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Monday, August 25, 2014

BHP Billiton Announces 'Demerger', Earnings Miss



Investors.com http://ift.tt/YuJZFO BHP Billiton (BHP) announced plans Tuesday to spin off some of the mining assets that it acquired in an earlier merger to focus on its longer-term coal, copper and iron operations. The mining company also announced annual results that missed expectations. The Australian company will split its aluminum, coal, manganese, nickel and silver divisions into a separate company to be listed in Australia with a secondary listing in South Africa. Shares


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