jumped Friday after the company unveiled its largest annual investment program to dat stock investment,Companhia Vale do Rio Doce SA said late Thursday its board had approved an investment budget of US$11 billion for 2008 stock investment, the first part of a five-year US$59 billion investment plan. By comparison, between 2003-2007, CVRD invested US$18 billion [...]
Cia. Vale do Rio Doce, the world’s largest iron-ore producer stock investment, approved a 2008 global investment budget of $11 billion to boost output of the steel stock investment -making ingredient and other metals to meet soaring Chinese demand.
Tags: exec, Investment Plan, stock exchange, Stock Investment
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