Company Overview and News

 
Deals of the day-Mergers and acquisitions

25m reuters
May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:

 
METALS-Copper slides as optimism fades over U.S.-China trade talks

50m reuters
LONDON, May 23 (Reuters) - Copper fell 2 percent on Wednesday as U.S. President Donald Trump tempered optimism that a China-U.S. trade stand-off was at an end, knocking appetite for cyclical assets and helping pull the metal from the previous day’s near one-month high.

 
ASX drops for a fifth straight session

4h theage.com.au
Australian shares have closed the day lower despite a positive performance in early trade as it recorded its fifth consecutive fall.

 
ASX drops for a fifth straight session

4h smh.com.au
Australian shares have closed the day lower despite a positive performance in early trade as it recorded its fifth consecutive fall.

 
Rio Tinto in talks for Grasberg mine sale

7h businessnews.com.au
Rio Tinto has confirmed it is in talks about the potential purchase of its stake in the Indonesian Grasberg mine for $3.5 billion.

1
Rio seen ready to sign $4.4b deal to exit giant Indonesian copper mine

11h smh.com.au
Rio Tinto Group is ready to accept a $US3.5 billion ($4.4 billion) deal with Indonesia for its interest in the giant Grasberg copper and gold mine, according to people with knowledge of the discussions.

 
Rio seen ready to sign $4.4b deal to exit giant Indonesian copper mine

11h theage.com.au
Rio Tinto Group is ready to accept a $US3.5 billion ($4.4 billion) deal with Indonesia for its interest in the giant Grasberg copper and gold mine, according to people with knowledge of the discussions.

 
Australia's Rio Tinto in talks with Inalum, Freeport for Grasberg sale

12h reuters
(Reuters) - Rio Tinto Ltd (RIO.AX) on Wednesday confirmed it was in discussions with Inalum and Freeport-McMoRan (FCX.N) regarding a potential purchase of its stake in the Grasberg mine by Inalum, including the price.

 
Rio Tinto edges closer to Grasberg deal

12h australianmining.com.au
Rio Tinto has confirmed that PT Indonesia Asahan Aluminium (Inalum) is interested in buying its share in the Grasberg copper-gold mine in Indonesia.

 
Investor Confidence In Higher Copper Remains Strong

2018-05-21 seekingalpha
Copper equities have rallied significantly since last year, while the copper price is up 17% year-to-date.

 
Steel boss: Energy policy must deliver for heavy industry

2018-05-21 nzherald.co.nz
Energy-intensive heavy industry has a long-term future in New Zealand, but only if policies to decarbonise the economy can deliver a secure energy supply, says the outgoing chief executive of New Zealand Aluminium Smelters, Gretta Stephens, who will swap to be CEO at Bluescope's New Zealand Steel plant later this month.

 
Should my daughter invest in the sharemarket?

2018-05-19 smh.com.au
My 24-year-old daughter has received compensation from a third party motor vehicle claim. She has had $245,000 sitting in a Rabo Notice Saver Account earning around 2.7 per cent interest over the past three years. In that time she has combined overseas travel with casual work and has been using the $600 monthly interest to supplement her income. She is returning to Canada next month to work for the final six months of her two-year working holiday visa.

 
Rio Tinto a step closer to automating Pilbara train fleet

2018-05-18 smh.com.au
Rio Tinto has overcome another hurdle in the push to automate its 1700 kilometre Pilbara train network after being granted a world-first approval by the national regulator.

 
Regulator's tick for autonomous trains goes to Rio

2018-05-18 theage.com.au
The rise of machines that have been described as “the world’s largest and longest robots” - trains used to carry iron ore in the Pilbara - has stepped up a gear, with Rio Tinto getting approval for its autonomous trains from the rail safety regulator.

 
Regulator's tick for autonomous trains goes to Rio

2018-05-18 smh.com.au
The rise of machines that have been described as “the world’s largest and longest robots” - trains used to carry iron ore in the Pilbara - has stepped up a gear, with Rio Tinto getting approval for its autonomous trains from the rail safety regulator.

Related Articles

ANTH: Anthera Pharmaceuticals Analysis and Research Report

2018-05-21 - Asif

Overview Anthera Pharmaceuticals, Inc. is a biopharmaceutical company focused on advancing the development and commercialization of innovative medicines that benefit patients with unmet medical needs. The company currently have two compounds in development, Sollpura and blisibimod. The company licensed Sollpura from Eli Lilly & Co (“Eli Lilly”) in July 2014. Sollpura is a novel non-porcine investigational Pancreatic Enzyme Replacement Therapy (“PERT”) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (“EPI”), often seen in patients with cystic fibrosis and other conditions. The company licensed blisibimod from Amgen, Inc. (“Amgen”) in December 2007. Blisibimod targets B-cell activating factor, or BAFF, which has been shown to be elevated in a variety of B-cell mediated autoimmune diseases, including Immunoglobulin A nephropathy, or IgA nephropathy. Sollpura The exocrine pancreas is responsible for synthesis and secretion of digestive en...

AGEN: Agenus Inc Analysis and Research Report

2018-05-21 - Asif

Business Agenus is a clinical-stage immuno-oncology (“I-O”) company dedicated to becoming a leader in the discovery and development of innovative combination therapies and committed to bringing effective medicines to patients with cancer. The company's business is designed to drive success in I-O through speed, innovation, and effective combination therapies. Agenus has assembled fully integrated capabilities from novel target discovery, antibody generation, cell line development, and good manufacturing practice (“GMP”) manufacturing together with a comprehensive portfolio consisting of antibody-based therapeutics, adjuvants and cancer vaccine platforms. The company leverage its immune biology platforms to identify effective combination therapies for development and have developed productive partnerships to advance its innovation. The company believe the next generation of cancer treatment will build on clinically validated antibodies targeting CTLA-4 and PD-1 combined wi...

SQ: Square Analysis and Research Report

2018-05-21 - Asif

Business The company started Square in February 2009 to enable businesses (sellers) to accept card payments, an important capability that was previously inaccessible to many businesses. However, sellers also need innovative solutions to thrive, and Square has since expanded to provide additional products and services to give these businesses access to the same tools as large businesses. This approach aligns with its purpose of economic empowerment, as everything the company do should give sellers accessible, affordable tools to grow their businesses and participate in the economy. Square is a cohesive commerce ecosystem that helps its sellers start, run, and grow their businesses. The company combine sophisticated software with affordable hardware to enable sellers to turn mobile and computing devices into powerful payment and point-of-sale solutions. Square has high seller acceptance rates and fast onboarding, while maintaining low risk and fraud losses as a result of its a...