Berenberg lowers target price on Anglo American

24th Feb 2025 10:42

(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Anglo American from 2,100.0p to 2,000.0p on Monday, noting that it saw "better value elsewhere" in the space.

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London close: Stocks slip as US jobless claims rise

20th Feb 2025 16:06

(Sharecast News) - London equities ended lower on Thursday as investors reacted to a higher-than-expected rise in US jobless claims and a decline in UK consumer confidence.

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Anglo American posts loss after hit from diamond operations

20th Feb 2025 07:37

(Sharecast News) - Troubled miner Anglo American on Thursday posted a full-year loss of $3.1bn after a large write-down related to its De Beers diamond operation as it continued restructuring plans to focus on copper and iron ore.

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Anglo American sells nickel unit for up to $500m

18th Feb 2025 07:04

(Sharecast News) - Anglo American on Tuesday said it was selling its nickel business to Singapore's MMG for up to $500m. The unit comprises two ferronickel operations in Brazil and two greenfield growth projects.

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Amplats to pay out special dividend ahead of demerger

17th Feb 2025 07:28

(Sharecast News) - Anglo American Platinum is paying shareholders an extra £680m cash dividend ahead of its planned spinoff into a standalone unit by June this year, the company said on Monday.

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London close: Stocks mixed on US tariffs, Mann comments

11th Feb 2025 15:45

(Sharecast News) - London stocks closed mixed on Tuesday after the FTSE 100 touched fresh record highs, as investors weighed the implications of US president Donald Trump's latest tariff comments and remarks from Bank of England policymaker Catherine Mann.

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RBC cuts forecasts for Anglo American on weaker copper outlook

7th Feb 2025 09:11

(Sharecast News) - RBC Capital Markets has cut its target price for Anglo American from 2,200p to 2,130p and kept an 'underperform' stance on the stock after downgrading its profit forecasts for the next three years.

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Anglo American reports mixed but 'solid' Q4 production

6th Feb 2025 07:32

(Sharecast News) - Anglo American reported a mixed but "solid" production performance 2024 on Thursday, with notable declines in copper, diamonds, and steelmaking coal output, while iron ore production saw modest gains.

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London close: Stocks join global rout on trade war fears

3rd Feb 2025 15:23

(Sharecast News) - London stocks fell sharply on Monday as concerns over a potential trade war weighed on investor sentiment.

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London close: Stocks mixed as investors look to Fed

27th Jan 2025 15:48

(Sharecast News) - London stocks ended Monday with a mixed performance as investors braced for a week dominated by key interest rate decisions and major corporate earnings.

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London midday: Stocks stay down after weak China data

27th Jan 2025 10:18

(Sharecast News) - London stocks remained in negative territory by midday on Monday as investors turned their attention to a pivotal week featuring interest rate decisions from the US Federal Reserve and the European Central Bank, alongside earnings reports from several major US technology companies.

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Citi downgrades Anglo American to 'neutral'

24th Jan 2025 07:31

(Sharecast News) - Citi downgraded Anglo American on Friday to 'neutral' from 'buy' and cut the price target to 2,800p from 3,000p as it said that sum of the parts upside appears limited.

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London close: Stocks higher after softer UK employment data

21st Jan 2025 16:41

(Sharecast News) - London stocks closed higher on Tuesday, as investors assessed the latest UK employment data, and watched for developments across the pond on the first full day of Donald Trump's second presidential term.

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London close: Stocks firmer after UK, US inflation data

15th Jan 2025 15:03

(Sharecast News) - London's stock markets closed significantly higher on Wednesday, buoyed by positive inflation data from both sides of the Atlantic.

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RBC Capital downgrades Antofagasta, Anglo American

15th Jan 2025 07:57

(Sharecast News) - RBC Capital Markets downgraded Antofagasta and Anglo American on Wednesday to 'underperform' from 'sector perform' as it took a look at European diversified miners.

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