Vale (VALE) rose 2.3% in Friday’s trading after reporting Q3 pro forma EBITDA of $3.51B, down 20% Y/Y and 14% Q/Q but above $3.32B expected by analysts surveyed by Bloomberg, and net operating revenues rose 2% Y/Y to $10.6B.
The Brazil-based Vale (VALE) rose 2.3% in Friday’s trading after reporting Q3 pro forma EBITDA of $3.51B, down 20% Y/Y and 14% Q/Q but above $3.32B expected by analysts surveyed by Bloomberg, and net operating revenues rose 2% Y/Y to $10.6B
The Brazil-based