Vale Reports Third-Quarter Profit of $1.255 Billion, Down From $2.685 Billion
Vale reported third-quarter earnings of $1.255 billion, or $0.29 per share, compared with $2.685 billion, or $0.63 per share, a year earlier. Revenue rose 1.7%.
BRASILIA (dpa-AFX) - Vale S.A. (VALE) reported earnings for third quarter that Dropped, from the same period last yearThe company's earnings totaled $1.255 billion, or $0.29 per share. This compares with $2.685 billion, or $0.63 per share, last year.The company's revenue for the period rose 1.7% t…