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BUZZ-Glencore: Near the bottom of the FTSE after H1 EBITDA fall

Reuters - UK Focus

** Mining and trading giant Glencore (Frankfurt: 8GC.F - news) 's shares down 2.4 pct, third-largest FTSE 100 losers, after saying H1 EBITDA fell 13 pct

** Co reports H1 EBITDA of $4.02 bln vs $4.61 bln yr earlier

** Co cuts net debt target, adds it expects to reinstate dividend next year

** "At first pass a reasonable result although consensus numbers suggest that some of the market will have expected better," Investec (LSE: INVP.L - news) analysts say in note

** Miners weaker on the day; Fresnillo (Frankfurt: A0MVZE - news) , Antofagasta (LSE: ANTO.L - news) , BHP Billiton (NYSE: BBL - news) , Rio Tinto (LSE: RIO.L - news) down 1.3-2 pct (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)