Dear PGM CAPITAL Blog readers, today, July 15th 2011, BHP Billiton Ltd, world biggest and most diversified mining corporation [ASX: BHP, NYSE: BHP, LSE: BLT, JSE: BIL] and Petrohawk Energy Corporation (“Petrohawk”) [NYSE: HK] announced they have entered into a definitive agreement for BHP Billiton to acquire Petrohawk for US$38.75 per share by means of[…]
Dear PGM CAPITAL Blog readers, Today, Monday July 11th 2011, Peabody Energy (NYSE: BTU) and ArcelorMittal SA (NYSE: MT) confirmed that they have jointly submitted an indicative proposal to the board of directors of Macarthur Coal Ltd. (ASX: MCC) to acquire all of the shares of the company. Highlights: Under the proposal by a newly formed[…]
Dear PGM CAPITAL blog readers, Yesterday, Thursday July 7th 2011, BP Prudhoe Bay Royalty Trust (NYSE: BPT) announces that the dividend information for the Second Quarter of 2011 is as follows: Ex-Dividend Date: July 14, 2011 Record Date: July 18, 2011 Payable Date: July 20, 2011 Dividend Rate: $ 2.6423941 per Unit Note: Actual[…]
Dear PGM CAPITAL blog reader, on Wednesday, July 6th 2011, the Central of China, announced that it will increase interest rates, for the third time this year, by 25 basis points. The new rates take effect on Thursday July 7th 2011. The rate paid on one-year deposits will rise to 3.5 percent and the rate for[…]
Dear PGM CAPITAL Blog reader, In our efforts to provide you with the best and ahead-of-the curve information, market analysis and updates, we have today, July 5th 2011 launched our Facebook Site. On this site we’ll post and forward important financial information from third parties as well as from our blog, to enable you to[…]