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Forbes (Free subscription) | 08/25/2008
... Foreign Investment Review Board. "It is very standard. There were no new rules for Chinalco," said Tony Robson, an analyst for BMO Capital Markets. Chinalco bought 9% of Rio in February for $14.1 billion (See " .") But Chinalco would need to obtain regulatory approval from Canberra if it wants to raise its stake to 15% or above. Below 15%, it cannot appoint a director to Rio’s board.Rival...
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Seeking Alpha (Free subscription) | 07/24/2008
FP Trading Desk submits: Xstrata PLC (XSRAF.PK) has become one of the great mining success stories of recent years, growing into a $70-billion giant through a wave of acquisitions. But BMO Capital Markets analyst Tony Robson expects the dramatic earnings growth to tail off next year, and figures that it is not as attractively valued as some other big-cap mining stocks. He initiated coverage...
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Forbes (Free subscription) | 07/18/2008
... appear that Cleveland-Cliffs management didn’t run the deal past Harbinger Capital Partners," said Tony Robson, an analyst at BMO Capital Markets. Cleveland-Cliffs did not return requests for comment by the time this article was published.Mark Parr of KeyBanc Capital Markets noted that Harbinger had bought an additional 750,000 shares of Cleveland-Cliff stock Wednesday--which would...
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Forbes (Free subscription) | 07/18/2008
... appear that Cleveland-Cliffs management didn’t run the deal past Harbinger Capital Partners," said Tony Robson, an analyst at BMO Capital Markets. Cleveland-Cliffs did not return requests for comment by the time this article was published.Mark Parr of KeyBanc Capital Markets noted that Harbinger had bought an additional 750,000 shares of Cleveland-Cliff stock Wednesday--which would...
