CAPITAL MARKETS

Bearish outlook for BHP, South32

INVESTEC has downgraded BHP Billiton to sell due to the weak outlook for the company and its spin...

Kristie Batten

It comes after the UK investment bank slashed its commodity price forecasts.   BHP’s earnings were downgraded after Investec’s iron ore price forecast was cut by 25% to $US56 per tonne in 2015-16.   EBITDA...

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