Who’s done what?

From some recent feedback we are going to include each week this section called “who’s done what”, this will include some company announcements that we find of interest. This week:

• Australian stocks stumble after negative offshore leads today, the local market closed 1.6% lower
• BHP is in $3b Brazilian takeover talks – the world’s largest mining company, is in talks to buy Brazilian iron-ore producer Ferrous Resources Ltd