ADVFN - Advanced Financial Network.
HOME» NYSE » C » RIO Stock Price » RIO Stock News

Companhia Vale Share News

 Companhia Vale Do Rio Doce Stock Price
RIO Stock Price
 Companhia Vale Do Rio Doce Stock Chart
RIO Stock Chart
 Companhia Vale Do Rio Doce Stock News
RIO Stock News
 Companhia Vale Do Rio Doce Company Information
RIO Company Information
 Companhia Vale Do Rio Doce Stock Trades
RIO Stock Trades

Rio Tinto Urged to Amend Remuneration Policy

Rio Tinto PLC (RIO) faces calls from pension funds and shareholders to amend a loophole in its executive remuneration policy that could deliver performance bonuses to management even in bad years for the mining company, The Age reported Tuesday. Investors have told Rio Tinto they are concerned a change in a long-term incentive known as the performance share plan has significantly improved the chances of top executives being awarded bonuses, which can amount to 190% of their salaries, the newspaper said, citing an unnamed investor. The Age said a spokesman for the company declined to comment but said consultations with shareholders were ongoing. In a speech in London last week, Rio Tinto Chairman Jan du Plessis urged an end to excessive remuneration for corporate executives. "It is absolutely clear that the spiral in executive remuneration we have seen over the last two decades simply cannot continue," Mr. du Plessis said. Newspaper website: Write to Dow Jones Newswires at Copyright (c) 2012 Dow Jones & Company, Inc.

Stock News for Companhia Vale (RIO)
10/01/201522:20:00Asian Shares Lower as Investors Await U.S. Jobs Data
09/29/201521:30:00Rio Tinto Sells Australian Coal Asset for $606 Million
09/28/201518:41:00ADRs End Lower; Oil Majors, Raw-Materials Firms Decline
09/22/201515:25:00Global Mining Stocks Plunge on Fed, China Demand Fears
09/22/201511:25:00Glencore Leads Mining Stocks Lower on China Concerns -- Update
09/22/201508:10:00Mining Stocks Fall Sharply on China Concerns
09/22/201507:55:00Mining Stocks Fall Sharply on Concerns Over China Economy
09/21/201503:11:00Australia Shares End Sharply Lower on Growth Concerns
09/15/201514:24:00Glencore Gives New Details on Debt-Reduction Plan --Update
09/15/201510:02:00Glencore Shares Hit New Low -- Update
09/15/201509:10:00Glencore Shares Hit New Low
09/15/201509:00:00Glencore Shares Hit New Low After Announcing Debt Rescue Plan
09/03/201502:58:00Rio Tinto Sees Solid Demand for Iron Ore and Steel
09/03/201500:02:00Rio Tinto Upbeat on Steel Outlook, Doubles Down on Costs
09/01/201514:30:00Rio Tinto contribue financièrement à la construction du pavillon d...
08/26/201504:05:00Anglo Pacific Net Loss Narrows on Higher Royalty Income
08/24/201517:37:00ADRs End Lower; Chinese, Commodities Firms Decline
08/20/201505:59:00From Mining to Refining: Low Commodity Prices Force Shift at...
08/16/201522:19:46Is A$100 a Share Cursed? -- Market Talk
08/13/201506:10:03Glencore Hit by Write-Down, Cuts Capital Spending

Companhia Vale and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations