Article Abstract:
As British-based mining company Rio Tinto PLC enjoys the financial growth of a booming commodities market, investors are expressing concern that the company has not revealed its plans to stave off a potential earnings decline if the market cools. Nontheless, the company's chief executive officer, Leigh Clifford, is playing down growth concerns and has been reticent about any plans for making acquisitions or returning cash to shareholders.
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Article Abstract:
Anglo American PLC's 2002 net profit dropped by 49% as the company offered a cautious forecast for its main businesses. Anglo posted 41.56 billion (1.44 billion euros) in net profits for the year.
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Article Abstract:
Hanson PLC is forecasting lower profits for the 2003 first half period. The company said that it still must deal with pending legal action related to asbestos.
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