Glencore plc (8GC.F)
| Previous close | 5.83 |
| Open | 5.77 |
| Bid | 5.82 x 2000000 |
| Ask | 5.84 x 2000000 |
| Day's range | 5.73 - 5.84 |
| 52-week range | 4.28 - 5.84 |
| Volume | |
| Avg. volume | 44,090 |
| Market cap | 70.983B |
| Beta (5Y monthly) | 1.29 |
| PE ratio (TTM) | 18.84 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.12 (2.06%) |
| Ex-dividend date | 29 Aug 2024 |
| 1y target est | N/A |
- Bloomberg
Biden Open to Easing Sanctions on Billionaire Gertler in Return for Congo Exit
(Bloomberg) -- The US government is open to easing sanctions on billionaire mining magnate Dan Gertler if he gives up his business operations and assets in the Democratic Republic of Congo, where Washington’s interest in critical minerals has run up against his problematic royalties ownership. Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containm
- Reuters
PRESS DIGEST- Financial Times - May 16
UBS's CEO lamented the perception that the lender is too big for Switzerland and pushed back against the need for tougher regulation at an event held at the University of Zurich on Wednesday. - Eurostar plans to buy up to 50 new trains and is considering launching more international routes from London to take advantage of "huge demand" for rail travel across Europe. - Glencore chief executive Gary Nagle issued a robust defence of South Africa's mining sector as speculation continued that the Swiss commodity house could yet mount a rival bid for all or part of Anglo American.
- Reuters
Analysis-BHP's options for Anglo American deal narrow as deadline looms
BHP Group's options for its pursuit of rival miner Anglo American include sweetening its $42.7 billion buyout offer, making a hostile bid or walking away for now as it approaches a May 22 deadline to lodge a binding offer. As BHP weighs its next move, CEO Mike Henry and his team have been making the case for the mega-deal on the sidelines of an investor conference in Miami and elsewhere to its investors, a large proportion of whom also hold shares in Anglo. "At this stage I think it is up to BHP to try to convince enough of Anglo's institutional shareholders over the coming week that it's worthwhile pressuring their board to engage with BHP, with a potentially even higher offer on the table should this occur," Morningstar analyst Jon Mills said.
