CAPITAL MARKETS

CVRD's profit to be up

ANALYSTS expect Brazilian iron ore major CVRD to record a sharply increased fourth quarter profit result due to strong Chinese demand and high prices.

Michael Quinn
CVRD's profit to be up

According to a Reuters survey of five analysts, CVRD will make 1.9 billion reais (or $US684 million) for the quarter, some 140% more than the previous corresponding period. However the result is down...

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