Citi Sticks to Its Hold Rating for Fortescue Metals Group Ltd (FSUMF)
Citi analyst Paul McTaggart maintained a Hold rating on Fortescue Metals Group Ltd (FSUMF – Research Report) today and set a price target of ...
Bell Potter upgrades Fortescue Metals Group Ltd (FSUMF) to a Hold
Fortescue Metals Group Ltd (FSUMF – Research Report) received a Hold rating and a A$16.85 price target from Bell Potter analyst David Coates ...
Reuters4 天
Fortescue misses profit estimates, shares slide
MELBOURNE, Feb 20 (Reuters) - Fortescue (FMG.AX), opens new tab reported a slump in first-half profit on Thursday, missing analysts' forecasts, and said it was reconsidering the timeframes for ...
Wall Street Journal3 天
Fortescue’s First-Half Net Profit Halved
Fortescue FMG-6.22%decrease; red down pointing triangle, the world’s fourth-largest iron ore producer, on Thursday said its first-half net profit more than halved because of lower prices for the ...
Yahoo Finance4 天
Fortescue Profit Plunges as China’s Iron Ore Demand Declines
(Bloomberg) -- Fortescue Ltd.’s first-half profit plunged by 53% from the year before as demand for iron ore from biggest consumer China softened. The slump in net income to $1.55 billion for ...
Morningstar2 天
Reducing Fortescue's FVE by 3% on Cost and Capital Expenditure Headwinds
Fortescue is the world's fourth-largest iron ore exporter. Margins are well below industry leaders BHP and Rio Tinto, and some way behind Vale, meaning Fortescue sits in the highest half of the ...
Motley Fool Australia3 天
Why did the Fortescue share price just plunge 7%?
Learn More The Fortescue Ltd (ASX: FMG) share price is falling hard today. Shares in the S&P/ASX 200 Index (ASX: XJO) mining stock closed yesterday trading for $19.45. At the time of writing in ...
The Australian Financial Review4 天
Fortescue faces $1.8b native title compensation claim
Gift 5 articles to anyone you choose each month when you subscribe. Fortescue and the state of Western Australia have been hit with a $1.8 billion native title claim in an extraordinary escalation ...
The Australian Financial Review3 天
Fortescue reconsiders US hydrogen timeline after Trump win
Gift 5 articles to anyone you choose each month when you subscribe. Fortescue is considering pausing almost $1 billion of approved hydrogen projects in Australia and the United States as it ...
Mining Weekly4 天
Fortescue secures over 90% of Red Hawk
ASX-listed Fortescue has acquired a 90.09% stake in Red Hawk Mining through its wholly owned subsidiary FMG Pilbara, triggering a compulsory acquisition process. In a market notice issued on ...
The bull3 天
Fortescue Metals Shares (ASX: FMG) Move Red YTD as Margins Narrow
Fortescue Metals shares (ASX: FMG) moved 3.03% into the red year-to-date, as today’s update failed to live up to expectations. The FMG share price ended the day down 6.22% as $18.24, within the ...