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Gold/Mining/Energy : Companhia Vale Do Rio Doce (RIO)
VALE 12.09+1.7%Oct 31 9:30 AM EDT

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From: JakeStraw5/22/2008 8:01:03 AM
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Vale (RIO), a diversified metals and mining company, has been upgraded to buy. For the fourth quarter, revenue increased 19% year over year to $9.35 billion, and earnings per share climbed to 57 cents from 35 cents. For 2008, the market expects an improvement in full-year EPS to $6.36 from $2.35 in 2007.

Return on equity has improved from the year-ago quarter to 35% and exceeds the industry average.
thestreet.com
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