News Headline Summary

Pre-market Australian stock news...

Rio Tinto (RIO AT)
- Co. delays part of USD 2.1bln underground project at Argyle diamond mine. (AFR)
- Co. welcomes Australian Competition Tribunal decision on rail network access which grants Rio Tinto exclusive use of Hamersley and Robe lines. (Newswires)

Coates Hire (COA AT)
- Co. may seek offer of more than AUD 3bln. (AFR)

BHP Billiton (BHP AT)
- Colombia President calls for urgent talks on Cerrejon coal mine strike. (Newswires)

Buru (BRU AT)
- RISC’s best estimate of Laurel Formation tight gas accumulation contains unrisked gross recoverable volume of 47 TCF of gas, 1,177m bbls concentrate. (Newswires)

- Completes purchase of UK’s Severn Trent Analytical Services. (Newswires)

- To maintain monopoly over Australian clearing. (AFR)

- Co. Jan. total sales grow 11.7%, H1 net profit AUD 82.1mln vs. Exp. AUD 74.6mln. (Newswires)

Broker moves
- ANZ (ANZ AT) cut to neutral from buy, PT AUD 26.50 at Goldman Sachs.

10 Feb 2013 - 22:43 - Equities - Source: Newswires/Australian Financial Review

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