Stocks Retreat on New Development: BHP Billiton (NYSE:BHP), Yahoo! Inc. (NASDAQ:YHOO)

BHP Billiton Limited (NYSE:BHP) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -3.88% to $36.96. The union for striking workers at BHP Billiton’s Escondida in Chile, the world’s largest copper mine, said after meeting with the company on Monday that it was open to further conversations that could lead to reopening negotiations.

“At this time, both parties are doing their own evaluation. Depending on the status of that evaluation, this could go forward,” union spokesman Carlos Allendes told reporters in the city of Antofagasta.”We’re going to see if that could put in place a dialogue going forward. We’re hopeful. We have the willingness, and we’re going to wait.”The union was unclear when further conversations might occur, but Allendes said union leaders might sit down with BHP representatives as early as Monday night. The share price of BHP attracts active investors, as stock price of week volatility recorded 2.32%. The stock is going forward to its 52-week low with 62.78% and lagging behind from its 52-week high price with -9.66%.

Yahoo! Inc. (NASDAQ:YHOO) [Trend Analysis] plunged reacts as active mover, shares a decrease -2.14% to trade at $45.77 and the percentage gap between open changing to regular change was 0.49%. The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Northern District of California on behalf of investors who purchased Yahoo! Inc. (YHOO) securities between November 12, 2013 and December 14, 2016.On September 22, 2016, Yahoo! disclosed that hackers stole information in late 2014 on more than 500 million user accounts. This news drove the price of Yahoo! shares down more than 3 percent. Then, on December 14, 2016, Defendants disclosed that in August 2013 hackers stole information on more than 1 billion user accounts. The firm’s current ratio calculated as 6.30 for the most recent quarter. The firm past twelve months price to sales ratio was 8.47 and price to cash ratio remained 6.42. As far as the returns are concern, the return on equity was recorded as -0.70% and return on investment was -1.60% while its return on asset stayed at -0.40%. The firm has total debt to equity ratio measured as 0.04.

 

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