Aug 22, 2012
BHP Billiton profits fall, Greece still under pressure
Shares of BHP Billiton are down this morning, after the mining giant saw profits fall for the first time in three years.
Stacey Vanek Smith: Mining giant BHP Billiton saw profits fall for the first time in three years. Shares are down 0.6 percent this morning. The company had been booming as the price of commodities like copper sky-rocketed.
But slowing growth in China has dampened demand and helped push prices down.
Joining me now is Josh Brown, vice president of Fusion Analytics. He joins me live.