30 de octubre de 2014 / 8:23 / en 3 años

Brazil's Vale posts net loss on iron ore price, currency hit

RIO DE JANEIRO, Oct 30 (Reuters) - Brazil’s Vale on Thursday posted a net loss of $1.44 billion for the third quarter hurt by a fall in the price of iron ore and fluctuating exchange rates.

A Reuters poll of analysts had forecast net profit of $956 million.

The world’s largest iron ore producer reported EBITDA of $3 billion on net revenue of $9.1 billion. (Reporting by Stephen Eisenhammer and Jeb Blount; editing by Jason Neely)

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