Glencore Shares News & Articles

Market report: Miners take the lead while LSE splashes out and retailers revel in pricing news

UK stocks are on the front foot this morning with the FTSE 100 index up 1.3% to 6,833 points led by mining stocks ahead of the resumption of US-China trade talks. Evraz (EVR) adds 1.6% to 487p, Glencore (GLEN) adds 1.9% to 303p, Anglo American (AAL) adds 2.3% to £18.93 and Rio Tinto (RIO) is out front up 3% to £41.98. Company news is thin on the ground with London Stock Exchange (LSE) the ...

Market report: FTSE 100 slips on weak Asian markets but energy stocks keep mid-caps bubbling

UK stocks start the year on the back foot with the FTSE 100 index falling 1.6% or 106 points to 6,622 giving up almost all of its post-Christmas gains. Every sector except Tobacco is in the red this morning with Banks, Industrial Engineers, Miners and Oils providing the biggest drag on the index. Best-performing stocks in the FTSE 100 are Imperial Brands (IMB) and retailers Next (NXT) and ...

Market report: Next basks in glow of summer sales boom, Card Factory weak, CMC warns

UK fashion retailer Next (NXT) has lifted its full year profit forecast by £10m to £727m after it saying that trading in August was better than expected. Shares in the FTSE 100 high street operator shot to the top of the FTSE 100 leader board in early trade on Tuesday after the company revealed ‘we did not experience any material loss of sales in August or early September.’ The shares ...

Market report: Investors toast Fevertree figures, Superdry founder flogs stock and Drax hurt by downtime

Fancy mixer drinks supplier Fevertree Drinks (FEVR:AIM) storms more than 10% higher in early trade on Tuesday after indicating it will beat full year forecasts. Shares in the AIM favourite fizz 355p up to £38.10 on word that full year results will be ‘comfortably ahead’ of expectations, as the premium drinks maker reported a 35% jump in first half core earnings on the back of strong sales ...

Market report: Superdry soars on special dividend and trading recovery; Primark fails to halt ABF sugar sell-off

Fashion chain Superdry (SDRY) on Thursday posted double-digit growth in full year revenue and underlying pre-tax profit, helped by its wholesale segment, sending its share price racing to the top of the FTSE All-Share in early trade. The company has also declared a special dividend worth 25p per share. Reported pre-tax profit fell to £65.3m, from £84.8m in the previous year due to currency ...

Market report: Bank reporting season continues to disappoint with Barclays latest to post profit performance

UK banking group Barclays (BARC) has reported a loss of £236m in its first quarter to the end of March as regulator fines again drag on performance. Last month the bank agreed to pay $2bn to settle a lawsuit by the US government. Today's loss reflects that massive charge. Stripping away those penalty effects, Barclays reported a slight increase in profits to £1.7bn, although much like its ...
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