BHP shares surge after buyback announcement
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Shares in BHP Billiton Ltd.   , the world's top miner, opened 5.3 percent higher on  Wednesday after it surprised the market with an additional  US$10 billion share buyback.
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BHP Billiton, the world's largest miner, has posted a record annual net profit of 10.45 billion US dollars and delivered an upbeat outlook amid unprecedented global demand for commodities.
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SYDNEY: Australia&#39;s BHP Billiton the world&#39;s biggest miner, said yesterday that China is likely to be a catalyst for an extended price rise in metals.
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THE share market finished sharply higher today, as resource giant BHP Billiton helped lead the market to a recovery from yesterday&#39;s falls.
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BHP Billiton Ltd./Plc.   the world's biggest miner, warned on Friday that big profits in  the industry on the back of soaring metals prices will not  necessarily mean more industry share buybacks.
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Shares in US private equity giant Blackstone surge as much as 45% on their first day of trading in New York.
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Business & money: BHP raises shares offer to Â£70bn mega deal, but China and Australia may fight potential monopoly
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The world's biggest miner, BHP Billiton Ltd./Plc.  , announced the surprise resignation of Chief Executive Chip Goodyear and set an extra $10 billion in share buybacks, driving its shares up 5 percent.
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BHP Billiton&#39;s record-breaking profit was driven by China&#39;s seemingly insatiable demand for commodities. Picture:Bloomberg ...
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BHP Billiton, the AngloAustralian mining group, announced plans yesterday to increase production amid surging demand for commodities.
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The Australian share market has rebounded and recovered almost all of its losses from yesterday. At the end of trade the All Ordinaries was 23.
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Shares in London rose on Tuesday thanks to a rebound in the mining sector.
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The world's biggest miner, BHP Billiton  Ltd./Plc.  , announced the surprise resignation  of Chief Executive Chip Goodyear and set an extra $10 billion  in share buybacks, driving its shares up 5 percent.
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The Australian share market renewed its climb Tuesday, led by gains on Wall Street and a turnaround in the miners that had driven the market to its biggest fall in six months the day before.
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BHP Billiton&#39;s Australian investors will collect $1.5 billion from a buyback announced by the global miner yesterday. But the move will leave foreigners with a stronger presence on the BHP share register because they can&#39;t participate.
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London equities made strong gains on Friday, as fresh bid activity energerised the mining sector.
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BHP Billiton, the world&#39;s largest miner, approved the $990 million Spence Copper Project in northern Chile and a $575 million expansion of its iron ore operations in Western Australia.