Glencore sees FY earnings in top half of range as copper output rises

29th Apr 2021 08:06

(Sharecast News) - Glencore said it was on track to deliver earnings at the top half of guidance on the back of rising commodities prices.

Read more

Friday broker round-up

16th Apr 2021 13:17

(Sharecast News) - Dixons Carphone: RBC Capital Markets downgrades to sector perform with a target price of 150p.

Read more

'Green demand' to drive record tight copper balances, Goldman Sachs says

14th Apr 2021 16:11

(Sharecast News) - Strategists at Goldman Sachs reiterated their 'bullish' stance for a select group of global copper miners, predicting that so-called 'green demand' would drive the tightest balances ever over the next decade.

Read more

Wednesday broker round-up

31st Mar 2021 13:40

(Sharecast News) - Hikma: Jefferies upgrades to buy with a target price of 2,870p.

Read more

Glencore appoints Gary Nagle as CEO from July 1

23rd Mar 2021 07:31

(Sharecast News) - Glencore said Gary Nagle would be appointed as chief executive on July 1 to succeed Ivan Glasenberg, who is set to retire on June 30.

Read more

Glencore chairman Tony Hayward to step down

11th Mar 2021 13:20

(Sharecast News) - Glencore is looking for a new chairman after Tony Hayward said he would leave in 2022 after more than eight years in the job.

Read more

Resource nationalism surges in 2020 as side effect of Covid-19

5th Mar 2021 09:41

(Sharecast News) - In 2020, 34 countries have witnessed a significant increase in the nationalisation of natural resources as a side effect of Covid-19, revealed the latest report by Verisk Maplecroft published late on Thursday.

Read more

Monday broker round-up

22nd Feb 2021 12:50

(Sharecast News) - Glencore: JP Morgan upgrades to overweight with a target price of 350p.

Read more

JPMorgan upgrades Glencore to 'overweight'

22nd Feb 2021 08:21

(Sharecast News) - JPMorgan Cazenove upgraded its stance on shares of miner Glencore on Monday to 'overweight' from 'neutral' and lifted the price target to 350p from 280p.

Read more

Glencore restarts dividend as it achieves debt target

16th Feb 2021 08:05

(Sharecast News) - Glencore reported a 34% decline in revenue on Tuesday, to $142.34bn, although a successful narrowing of its net debt meant it could now restart dividend payments.

Read more

Tuesday preview: ZEW economic expectations index, Glencore in the spotlight

15th Feb 2021 15:03

(Sharecast News) - Financial markets' focus on Tuesday will be on the ZEW institute's economic expectations index for Germany.

Read more

Glencore sticks to guidance after Covid-19 hits 2020 output

3rd Feb 2021 07:44

(Sharecast News) - Glencore kept its 2021 production guidance in place after coronavirus-related restrictions and the closure of its Mutanda mine reduced output of several commodities in 2020.

Read more

Sunday share tips: Glencore, Sirius Real Estate in the spotlight

31st Jan 2021 21:21

(Sharecast News) - The Sunday Times's Sabah Meddings thinks that investors in Glencore should 'hold', given the potential for several positive catalysts.

Read more

Monday broker round-up

14th Dec 2020 13:32

(Sharecast News) - Midwich Group: Berenberg reiterates buy with a target price of 550p.

Read more

Glencore CEO Glasenberg to retire in 2021

4th Dec 2020 14:34

(Sharecast News) - Glencore said Ivan Glasenberg would retire in the first half of 2021 after 19 years as chief executive of the commodities trader and miner.

Read more