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3 mins read

Deutsche Bank neatly dismantles the idea that Glencore is the 'next Lehman'

Perhaps the most confusing part of Glencore's meltdown - shares dropped another 30% on Monday befor…

Myles Udland   


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3 mins read

Glencore is jumping after Citi says it could go private

We believe that in the event the equity market continues to express its unwillingness to value the …

Oscar Williams-Grut   


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3 mins read

BARCLAYS: Glencore is in big trouble if copper gets $0.30 cheaper

Credit markets typically lead rating agencies in pricing ratings changes, but they are also suscept…

Ben Moshinsky   


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2 mins read

Glencore only just gave investors the statement that moved shares 20%

To recap, Glencore shares have been diving amid fears about how the company will cope with its huge…

Oscar Williams-Grut   


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1 min read

Here's what analysts are saying about the 'absurd' plunge in Glencore stock

Investors are worrying how the company will deal with its huge net debt pile, worth $30 billion (£2…

Oscar Williams-Grut   


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3 mins read

JPMorgan And Goldman Sachs Are Playing Whack-A-Mole With Everyone Suing Them Over Their Metal Warehousing Businesses

Far from dissociating itself from Goldman’s anticompetitive purchases and diversions agreements, th…

Linette Lopez   


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2 mins read

Glencore shares are crashing after 2 workers died in an accident at a copper mine

Despite being the by far the biggest loser on the FTSE100 today, Glencore isn't the only commodity …

Will Martin   


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2 mins read

Glencore is selling two copper mines to help tackle its debt mountain

The company, which keeps its trading activity veiled in secrecy, announced on Friday it was cutting…

Oscar Williams-Grut   


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2 mins read

Buying Glencore bonds could be the easiest money you'll make this year

Glencore has about $6.5 billion in cash and almost double that in available liquidity according to …

Ben Moshinsky   


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2 mins read

Goldman Sachs: Glencore is unlikely to go private because it needs public cash

Glencore shares initially nose-dived because investors were worried that the mining giant, which ha…

Lianna Brinded   


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1 min read

Mining Billionaire And CEO Ivan Glasenberg Does Not Believe In Work-Life Balance

The Wall Street Journal asked the 57-year-old CEO if his company had work-life balance. His respons…

Max Nisen   


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2 mins read

Departing CEO In Mega-Merger Has Real Doubts About How The New Company Will Be Run

“Glencore has a completely different view of the way a company should be run ... [Trading] is about…

Max Nisen   


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2 mins read

Glencore just took 500,000 tonnes of zinc off the market and the price is jumping

Glencore controls a huge chunk of global zinc production so reducing its output by a third will hav…

Oscar Williams-Grut   


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1 min read

Glencore's chairman announced he's buying shares and the stock is having another surge day

The stock is coming surging back today: It's currently up over 14%, after a double digit climb yest…

Mike Bird   


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2 mins read

Glencore is paying off a $10 billion debt pile and its stock is flying

Analysts at Accendo Markets said: "While the fact remains that commodities are still under immense …

Ben Moshinsky   


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1 min read

The FTSE 100 is on its biggest bull-run since 2011 - and it's all thanks to Glencore

Bloomberg is reporting that today's performance means the biggest 5-day gain in four years for the …

Oscar Williams-Grut   


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2 mins read

There's another mining company that's now doing even worse than Glencore this week

Anglo American was actually named on the same Investec note that suggested Glencore's entire market…

Mike Bird   


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2 mins read

Glencore's CEO lost $500 million of personal wealth in a single day of market chaos

Analysts at Investec warned on Monday that the tumbling value of the company could see it completel…

Mike Bird   


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4 mins read

Glencore is getting crushed after Goldman Sachs says its credit rating might be screwed

Since announcing c.$10bn of debt reduction measures on September 7 and completing a 9.9% equity pla…

Jim Edwards   


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2 mins read

Glencore's CEO took home $1.5 million last year despite a 69% fall in profits

As if that wasn't enough, shares cratered 29% in a single day after Investec argued that the entire…

Oscar Williams-Grut