Bloomberg: Bloomberg Daybreak Europe
4/25/2024 5:09am
... you have seen glencore the international trader and miner try to take over tech resources, and trying to get copper. this is set to be one of the biggest transactions in the mining space in many years. tom: martin with the details ...
Bloomberg: Bloomberg Daybreak Asia
4/25/2024 0:27am
... number two iron ore miner, has also been looking to build up its copper business. and we saw glencore, the international trader and miner, try to take over these tech resources as well, principally for copper and zinc. ...
Bloomberg: Bloomberg Daybreak Asia
2/22/2024 0:42am
... nickel. a slump in net profit. glencore also seeing a decline. iron ore prices despite all the talks of china's slowdown ...
Bloomberg: Bloomberg Markets
2/21/2024 3:57pm
... they are getting upgraded by barclays, saying the potential for management changes will be positive. do have shares of garmin higher after beating earnings expectations. a lot of people buying watches. on the downside you do have glencore to hitting a 52-week ...
Bloomberg: Bloomberg Markets
2/21/2024 3:11pm
... different. we saw very high volatility, and this came after the aftermath of the invasion of ukraine. glencore slashed its debt. and for the first time in several years, when it comes to commodity trading, the company saw a huge fall in terms of ...
Bloomberg: Bloomberg Markets
2/21/2024 3:11pm
... yeah, i only have bad news today. glencore had $17 billion of revenue, but of course, commodity markets last year were ...
Bloomberg: Bloomberg Surveillance
2/21/2024 12:45pm
... just as it has no plans to deploy nuclear weapons in space. a steep drop was reported in annual profit for glencore as commodity markets eased. it also flashes dividends 1.6 billion dollars for the first time in several years and did ...
Bloomberg: Bloomberg Daybreak Europe
2/21/2024 6:47am
... within the mining space when it comes to the commodities story. china will be a major factor for glencore, some concern about the softness and demand for commodities like iron ore out of china. ...
Bloomberg: Bloomberg Daybreak Europe
2/21/2024 6:47am
... those earnings drop. matt bloxham from bloomberg intelligence. here is what else you should be thinking about today. we talked about some of the minors, rio tinto coming in with earnings. glencore earnings dropping in a little under 15 minutes. watch that one as well for around out of what's ...
Bloomberg: Bloomberg Markets European Close
12/11/2023 4:31pm
... this is a generating story on the credit side. glencore down on the story relation to china, chinese inflation data super week. rolls-royce continues to climb. ...
Bloomberg: Bloomberg Markets European Close
12/11/2023 4:01pm
... glencore is the anomaly. very poor chinese data. that gets priced in fairly early this morning. at sector down by 3.8% today. to be brutally honest, there is a dearth of news out of europe. ...
Bloomberg: Bloomberg Markets European Close
11/14/2023 4:20pm
... coming up we will go from the macro to more of the micro. one story, glencore ceiling a nearly $7 billion deal for the coal division of canada's teck resources paving a way for a breakup. we will have the details next. ...
Bloomberg: Bloomberg Markets European Close
9/11/2023 3:02pm
... this ties to the china data and the upside we have seen coming from copper prices. glencore and other minors in europe, many of them on the ftse 100 gaining on the back of that news. 2.5% for glencore and we continue to look at the glen ...
Bloomberg: Bloomberg Markets European Close
8/31/2023 11:28pm
... credit suisse is worth a heck of a lot more. there earnings look good. glencore following 4%. -- following 4% -- falling 4%. _ ...
Bloomberg: Bloomberg Markets European Close
8/17/2023 3:34pm
... through the 50 day moving average -- is europe going to leave the day later? at that point you want to bring in other asset classes to talk about the picture. guy: let's talk about them. you are exposed to the under market commodities. we talked about how glencore had ...
Bloomberg: Bloomberg Markets European Close
8/17/2023 3:32pm
... that is why i flagged it. the other reason, alex, we are looking at a situation where an indian company, looking at potentially coming into by coal assets. glencore was looking at this ...
