BHP, Rio `Good Buys' in Long Term, Lennox Says

July 17 (Bloomberg) -- David Lennox, a resource analyst at Fat Prophets in Sydney, talks about the business outlook for BHP Billiton Ltd. and Rio Tinto Group. BHP said fourth-quarter iron ore production gained 17 percent as the company expands operations in Australia to deliver a 13th annual output record. The result compares with the 7 percent increase at Rio Tinto’s iron ore operations. Lennox speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Wal-Mart, Macy’s Rally on Strong Holiday Season
24:26 - Bloomberg Gadfly columnist Shelly Banjo and Bloomberg’s Lindsey Rupp discuss earnings for Wal-Mart and Macy’s that exceeded expectations. They speak on "Bloomberg Markets." (Banjo is a Bloomberg Gadfly columnist. The opinions expressed are her own.) (Source: Bloomberg)
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