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09 February 2012 Rio Tinto

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Rio Tinto 09/02/2012

18:42 : Tom Albanese didn't deserve a bonus. But he does deserve a little credit - Rio Tinto took a big hit from Albanese's ambitious dealmaking – even current success can't disguise thatMany would say Tom Albanese, chief executive of Rio Tinto, received a bonus when he kept his job. His bet on Alcan ...
Source : guardian-co-uk
15:13 : Rio Tinto chief executive continues to pay high price for Alcan acquisition - The aluminium firm that has cost Tom Albanese his bonus was the subject of a hard-fought battle in 2007Alcan, formerly known as the Aluminium Company of Canada, became the subject of a fierce bidding war in the summer of 2007, eventually ...
Source : guardian-co-uk
14:43 : Rio Tinto swings to loss after aluminium writeoff - LONDON/MELBOURNE (Reuters) - Global miner Rio Tinto took an $8.9 billion (5.6 billion pounds) charge on its struggling aluminium business on Thursday, triggering a second-half net loss amid a gloomy medium-term outlook for the metal.
Source : reuters-com
10:59 : Oils pull FTSE higher on BG results; miners down - LONDON (Reuters) - The top shares index moved higher on Thursday influenced by a big batch of blue chip results, with energy issues the top gainers after strong results from BG Group, but disappointments from miner Rio Tinto ...
Source : reuters-com
09:36 : Rio Tinto chief Tom Albanese waives bonus after profits drop on aluminium ... - Rio Tinto chief executive Tom Albanese has waived his bonus after an $8.9bn charge on the miner's aluminium business pushed it into the red in the second half and led to a 35pc fall in full-year profits.
Source : telegraph-co-uk
09:18 : Rio Tinto's Albanese becomes latest FTSE boss to give up bonus - Mining group wrote down the value of aluminium division Alcan, bought in 2007 during a record-breaking takeover battle, by $8.9bnThe boss of global mining group Rio Tinto has become the second FTSE 100 chief executive in as ...
Source : guardian-co-uk
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