Bloomberg: Bloomberg Markets European Close
8/17/2023 3:32pm
... the u.k. the concern seems to be that they are paying too much, but the management is saying assets like this do not come around with a strategy. stocks are down a little bit. glencore is generally up. ...
Bloomberg: Bloomberg Markets European Close
8/15/2023 3:31pm
... european equities around the retail sales number. it came earlier in the day. it came in response to what we got from china. you can see that in names like glencore, down by 3.3, 4% today. the commodity story leads into the into the mining story. ...
Bloomberg: Bloomberg Markets European Close
8/15/2023 3:30pm
... down. there's a chinese effect in here. names like lvmh, names like glencore, names like antofagasta are responding to what we've seen in terms of the chinese data. the chinese are cutting rates. clearly, there is more work to do to get that economy rolling again. europe is responding to that. ...
Bloomberg: Bloomberg Markets European Close
8/15/2023 3:26pm
... pressure, glencore under pressure. that's what's weighing on the ftse 100. take a look at what's happening with marks and spencer. the retail kind of high street darling doing really well today. that tells you more about the domestic story. but that's a 250. the dax is down. i think only 5 or 6 ...
Bloomberg: Bloomberg Markets European Close
8/14/2023 3:31pm
... glencore is down by 2.66%. this is a dollar enter commodities into the mining story. that is a factor you need to bear in mind. when courts down by 2.66%. ...
Bloomberg: Bloomberg Markets European Close
8/14/2023 3:01pm
... guy: stoxx 600 has gone on holiday. ignore it. the china trade, something is happening there. we are down, names like glencore under pressure. ...
Bloomberg: Bloomberg Markets European Close
8/7/2023 3:37pm
... grant, head of those glencore numbers tomorrow morning and we will of course break those down for you on european coverage. european equity markets are closed the day the settlements and to be honest was as boring as the rest of the session. ...
Bloomberg: Bloomberg Markets European Close
8/7/2023 3:36pm
... so i think, you know, glencore has a point entering into a pre-vital transaction. they have taken equity stake and perhaps done some financing debt to secure trading volumes but ...
Bloomberg: Bloomberg Markets European Close
8/7/2023 3:33pm
... look for tomorrow is how much cash glencore returns to shareholders. loic is not down to zero, depending on the capital release . by rights, they should be returning a lot of cash to ...
Bloomberg: Bloomberg Markets European Close
8/7/2023 3:33pm
... something of a pivot point. alix, these will be interesting numbers to be dig into. alix: tech resources, a canadian company, glencore wanted to buy it and merge it into their own company and that did -- bid has _ ...
Bloomberg: Bloomberg Markets European Close
8/7/2023 3:32pm
... this one is important, glencore is out. we've already had the numbers out already and there is a narrative on what's happening in china with metals prices and coal, m&a. it's interesting, this is a business, and industry at ...
Bloomberg: Bloomberg Daybreak Asia
8/6/2023 11:36pm
... hovering around zero so investors are focused on what glencore is going to be doing, how it will put that cash to work. kathleen: moving onto oil prices trading near three-month highs as opec-plus signals staying the course on its oil supply policy. ...
Bloomberg: Bloomberg Markets European Close
7/20/2023 3:32pm
... season. the metals sector, keep an eye on aluminum. sales and revenue out of glencore, watch that one. interesting to see what they have to say. macro signals will be coming ...
Bloomberg: Bloomberg Markets European Close
6/13/2023 3:32pm
... let's take a quick look -- what are we watching? glencore making moves. selling its ag business -- ag-backed business. crating a new giant in that ...
Bloomberg: Bloomberg Markets European Close
6/13/2023 3:31pm
... glencore making moves. that is a narrative you want to focus on. energy is up. industrials having a good day. weakness in real estate, telecoms, and utilities. european equities travel higher. ...
Bloomberg: Bloomberg Markets
6/12/2023 5:37pm
... joining us, joe. a lot going on around glencore, a lot of stories it's touching. joe deaux, talking to us about the potential deal. meanwhile, oil extending losses as we pointed out after goldman sachs cut their price forecast ...
