Glencore PLC (GLEN.L)
26 Nov 2014
|Market Cap (Mil.):||£43,640.00|
|Shares Outstanding (Mil.):||13,174.01|
MELBOURNE, Nov 25 - Peabody Energy Corp and Glencore Plc have agreed to form a joint venture at two neighbouring mines in Australia's Hunter Valley, in a bid to slash costs amid a slump in coal prices.
CALGARY, Alberta - The world has become a more difficult place for the small, intrepid Canadian oil explorers that roam the globe hunting for the next big petroleum discovery.
(Adds comment from Senate subcommittee and Goldman comment in paragraphs 11 and 12)
NEW YORK, Nov 19 - Goldman Sachs Group Inc's metals storage unit paid Deutsche Bank, Glencore and British hedge fund Red Kite millions of dollars in incentives that helped extend wait times in the firm's Detroit storage hub, a Senate report showed on Wednesday.
SINGAPORE, Nov 19 - JPMorgan Chase & Co has hired Edwin Tay, formerly with Glencore, as a senior crude oil trader in Singapore, industry sources said on Wednesday.
WASHINGTON, Nov 17 - A heavyweight list of bankers and regulators will appear before a U.S. Senate committee this week in a probe into Wall Street's role in commodity markets and ahead of possible tougher rules from the Federal Reserve.
(Adds Glencore, Salamander Energy, Reliance Entertainment)
LONDON - Commodity group Glencore and X2, a company set up by former Xstrata boss Mick Davis, are among the suitors of the Chilean copper assets put up for sale by global miner Anglo American , industry and banking sources said this week.
* Copper has bright outlook as supply growth is constrained
* Will remove 5 million tonnes of thermal coal from market
Earnings vs. Estimates
Analyst Research Reports
Glencore PLC: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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