(Bloomberg) — Glencore Plc will return more than $7 billion to shareholders in dividends and buybacks after the commodities giant reported another blockbuster profit driven by its coal and tradi...
Tag: Glencore
Glencore PLC FY EPS $1.33
By Joe Hoppe Glencore PLC said Wednesday that it will return $7.1 billion to shareholders after reporting record 2022 earnings on the back of significant growth in its marketing and energy divisions. ...
Steven Romick Swaps Prosus For Naspers, Trims Top Holding Glencore
Summary The guru entered a new position in Naspers. He sold out of Prosus and Flutter Entertainment. Romick trimmed his Glencore and BroadcomAVGO investments. Steven Romick (Trades, Portfolio) disclos...
Glencore share price dived amid ESG concerns: buy the dip?
Glencore (LON: GLEN) share price has had a difficult start to 2023 as concerns about the company’s ESG credentials rose. The blue-chip mining stock plunged to a low of 503.3p, which was the lowest lev...
Is corrupt Glencore a good buy after rising by 40% YTD?
Glencore (LON: GLEN) share price held steady on Wednesday after the embattled company sold an important business in Australia. The stock rose to 535p, which was the highest level since November 7. It ...
Is Glencore a good stock to buy ahead of earnings?
The Glencore (LON: GLEN) share price held steady on Wednesday as investors wait for the company’s earnings. It rose to a high of 509p, which was the highest level since September 15th. This means that...
Founder of Orange Telecom and Ex-chairman of Glencore Joins Inery Blockchain as Chairman.
Ex-chairman of Glencore, ex-head of Deutsche Bank in Asia, ex- group MD of Hutchison Whampoa Limited, and presently executive director of General Enterprise Management Services Ltd (GEMS) are just som...
Bribery Scandal To Cost Glencore $1.1 Billion, While Billionaire Execs Avoid Blame—For Now
Glencore’s former CEO Ivan Glasenberg retired in 2021. Getty Images Marc Rich, the legendary commodities trader, fled the United States for Europe in 1983 after being indicted for trading Iranian oil ...
Green Startups, Flush With Cash, Face Pressure to Make Climate Advances
Green startups hit the lottery last year. Investors have turned cautious since then, putting added pressure on the cash-rich companies to deliver better batteries, more sustainable materials and zippy...
Stocks Are Sinking and Rates Are Rising. It’s Painful, But We’re Heading for Normal.
Stocks and bonds are tumbling. Housing has weakened. And I haven’t heard a word about nonfungible cartoon monkey tokens in maybe three months. Strategists are now turning to truly bizarre assets—two I...