BHP Billiton PLC

LON100:BLT, Sep 24, 10:52 UTC FTSE 100 real-time data - Disclaimer Currency in GBP

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BHP sacks Minerals Council coal trog - MacroBusiness

BLT PSON

Access Subscriber Only Content. BHP sacks Minerals Council coal trog. Mr Henry is then understood to have expressed to the other members that BHP had lost confidence in Mr Pearson’s leadership. Sources close to the situation said the head of BHP’s Australian operations, Mike Henry, asked minerals council representatives to leave the meeting, leaving only member representatives present.

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macrobusiness.com.au
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BHP boss Andrew Mackenzie ‘has six months to save job’

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BHP’s embattled boss has been given six months to save his job amid simmering shareholder discontent over the mining giant’s lacklustre performance. Andrew Mackenzie is under growing pressure from investors, including the New York based activist Elliott, to boost their returns. New chairman Ken MacKenzie (no relation) has held talks with more than 100 shareholders over recent months. Last week the chairman backed a review of the boardroom make-up.

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thetimes.co.uk
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Clampdown at mining giant as chariman's pay and perks cut

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Clampdown at mining giant as chairman's pay and perks cut in annual review. The company said the cut, effective from the beginning of last July, was ‘an outcome supported by the new chairman’. A third of FTSE 100 firms have been subjected to a pay revolt vote of more than 20% in the past four years. Earlier this month an investigation by The Mail on Sunday revealed that almost a third of FTSE 100 firms have been subjected to a pay revolt vote of more than 20 per cent in the past four years.

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thisismoney.co.uk
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BHP's $50 billion shale oil blunder - ABC News (Australian Broadcasting Corporation)

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February 2011 turned out to be the top of the market for both oil and BHP. Energy analysts value BHP shale assets at around $13 billion compared to $50 billion invested. Nonetheless, it is hard to see if the analysts are correct how BHP won't drop up to $35 billion on the shale adventure. Mr Kloppers' successor Andrew Mackenzie was pretty much to the point with investors as he announced the retreat from shale oil at the 2017 results briefing.

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abc.net.au
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The Zacks Analyst Blog Highlights: Mastercard, Netflix, Honeywell International, Goldman Sachs Group and BHP Billiton

BLT NFLX +2 more BLT NFLX MA HON

(You can read the full research report on Netflix here >>> ). The Zacks Analyst Blog Highlights: Mastercard, Netflix, Honeywell International, Goldman Sachs Group and BHP Billiton. Get #1 Stock of the Day pick for free . Get the full Report on GS - FREE.

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nasdaq.com
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Rio Tinto Vs. BHP Billiton: A Pairs Trade for the RBA's Top In Iron Ore

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BHP Billiton: A Pairs Trade for the RBA’s Top In Iron Ore. Surprisingly, the RBA called a top in the price of iron ore (emphasis mine):. A peak in iron ore prices should eventually put pressure on the Australian dollar. With the higher exposure to iron ore, RIO becomes the target for the short side of the pairs trade.

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Better Buy: Teck Resources Ltd vs. BHP Billiton Limited

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Looking at the pair's financial situation, Teck and BHP have similar debt levels. Teck's business is made up of steelmaking coal, copper, and zinc. It will also turn oil from a business that was all cost to one that starts producing revenues. More recently BHP has been under pressure from activist investors to trim down its oil business, too.

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The Zacks Analyst Blog Highlights: Mastercard, Netflix, Honeywell International, Goldman Sachs Group and BHP Billiton

BLT NFLX +2 more BLT NFLX MA HON

(You can read the full research report on Netflix here >>>). The Zacks Analyst Blog Highlights: Mastercard, Netflix, Honeywell International, Goldman Sachs Group and BHP Billiton. Get the full Report on BHP - FREE. Get the full Report on MA - FREE.

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finance.yahoo.com
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Form 6-K BHP BILLITON LTD For: Sep 22 Filed by: BHP BILLITON PLC

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(Exact name of Registrant as specified in its charter). Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐. This announcement is for informational purposes only and is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of consents with respect to any securities. The communication of the Offer to Purchase and any other documents or materials relating to the Tender Offers were not being made by, and such documents and/or materials have not been approved, by an authorized person for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended.