Bloomberg: Bloomberg Markets
6/12/2023 5:35pm
... so we are finally getting glencore back on the radar. it will be interesting to see what happens next, how these negotiations play out and it seems like for the first time we have both parties you know, acting on the same level here ...
Bloomberg: Bloomberg Markets
6/12/2023 5:35pm
... cash that glencore is offering. their original deal is still on the table. it might still be early days, but at least you have something from them. they had been pretty quiet for the past month since the shareholder vote was pulled. ...
Bloomberg: Bloomberg Markets
6/12/2023 5:34pm
... the latest bid is that glencore is making an offer for just the coal business, the idea being that diet in a cash deal -- they buy it in a cash deal and love it with the existing ...
Bloomberg: Bloomberg Markets
6/12/2023 5:34pm
... repeatedly rejected. let's bring in our metals reporter who has been tracking every twist and turn in this one. here we are, glencore seems to be back at the table. ...
Bloomberg: Bloomberg Markets
6/12/2023 5:33pm
... adenza in providing trading risk solutions. transfixing the mining world for months, glencore looking at coal business, an alternative to the takeover bid that they had ...
Bloomberg: Bloomberg Markets European Close
6/12/2023 3:31pm
... real estate sector under a little bit of pressure as well. let's talk about what's happening. this is where it is today. glencore interesting. it's got another way of coming ...
Bloomberg: Bloomberg Markets European Open
6/12/2023 7:32am
... let's look at which sectors are on the move. we are looking in depth at glencore up from news out of glencore, as well as the swiss company york fisher providing ...
Bloomberg: Bloomberg Markets European Open
6/12/2023 7:21am
... whole making steel business. teck is willing to engage with glencore according to the company. one core's own shareholders did not like this deal that much, but teck's shareholders have ...
Bloomberg: Bloomberg Markets European Open
6/12/2023 7:21am
... it is a big week for glencore. joe: we have the latest news coming on glencore. that stock is slipping slightly, down 0.3%. we have had news that glencore is willing to purchase teck's ...
Bloomberg: Bloomberg Markets European Open
6/12/2023 7:16am
... glencore's viterra. sources say a deal could be finalized by monday and bunge says that sort holders will hold a majority. it is an agricultural giant large enough to take on cargo and midland. crispin odey's main hedge fund ...
Bloomberg: Bloomberg Markets Asia
6/12/2023 3:26am
... bun ge will be buying a glencore company. it's an agricultural giant large enough to take on archer daniels and other massive agricultural companies. haslinda: taking a look at some ...
Bloomberg: Bloomberg Markets European Close
5/31/2023 3:26pm
... the cfo stepping down amid a probe into conduct. the are not giving us more detail. glencore looking to sweeten the ...
Bloomberg: Bloomberg Markets European Open
5/31/2023 7:56am
... news around. glencore ready to sweeten the tech bid to break down the deadlock. there are a couple of big m&a bids that companies are looking after, glencore in the middle of the battle. this is what we are seeing ...
Bloomberg: Bloomberg Markets European Open
5/31/2023 7:56am
... bottlers in mexico sold its stake in heineken. that is putting pressure on them. the other story we are watching out for his glencore. glencore not one of the biggest movers but certainly one of the biggest stocks where there is ...
Bloomberg: Bloomberg Markets European Open
5/26/2023 7:27am
... the liquidity for that business. that is accord -- according to city analysts. rio tinto upgraded by morgan stanley railing 3.6%. morgan stanley pointing to its koppers holdings being underappreciated. glencore getting 2.8% on news ...
Bloomberg: Bloomberg Markets European Open
5/26/2023 7:11am
... with some of the creditors. they are looking to sell off some of their stores. the shares started retrading today currently down 9%. glencore gaining close to 3% on the back of the news that part of its business viterra which has backed is a grain training ...
Bloomberg: Bloomberg Markets European Close
5/25/2023 3:32pm
... is happening with the italian economy. we have the glencore agm. and we also have u.k. retail sales. this is going to be -- this is not going to capture what is ...
