Glencore sees overall volume improvement in 2012
12th Feb 2013 07:14
Glencore International, the integrated commodities producer and marketer, said that all its industrial growth projects continued to deliver overall volume improvement in 2012. Own gold production from its Kazzinc division - one of its biggest units (in terms of revenue) in which it owns a 69.6% int
Read moreLondon close: Footsie drops 100 points on political uncertainty in Europe
4th Feb 2013 16:32
Increased political risk in the Eurozone presented a good opportunity for traders to take profits on Monday, as investors made the most of the recent surge on stock markets worldwide. The FTSE 100 dropped 100 points today, a fall of around 1.6%. This follows the impressive 6.4% gain seen last month
Read moreSunday newspaper round-up: Banks, Afren, 3i
3rd Feb 2013 13:25
Ahead of a major speech on the issue on Monday, George Osborne is still negotiating with Vince Cable, the Business Secretary, on the exact detail of a reserve power the Government could use if banks were found to be abusing new regulations. Figures close to the Chancellor said he would not back a "b
Read moreThursday broker round-up UPDATE
31st Jan 2013 07:07
Aberdeen Asset Management: Bank of America ups target price from 400p to 425p maintaining a neutral rating. Afren: JP Morgan lowers target price from 210p to 195p and downgrades to neutral. Amino Technologies: Northland Capital raises target price from 85p to 90p keeping a buy recommendation. Ant
Read moreFTSE 100 movers: Anglo American a strong riser
29th Jan 2013 15:37
Diversified mining group Anglo American gained despite saying it will recognise a 4.0bn dollar impairment charge in its 2012 results after completing a detailed cost and schedule review of its Minas-Rio iron ore project in Brazil. The gain appeared to be part of a wider trend, with sector peers Ev
Read more