News Headline Summary

Pre-market Australian stock news...

RIO Tinto (RIO AT)
- Co. posts FY net loss USD 2.99bln vs. Exp. USD 4.02bln loss; Co. boosts dividend. (Newswires)
- Co. says that Oyu Tolgoi copper mine won’t start until disagreements with Mongolian government are resolved. (Newswires)
- Co. sees China GDP growth returning above 8% in 2013. (Newswires)

White Eagle Resources (WEG AT)
- White Eagles gets 1-year extension for exploration license. (Newswires)

Broker Moves
- Alumina (AWC AT) cut to underperform at Credit Suisse.
- SAI Global (SAI AT) cut to neutral at Credit Suisse.
- GPT Group (GPT AT) cut to neutral at JPMorgan.
- Mirvac (MGR AT) raised to overweight at JPMorgan.
- Downer EDI (DOW AT) cut to neutral at JPMorgan.

15 Feb 2013 - 00:42 - - Source: Newswires

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