Bloomberg: Bloomberg Markets Asia
5/17/2023 3:20am
... the capacity to build those mines is gone. most of the majors are focused on returns, bhp and rio return about 60% of earnings to shareholders via buybacks and dividends. when they want to increase pipeline, they just buy companies. rio bidding on glencore. ...
Bloomberg: Bloomberg Markets
4/28/2023 5:12pm
... leadership is going to be a big part of that solution. david: minerals, you have in abundance in canada. you want to encourage for direct investment. we have those two coming together in the glencore proposal. ...
Bloomberg: Bloomberg Markets
4/26/2023 5:35pm
... they have a lot of the multiple voting chairs, they say they are open to a transaction, just not with glencore. they do not like glencore with its checkered history of fines for bribery or settling settlements for bribery. it is a classic example of keep ...
Bloomberg: Bloomberg Markets
4/26/2023 5:34pm
... story and covers the commodity sector. teck resources, once again, saying no to glencore. but clearly, they got a reality check from investors on the way by which they wanted to split up the business. andy: teck is still in play. ...
Bloomberg: Bloomberg Markets
4/26/2023 5:34pm
... glencore had been pursuing its own teck resources plan to acquire the business, they rejected proposals remain a nonstarter, with the same flood structure in material execution risks identified by our board. andy bell has been tracking the ...
Bloomberg: Bloomberg Markets European Close
4/26/2023 3:32pm
... chances. let's talk about single days. glencore is out. maybe that tech deal is back on. the microsoft deal is off, but the tech deal may be back on. we will see whether there is momentum there. ...
Bloomberg: Bloomberg Markets European Close
4/26/2023 3:31pm
... this is a company glencore is pursuing. delaying a vote on whether the company should be split or whether asset should go. the glen cole deal is getting momentum. real estate is also a. ...
Bloomberg: Bloomberg Markets European Close
4/26/2023 3:01pm
... company. that gives momentum back to them. the stocks are tracking higher. glencore is up by 3%. you're talking about tech with a k in the u.s. it is all about tech with an h. big tech stocks. ...
Bloomberg: Bloomberg Markets
4/21/2023 5:48pm
... volatility due to russia. glencore saying the opposite. they are doing better than ever. they will beat the high of their estimate of 3.2 billion. they're pushing out a new estimate range and what they will get from that. it is good for glencore. ...
Bloomberg: Bloomberg Markets
4/21/2023 5:48pm
... profitability to grow. where is glencore without this? yes. they are trading a massive number of mining assets, and its production showed, they are doing quite well. there was a pullback after the ...
Bloomberg: Bloomberg Markets
4/21/2023 5:46pm
... support this split. last week, we had two big ones. it was not the best deal for investors, and i want to talk about this yesterday. the latest letter from glencore suggest that many people are ...
Bloomberg: Bloomberg Markets
4/21/2023 5:45pm
... what are the odds of this happening? it is a tough call. tack is confident that they will get the split they want, and glencore is confident they will get enough investors on their side to basically get a deal ...
Bloomberg: Bloomberg Markets
4/21/2023 5:45pm
... there. jojo is covering this space. he joins me now. is hard to read this prompter from far away. we've got glencore expecting a great year and profits. they are also talking about teck resources. the window is slowly closing. ...
Bloomberg: Bloomberg Markets
4/21/2023 5:34pm
... critters suisse, working with glencore on this deal development, and we will watch to see what happens over the coming days on the resources story. we have more in the hour. that should be fascinating. ...
Bloomberg: Bloomberg Markets European Close
4/21/2023 3:23pm
... glencore is also trying to expand its mining operations. it is in the middle of a fight to by a canadian mining rival. in the u.k., to insurers has become the first -- _ ...
Bloomberg: Bloomberg Markets European Close
4/21/2023 3:23pm
... it's time for the bloomberg business flash. glencore says it's on case for another bumper year of trading commodities. energy products contributed to strong first-quarter performance. ...
Bloomberg: Bloomberg Surveillance
4/21/2023 10:44am
... police say it -- a container with gold and other items were taken from an airport holding area. glencore unsaid for another bump your year of trading commodities. energy partners continues to be ...
Bloomberg: Bloomberg Markets
4/19/2023 5:37pm
... take at least two years to execute what lynn core is trying to do. -- what glencore is trying to do. kriti: a major deal in the commodity space, but we have to ...
Bloomberg: Bloomberg Markets
4/19/2023 5:36pm
... of the whole assets. glencore acknowledged that saying if they acquire the company, we will spin off our coal assets along with there's. everyone is saying if you don't want exposure to coal, we understand that and that's what ...
Bloomberg: Bloomberg Markets
4/19/2023 5:35pm
... rehashing that it's not a viable option and pointing out once they get the split done, there is real value in base metals business. it felt like glencore was ...
Bloomberg: Bloomberg Markets
4/19/2023 5:35pm
... that's a vote for next week. i don't find anything surprising in this saga. teck came out and responded to the letter from glencore ...
Bloomberg: Bloomberg Markets European Open
4/19/2023 7:14am
... and positive cash flows as well. then we have glencore slipping as they potentially go hostile on their bid for teck resources and canada. a lot of shareholders don't like the fact they are spending more than $20 billion on the company. telecom italia in m&a news ...
Bloomberg: Bloomberg Daybreak Asia
4/11/2023 11:27pm
... haidi: let's get a quick check of latest business flash headline spirit glencore is stepping up its pursuit of tech resources, that as a cash component. teck rejected glencore's ...
Bloomberg: Bloomberg Daybreak Australia
4/11/2023 10:54pm
... haidi: here is a quick check of the latest is flash helen's beard glencore is stepping up its pursuit of tech resources with a new takeover proposal that adds a cash component. tech rejected glencore's earlier proposal to buy the company and ...
Bloomberg: Bloomberg Markets European Close
4/11/2023 3:55pm
... finally, resources up to date after another proposal this time from glencore. now it gives an opportunity to shareholders to get the cash equivalent instead of owning ...
Bloomberg: Bloomberg Markets European Close
4/11/2023 3:26pm
... still chasing tech. that's one of the stories. somebody out basically saying there's no chance, they don't see a chance of glencore being a target itself. ...
Bloomberg: Bloomberg Markets European Close
4/11/2023 3:26pm
... that's when you get paid. boeing needs to be get its catch -- cash position. let's talk for the stocks we are watching. glencore up by 3.27% today. ...
Bloomberg: Bloomberg Markets European Open
4/11/2023 7:27am
... happen, glencore rising some more. finally, i'm looking at accor, the luxury hotel firm, upgraded at morgan stanley, they reckoned the luxury segment will be more resilient in recession, but one up 2.5%. ...
Bloomberg: Bloomberg Markets European Open
4/11/2023 7:27am
... firm, there is a story here with the canadian firm listed in new york. they are telling investors that glencore would not be a good bidder for the firm, spurring hope that that deal will not ...
Bloomberg: Bloomberg Markets European Open
4/11/2023 7:26am
... canceling. as you see, that start up 5%, one of the best-performing shares in europe today to. i will move to glencore, you mentioned mining stocks. one of those jumping today around 3% is the u.k.-listed ...
Bloomberg: Bloomberg Markets
4/10/2023 5:53pm
... our things to julia as well from the bloomberg team. we are also watching the metals market, tech and glencore disagreeing about how it will play out. they're turning to shareholders for answers. next. ...
Bloomberg: Bloomberg Markets Americas
4/4/2023 2:23pm
... candidates at teck resources is said to be open to offers from potential suitors once it finishes a spinoff of its coal business. it has rejected a proposal from glencore. ...
Bloomberg: Bloomberg Markets
4/3/2023 5:33pm
... watching the tech resources drama with glencore's hostile pursuit of a company. the glencore team is going to stay very much in pursuit. ...
Bloomberg: Bloomberg Markets European Close
3/6/2023 4:32pm
... glencore's down by 4%. we wrap it up by credit suisse. as they say, this is monday. the rest of the week is absolutely jampacked. ...
Bloomberg: Bloomberg Markets
2/20/2023 3:31pm
... probably that is because of slightly lower commodities prices. i think the second thing we are looking at that we saw with glencore last week is that mining is more expensive. most things become more ...
Bloomberg: Bloomberg Markets European Open
2/15/2023 8:32am
... a bit of a mixed picture. top of the list consumer prices. telecom up five. glencore a factor and oil under pressure. inventories around the u.s. adding a bit of a drag on wti. ...
Bloomberg: Bloomberg Markets European Open
2/15/2023 8:32am
... barclays but also glencore a disappointment as well. currently down point 1%. the dax and germany holding up with gains of .3% up 47 points. let's see how things play out across the sectors and to ...
Bloomberg: Bloomberg Markets European Open
2/15/2023 8:27am
... export controls may have been violated. glencore down 1.8%. just below estimates. there going to be paying out more than $7 billion in dividends and buybacks. coming up, fed officials say higher rates may be needed after ...
Bloomberg: Bloomberg Markets European Open
2/15/2023 8:19am
... francine: they we have glencore earnings in the commodities space. what happens to this sector in 2023? emmanuel: we see profit-taking on energy which is ...
Bloomberg: Bloomberg Markets European Open
2/15/2023 8:17am
... full powering glencore there with the stock down 2.6%. francine: emmanuel cau out from barclays. we look at the under -- other industry groups, not everyone is doing quite well, depending on ...
Bloomberg: Bloomberg Markets European Open
2/15/2023 8:16am
... asml says a employee and china has taken their data. glencore down two point 5%. they came strongly in on the cold side of the business but it was a miss broadly. they are paying out more than $70 billion in dividends and buybacks. ...
Bloomberg: Bloomberg Markets European Close
2/14/2023 4:33pm
... in front of yields in the u.k. a lot of repricing going. glencore expecting record earnings on them, another quarter of a strong trading season. ...
Bloomberg: Bloomberg Markets European Open
1/24/2023 8:33am
... and germany, the ftse 100 is one of the major indexes in negative territory this morning. part of that is due to astrazeneca and also glencore. in terms of sectors, technology leading the pack, getting 0.5%. ...
Bloomberg: Bloomberg Surveillance
1/13/2023 11:07am
... we like. where do the minus fit into this? caught up with chris varona. he liked rio, bhp, glencore. where are you on those. we own a position in rio, and ...
Bloomberg: Bloomberg Surveillance
12/7/2022 11:11am
... glencore. that is where i think money can be made in some form of a china reopening. jonathan: wonderful to catch up. chris verrone. i think we need to ask a question. ...
Bloomberg: Bloomberg Surveillance
12/7/2022 11:08am
... stocks over the last month or two. things like rio, chp and glencore. the stocks that were largely on the map have really woken up. there is something going on there that is in contradiction ...
Bloomberg: Bloomberg Markets European Close
12/5/2022 4:34pm
... commodity prices. we know by the fact that glencore today has announced it is contemplating a greenfield opportunity in argentina suggests that supply is very tight in a certain commodities. ...
Bloomberg: Bloomberg Markets European Close
12/5/2022 4:31pm
... along the way relatively quickly. miners doing well, the china story is still present in european equity. miners up .8%. glencore doing well. real estate is up again. insurance is rising. ...
Bloomberg: Bloomberg Markets European Open
12/1/2022 8:03am
... incrementally ease. a couple miners to point out, most listed in the u.k., modest gain for bhp, downside for glencore of .4%, and rio tinto ...
Bloomberg: Bloomberg Markets European Close
11/30/2022 4:32pm
... not go back into the 100 vicinity. the china narrative is front and center. i think glencore is at a new record high step it's up to ...
Bloomberg: Bloomberg Markets European Open
11/28/2022 8:02am
... glencore and bhp group down between on .1% and 1.8% on concerns on what it all means for china's economy going forward. there is divergence between investors and economists, as to ...