Home › Download › VALE (VALE $17.74, Rating Neutral; price target lowered to $22 from $25) LOWER ESTIMATED NICKEL OUTPUT HURTS LONG TERM EARNINGS; LOWER ESTIMATED 2012 COPPER OUTPUT, IRON ORE, AND NICKEL PRICES 11/13/2012

VALE (VALE $17.74, Rating Neutral; price target lowered to $22 from $25) LOWER ESTIMATED NICKEL OUTPUT HURTS LONG TERM EARNINGS; LOWER ESTIMATED 2012 COPPER OUTPUT, IRON ORE, AND NICKEL PRICES 11/13/2012

VALE (VALE $17.74, Rating Neutral; price target lowered to $22 from $25)
LOWER ESTIMATED NICKEL OUTPUT HURTS LONG TERM EARNINGS;
LOWER ESTIMATED 2012 COPPER OUTPUT, IRON ORE, AND NICKEL PRICES 11/13/2012