|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||26.10 - 26.10|
|52-week range||22.00 - 29.00|
|PE ratio (TTM)||130.50|
|Forward dividend & yield||0.00 (1.48%)|
|1y target est||N/A|
Major diversified miner Anglo American on Thursday reported a 6 percent year-on-year increase in output in the second quarter, driven by copper and coking coal, and revised upwards its platinum guidance. The figures excluded Minas-Rio in Brazil, where a leak has forced the closure of the iron ore project until late this year. Copper production rose 12 percent, driven by higher grades, while coking coal increased 33 percent.
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The number of British companies facing material dissent from investors at their shareholder meetings jumped in the first half of the year, with votes against individual directors doubling from 2017. Ninety-four companies were added to the Public Register - which lists companies that saw opposition of more than 20 percent on any vote or which withdrew a resolution - in the year to June 8, trade body the Investment Association said. At the midway point of the season for annual general meetings of companies in the FTSE All-Share (LSE: SHRE.L - news) index, the IA said a total of 140 individual resolutions had seen votes against of more than 20 percent, while 14 were withdrawn.
Share prices extended their slide across the globe in U.S. afternoon trading on Friday after U.S. President Donald Trump announced new tariffs on Chinese goods, while oil prices plummeted 3 percent over ...
Marks & Spencer has avoided relegation from the FTSE 100 as online grocery retailer Ocado moves into the elite group of UK-listed firms, it has been confirmed. Online gambling company GVC Holdings will ...
Washington last month announced sanctions on Russian billionaire Oleg Deripaska and several companies in which he is a large shareholder, including Rusal, En+ Group and GAZ Group, in response to what the United States said were Russia's "malign activities". "In present circumstances, any forecast or outlook made or previously made should be deemed unreliable and may become irrelevant due to ongoing developments on the market at this period of time," it said.
Leading shareholders in British listed infrastructure funds are doubling down on their investments, betting the political worries that sent valuations to decade-lows are overdone. The four largest listed funds, or investment trusts – HICL Infrastructure, International Public Partnerships , John Laing Infrastructure and BBGI – issued a record 1.1 billion pounds ($1.54 billion) of new shares in 2017 to keep up with the demand.
** Debenhams down 7.6 pct after H1 profit slumps 52 pct, cuts dividend ** H1 underlying profit before tax comes in at 42.2 mln stg vs 87.8 mln stg a yr ago; cuts interim dividend by 51 pct to 0.5 pence ...
Norwegian Air is flattered by British Airways-owner IAG's interest in making an offer for the budget airline, but has not decided whether to agree to formal talks, founder and biggest shareholder Bjoern Kjos said on Friday. IAG, the owner of BA, Iberia, Aer Lingus and other airlines, said on Thursday it had bought a 4.6 percent stake in Norwegian and intended to initiate discussions, including on a possible offer, sending Norwegian Air's shares up sharply. "Seen from the outside, IAG is a professional company, best in class," Kjos told reporters at Norwegian Air's headquarters.
Share (LSE: SHRE.L - news) markets recoiled on Wednesday as a $50 billion retaliation from China in escalating trade tensions with the United States left investors reluctant to take positions in anything but the safest of assets. The U.S. market had taken heart overnight from bets that President Donald Trump's Twitter (Frankfurt: A1W6XZ - news) attacks on online retail giant Amazon would not translate into actual policy.
Petrofac Chief Executive Officer Ayman Asfari has acquired 10 million pounds of shares in the oilfield services company, according to a regulatory filing. Asfari resumed full duties this month after being ...
Share (LSE: SHRE.L - news) markets were stuck on their worst run since November on Monday, as caution gripped traders in a week in which the Federal Reserve is likely to raise U.S. interest rates and perhaps signal as many as three more lie in store this year. The shorter-dated 2-year borrowing cost gap is near its widest level in over 20 years.
Share (LSE: SHRE.L - news) prices in British betting shops rose on Monday after the Gambling Commission recommended setting the maximum stake for fixed odds betting terminals at 30 pounds ($41.78), a higher cap than campaigners had sought. The commission also recommended that the stake on gambling machines offering slots games, like traditional fruit machines, should be limited to two pounds ($2.79). The machines are dubbed the "crack cocaine" of gambling by campaigners who argue that they let players lose money too quickly, leading to addiction and wider social problems.
Share (LSE: SHRE.L - news) markets in Asia and Europe regained ground on Tuesday after U.S. President Donald Trump faced growing pressure from political allies to pull back from proposed steel and aluminium tariffs and a potential global trade war. European sentiment was also supported after Germany reformed its coalition government to end more than five months in political limbo and as initial unease caused by a hefty election vote for anti-establishment parties in Italy began to ebb.
