We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
BHP Group Limited | ASX:BHP | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.11 | 2.56% | 44.285 | 44.28 | 44.29 | 44.44 | 44.10 | 44.15 | 3,347,843 | 04:06:23 |
23:22 GMT [Dow Jones] BHP Billiton (BHP) has for the first time given some detail on where its knife is cutting, UBS analysts say. They note that the miner in a briefing to investors in London has said that out of its overall cost-savings target, about US$2.1 billion is set to come out of iron ore, US$500 million from petroleum, US$400 million from coal, US$300 million from copper and US$200 million from corporate operations. The analysts say BHP also aims to reduce capex relative to its current targets while maintaining growth plans. Production from BHP's core portfolio of operations is expected to grow 23% over the two years to the end of FY15, ahead of the 16% growth mentioned at the company's full-year results. UBS has a buy recommendation on BHP and A$42/share target. BHP is trading down 1.1% at A$33.43. (robb.stewart@wsj.com; Twitter: @RobbMStewart)
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year BHP Chart |
1 Month BHP Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions