Tuesday, February 21, 2017

BHP Billiton Posts Profit In H1, Ups Dividend; Approves $2.5 Bln Bond Repurchase

Anglo-Australian mining giant BHP Billiton plc reported Tuesday a profit in its first half, compared to last year's hefty loss on sharply lower one charges. Underlying EBITDA, a key earnings metric, climbed 65 percent with higher production and prices. The company further lifted its dividend by 150 percent.

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