BHP Beats Analysts Expectations

Bloomberg reported BHP Billiton Ltd. (NYSE:BHP,ASX:BHP) fourth-quarter iron ore production gained 15 percent.

As quoted in the market news:

Output was 40.9 million metric tons in the three months ended June 30, from 35.5 million tons a year earlier, Melbourne- based BHP said today in a statement. That beat the 37.3 million ton median estimate of five analysts surveyed by Bloomberg.

Click here to read the full Bloomberg report.