Monday, February 22, 2016

BHP Billiton Posts Loss, Cuts Dividend

BHP Billiton Group (BHP, BLT.L, BHP.AX, BBL, BHPBF), Monday posted a half-year loss, hurt largely by a price collapse for oil, iron ore and other raw materials. The company also lowered its dividend as the world's biggest mining company plans to further strengthen its balance sheet and ensure financial flexibility.

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