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Vale S.A.

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Vale aims to improve its fundamentals on the back of strategic cost-saving initiatives, disinvestment plans and lower debt levels. Moreover, the company remains committed toward enhancing its shareholders' value through lucrative capital deployment programs. However, the company's third-quarter earnings and production results were weak on account of certain issues associated with productivity and external headwinds. Depreciation of the Brazilian currency with respect to the U.S. dollar and a weak pricing environment are two major factors which weighed upon Vale's revenues and earnings in the last reported quarter. Moreover, risks related to natural calamities, labor shortage and unlikely government policies might hurt the company's top and bottom-line growth.


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