Revenues also soar (+43%) and adjusted EBITDA – Basic dividend of 0,26 dollars – A buyback of over half a billion is on the way – The title runs in London
"Two years of postponements are unsustainable, now clear words and if Glencore withdraws, immediately reopen to new investors": this is what the general secretary of the metalworkers of the CISL Marco Bentivogli maintains, who took stock of the open dispute
After the meeting at Palazzo Chigi on the Alcoa dispute, the general secretary of the Fim Cisl, Marco Bentivogli expects answers from Glencore: "The coverage of the social safety nets is increasingly reduced and the social framework of which the Government must keep…
At a height of sixty meters to protest against the continuous postponements of Glencore - Bentivogli: "For the workers there is only the desperation of seeing the plant closed and the end of the social safety nets".
The secretary general Marco Bentivogli after the meeting of the unions with the Executive and the Region: "It is unacceptable that after 4 years of struggle and promises and illusions the workers are without prospects. We want the Government all in the field for a solution…
Rumors of a takeover bid or sale of the agricultural branch trigger a rush to purchase after the crash of recent days. But the group specifies: "There are no reasons that can explain the increase in shares"
The crisis of confidence opened by the Volkswagen scandal (-8%), the collapse of Glencore (-26%) among mining stocks and the new Chinese slowdown weigh on the stock markets: Piazza Affari loses 2,72% - Mps, Saipem and FCA among the titles…
According to analysts at Investec, as the low commodity prices continue, "nearly all of Glencore's equity value would vanish in the absence of a substantial debt restructuring."
The decision was taken in August but the news only spread today: the board of directors, after a consultation with its financial and legal advisers, had unanimously established that a merger would not be in the interests of…
The Swiss group announced that it closed the first half with strong growth in net income to 1,72 billion dollars, 167% more than the previous year.
The marriage should be formalized by the end of the year and will give life to an 86 billion euro colossus - The exchange will be 3,05 Glencore shares for one Xstrata share - Glasenberg will be at the helm of the group.
The Swiss multinational wrote it in a letter to Undersecretary De Vincenti and Governor Cappellacci - Currently in Alcoa, thanks to specific laws enacted in recent years, a rate of around 35 euro/Mwh is guaranteed.