HSBC Upgrades Vale (RIO) to Neutral
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HSBC upgrades Vale (NYSE: RIO) from Underweight to Neutral.
Companhia Vale do Rio Doce (Vale) is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets. It also produces bauxite, alumina, aluminum, copper, coal, cobalt, precious metals, potash and other products.
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