|Bid||10,253.00 x 0|
|Ask||10,440.00 x 0|
|Day's range||10,223.00 - 10,548.00|
|52-week range||2,313.00 - 10,799.00|
|Beta (3Y monthly)||1.02|
|PE ratio (TTM)||5,050.74|
|Earnings date||5 Sep 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||39.57|
** Eddie Stobart Logistics Plc said on DBAY Advisors Limited, its third-largest shareholder, has been granted more time to make a firm takeover offer for the haulage company, and that their talks are ongoing. ** Packaging firm Liqui-Box Corp agreed to sell its bag-in-box business to Peak Packaging to comply with requirements from Britain's competition watchdog over the U.S.-based company's takeover of DS Smith's plastics business. ** South Africa's Impala Platinum Holdings Ltd (Implats) said it would buy Canada-based North American Palladium Ltd for about C$1 billion ($751.77 million), marking the miner's first purchase outside of Africa.
South Africa's AMCU union said on Tuesday it has referred ongoing platinum wage negotiations with Anglo American Platinum and Sibanye-Stillwater to the Commission for Conciliation, Mediation and Arbitration. AMCU President Joseph Mathunjwa said at a briefing on Tuesday that the union, the majority union in the platinum sector, would not accept less than a 1,000 rand ($65.68) increase to monthly wages. Mathunjwa also criticised Sibanye-Stillwater's decision to cut more than 5,000 jobs last month, saying the AMCU would campaign for South Africa's Labour Relations Act to be amended to make it more difficult for companies to retrench workers.
LONDON/JOHANNESBURG (Reuters) - Impala Platinum will delay cutting thousands of jobs and closing some capacity at its main South African mine due to operational improvements and higher commodity prices, two sources with direct knowledge of the matter said. Operational inefficiencies at Rustenburg have for years undermined Impala's profits. "Revenue is up," one of the sources said, adding that mines that were going to close were now making money or will soon be making money.
South Africa's Association of Mineworkers and Construction Union (AMCU) is disappointed by a wage offer for workers at Lonmin, which was acquired by Sibanye-Stillwater this year. "We are utterly disappointed with the offer at Sibanye-Stillwater Lonmin," Joseph Mathunjwa told a news conference, describing the offer as a "slap in the face". Mathunjwa said that workers at Lonmin had been offered annual wage increases of 300 rand ($19.55) for the first year, 350 rand for the second year and 400 rand for the third year, lower than other miners in South Africa.