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Fly News Breaks for August 15, 2017
RIO
Aug 15, 2017 | 08:30 EDT
As noted earlier, RBC Capital downgraded Rio Tinto to Outperform from Top Pick. Analyst Tyler Broda downgraded the stock after the company announced a higher than expected dividend/buyback initiative, saying that he had become more upbeat on Anglo American and Glencore relative to Rio Tinto.
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