Anglo American (LSE: AAL.L - news) said on Thursday annual earnings rose 45 percent and net debt halved as the miner rebounded from a commodities slump and said it had become a fundamentally different business focused on productivity. All the major miners have reported a recovery from the 2015-16 crash in commodities prices, announcing increased returns for shareholders and lower debt, while promising to avoid the spending sprees that piled on supplies and helped to end the last boom. Anglo American and Glencore (Frankfurt: 8GC.F - news) , which on Wednesday said its results were the strongest yet, saw their shares fall the furthest in the downturn and have rallied the most as commodity markets have recovered.
MELBOURNE/LONDON Feb 20 (Reuters) - Global miner BHP , seeking to fend off activist investor Elliott Advisors, handed an extra $800 million to shareholders but its share price slid on Tuesday after costs rose and interim results fell short of forecasts. All the major miners have recovered strongly as commodity prices have rebounded from the 2015-16 crash. BHP must also contend with Elliott, which has a stake of around 5 percent in its London arm, and has made a series of demands that it says will increase shareholder returns.
Anglo American Platinum (Amplats), the world's top platinum producer, announced its first dividend in seven years on Monday as full-year headline earnings more than doubled and said it was not committing capital to major projects in 2018. Amplats' investment stance highlights the fragile state of platinum mining in South Africa, home to around two-thirds of known reserves, where for years the industry has battled soaring costs, depressed prices, policy uncertainty and bouts of violent labour and social unrest. South Africa's Chamber of Mines said on Sunday it had agreed to postpone a court challenge against a new version of an industry charter, which among other things raises targets for black ownership, to allow for talks with newly sworn-in South African President Cyril Ramaphosa.
A FTSE-250 manufacturer will this week pay the price for its loyalty to a former Carillion (Frankfurt: 924047 - news) director with its inclusion on a City roll-call of companies which have sparked corporate governance rows with investors. Sky News understands that Victrex (LSE: VCT.L - news) will be added to the Investment Association's (IA) new public register on Tuesday, days after withdrawing a resolution seeking the re-election of Andrew Dougal to its board. Victrex announced last week that Mr Dougal, who chaired Carillion's audit committee for six years prior to its collapse into liquidation, had resigned from the polymer manufacturer's board three days before its annual shareholder meeting.
World shares climbed half a percent on Monday, attempting to brush off fresh rises in global bond yields while equity futures also pointed to a firmer session on Wall Street which suffered its worst week in two years. A higher Friday close for New York stocks following a week of "vol" induced selling, lifted markets in Asia and Europe, helping MSCI (Frankfurt: 3HM.F - news) 's all-country index rise off four-month lows , while European shares firmed 1.4 percent after touching six-month troughs last week.
MELBOURNE/CAPE TOWN, Feb 7 (Reuters) - Rio Tinto (Hanover: CRA1.HA - news) handed out a record dividend on Wednesday and predicted global manufacturing growth would drive further returns after stronger commodity prices helped the miner to its highest annual profit in three years. All the big miners have recovered from the commodity crash of 2015-16, but Rio Tinto has emerged with the strongest balance sheet and a pile of cash, raising the question of what it can do to grow when the most obvious resources have been mined. Its full-year dividend of $2.90 a share - equal to about $5.2 billion - was up 70 percent from last year and reflected higher prices for iron ore, aluminium, copper and coking coal.
US stock markets clawed back some losses in a volatile session on Tuesday following a violent correction in values that has hit financial markets across the world. The FTSE 100 opened 3.5% lower but recovered some of those losses by the close.
** Parcels are growing "really quite strongly", says Lowland Investment Company Plc's Laura Foll, who has been adding to holdings in Royal Mail accordingly ** "Letters will continue to decline ...
Glencore (Frankfurt: 8GC.F - news) on Thursday said copper output in 2018 should rise to nearly 1.5 million tonnes as its Katanga mine in Democratic Republic of Congo ramps up to add roughly 150,000 tonnes, as well as 11,600 tonnes of cobalt. During the commodities crash in 2015, Glencore reduced output of commodities including zinc and copper and shut its Katanga operation in Congo for an upgrade. Copper output in 2017 fell by 8 percent to just over 1.3 million tonnes, while cobalt, a market Glencore dominates and which has soared in response to expected demand for battery minerals, slipped to 27,400 tonnes.
Anglo American on Monday announced the sale of the New Largo thermal coal project in South Africa for approximately $71 million to a new majority black-owned-and-managed company, marking its exit from South African domestic coal. During the depths of the commodity crash in late 2015 and early 2016, Anglo American sought to sell a large part of its assets, saying it would focus on copper, diamonds and platinum. As commodity markets recovered, however, the pressure to sell decreased and at least one coal sale fell through because shareholders could not agree to sell when the asset was making money.
What the major UK retailers have said about their trading over the crucial Christmas season so far: :: Next Shares across the sector soared on hopes that a positive trading result for the fashion and homewares ...