Glencore cuts FY copper production guidance
30th Apr 2019 07:04
(Sharecast News) - Mining conglomerate Glencore cut its full year copper production guidance as first quarter output fell 7% due to several factors, including flooding in Australia and safety-related stoppages and smelter outages in Zambia.
Read moreGlencore being investigated by US commodities regulator
26th Apr 2019 09:38
(Sharecast News) - Glencore shares fell on Friday after it announced that it is being investigated by the US Commodity Futures Trading Commission (CFTC) over possible corrupt practices that may have led to the violation of some regulations.
Read moreJPMorgan downgrades Anglo American, cites poor risk/reward
24th Apr 2019 09:41
(Sharecast News) - JPMorgan Cazenove downgraded its stance on Anglo American to 'neutral' on Wednesday, exiting its three-year conviction 'overweight' on the stock as it highlighted three reasons for the move and recommended a tactical short Anglo versus long Glencore into first-half results in July/August.
Read moreGoldman Sachs downgrades Glencore, upgrades Kaz Minerals
11th Apr 2019 11:25
(Sharecast News) - Goldman Sachs downgraded its stance on Glencore shares on Thursday but upped its view on Kaz Minerals as it took a look at the European metals and mining sector, arguing that miners are well positioned as Chinese activity picks up.
Read moreRBC Capital downgrades Glencore after 14% YTD share price rise
10th Apr 2019 13:49
(Sharecast News) - RBC Capital Markets downgraded its stance on Glencore to 'sector perform' from 'outperform' on Wednesday, cutting the price target to 330p from 350p following a jump in the share price year-to-date.
Read moreWednesday broker round-up
10th Apr 2019 13:02
(Sharecast News) - Glencore: RBC Capital Markets downgrades to sector perform with a target price of 330p.
Read moreAnglo American will rise as near-term risks ease, says Jefferies
1st Apr 2019 09:33
(Sharecast News) - Jefferies has reiterated its 'buy' rating on Anglo American, arguing the near-term risks are being overplayed and have left the blue chip miner looking increasing undervalued.
Read moreGlencore agrees more than $14bn of credit facilities
29th Mar 2019 10:57
(Sharecast News) - Glencore has arranged more than $14bn of bank loan agreements including oversubscribed short-term facilities of almost $10bn.
Read moreAeris Resources offers $575m for Glencore's CSA copper mine
20th Mar 2019 09:19
(Sharecast News) - Australian copper producer Aeris Resources has offered to buy Glencore's CSA copper mine in New South Wales for $575m.
Read moreSocGen downgrades Rio, BHP as it turns more cautious on miners
7th Mar 2019 11:36
(Sharecast News) - Rio Tinto and BHP were knocked lower on Thursday as Societe Generale downgraded its recommendation on both stocks as it moved to a more cautious stance on most of the metals and mining stocks it covers following year-to-date gains.
Read moreWednesday preview: Brexit talks, Glencore and Lloyds in focus
19th Feb 2019 16:06
(Sharecast News) - The spotlight on Wednesday will be on a meeting between the Prime Minister and European Commission chief Jean Claude Juncker, as officials on both sides of the Channel continue efforts to agree on the least damaging from of Brexit possible.
Read moreMonday broker round-up
4th Feb 2019 13:29
(Sharecast News) - TUI: Citigroup upgrades to buy with a target price of 1,550p.
Read moreGlencore in Congo standoff as production increases
1st Feb 2019 07:10
(Sharecast News) - Glencore unearthed more copper, cobalt and nickel in the fourth quarter of 2018 compared to the quarter before, but has had another run-in with the Democratic Republic of Congo.
Read moreShake-up for aluminium giants as US lifts curbs on Putin-ally Deripaska
28th Jan 2019 10:32
(Sharecast News) - Commodities trader Glencore has shaken up its holdings in aluminium specialists Rusal and En+ Group after the US partially lifted sanctions on Russian billionaire Oleg Deripaska.
Read moreAnalyst recommendations fail to beat the market
23rd Jan 2019 12:43
(Sharecast News) - The ten blue-chip stocks most regularly backed by analysts with 'buy' recommendations lost more than the FTSE 100 index in 2018, fresh analysis showed on Wednesday.
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