocks falling across the board last Monday. Furthermore, increasing investment in stock markets means players are ...and more » Read more...
Yet, the stock was still hammered on Monday. What the heck? In contrast Freeport-McMoRan, the minerals and mining play on copper, gold and oil, delivered a completely disastrous quarter. It lost $2.5 billion, and it even admitted that its copper ... Read more...