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streetinsider.com
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TOP NEWS SUMMARY: Pound Flat Ahead Of May's Brexit Speech In Florence - Finance News

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----------Over-50s life insurer and travel agent Saga said pretax profit in the six months to the end of July dipped 6.3% to GBP103.0 million from GBP109.9 million the year before after booking charges to write-off debt and losses on derivatives. The additional commitment means Rio Tinto has announced share buybacks totalling USD4.00 billion in 2017 alone, following previous announcements in August and February this year. The composite output index rose unexpectedly for the consecutive second month in September, to 57.8 from 55.8 in August. While service sector activity showed the largest rise since May, the increase in manufacturing output was the greatest since April 2011. The services Purchasing Managers' Index increased to 55.6 from 54.7 in August.

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iii.co.uk lse.co.uk
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South32 Appoints Two Non-Executive Directors From BHP And Rio Tinto - Finance News

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Our success relies on a strong team made up of a diverse range of experience, skills and perspectives, and with these appointments in place, we are well positioned to support the development of the company's culture and strategy," said Chairman David Crawford. Wood is currently a non-executive director at Djerriwarrh Investments Ltd, but her most recent executive role was acting president of corporate affairs and the permanent president of people and public affairs at BHP Billiton PLC, from mid-2013 to 2014. She first joined BHP as group company secretary in 2001 before becoming chief people officer in 2007. South 32 had been part of BHP Billiton until being spun out as a separately listed company in May 2015. Currently a non-executive director at Newcrest Mining Ltd and Iluka Resources Ltd, Liu's most recent executive role was as president and chief executive officer of the Rio Tinto Minerals segment of mining company Rio Tinto PLC, which she held from 2011 to 2014. Prior to that she was president of Primary Metal Pacific, a business unit of Rio Tinto Alcan for four years from 2007 to 2011. "The appointments of Xiaoling and Karen will significantly enhance the diversity of South32's board. Shares in South32 were down 0.4% at 187.00 pence on Friday. By Dayo Laniyan;

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iii.co.uk lse.co.uk
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LONDON BRIEFING: UK PM Seeks To Revive Brexit In City Of Renaissance

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The UK prime minister will set out her plans for a transitional period from the formal date of Brexit in March 2019, expected to last two years, before moving to a permanent trade deal. ----------Rio Tinto said it has committed an additional USD2.50 billion to its ongoing share buyback programme as it returns the proceeds from its recent sale of Coal & Allied to shareholders. ----------COMPANIES - LONDON MAIN MARKET AND AIM----------Ryanair Holdings is "rushing" to recruit 120 new pilots to avoid the prospect of further cancelled flights, Sky News reported. Sky News reported one clause saying pilots had to have logged 800 flying hours over the past year would have made most ineligible for the bonus.

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iii.co.uk
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BHP to carry out biofuelled shipping experiment - Splash 247

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Find the latest maritime and shipping news on Splash 24/7. Read the latest news about bunkering. News are sorted by release date, from the latest to the oldest. Find the latest maritime and shipping news on Splash 24/7. Get the updated list of the latest maritime environment related news. A roundtable this week organised by the Maritime and Port Authority of Singapore (MPA), BHP and GoodFuels Marine brought together shipowners of different ship types to network, share insights into the use of biofuels to meet increasingly stringent environmental regulations as well as explore areas of collaboration.

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splash247.com
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Fitch affirms BHP Billiton at 'A+'

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com - Fitch Ratings has affirmed BHP Billiton's long-term issuer default rating at 'A+'. Fitch affirms BHP Billiton at 'A+'. Latest share price and company details:. LATEST STOCK MARKET NEWS AND OFFERS.

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stockmarketwire.com
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TOP NEWS: BHP Reduces Debt By USD2.9 Billion Via Bond Repurchase (ALLISS)

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Of the US bonds, a total of USD765.6 million worth of its 3.85% senior notes due in 2023 have been repurchased, leaving USD734.4 million outstanding. The multi-commodity blue-chip has paid USD2.90 billion in total, spending USD1.90 billion repurchasing euro and sterling bonds and a further USD1.00 billion on US bonds. BHP, when it launched the bond-repurchase programme, said it was using its USD14.20 billion cash position to make a material reduction in its debt from the USD16.30 billion balance reported at the end of June. The offer should be enough to see debt trimmed to well within BHP's desired debt target between USD10.00 billion to USD15.00 billion target.

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iii.co.uk lse.co.uk
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