Glencore Archive

Glencore shares jump as Europe gets commodities boost

Source photo European shares climbed higher on Monday, with a surge in Glencore lifting the mining sector and firmer oil prices giving energy stocks a boost. The pan-European FTSEurofirst 300 index rose 1.7 percent while the euro zone’s blue-chip Euro STOXX 50 index also advanced 1.6 percent. German potash producer K+S slumped, however, after Potash [&hellip

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

When something is called junk, chances are you probably don’t want to buy it. Traders in Glencore bonds have stopped using the rate of interest to describe how much they’re worth, and are quoting prices in cents on the dollar of face value, according to a report in the Financial Times on Thursday. The change [&hellip

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Glencore shares are getting obliterated and analysts say shareholders could lose everything

Source photo Mining giant Glencore’s stocks are being dumped heavily again on Monday, falling by 10.5% as of 9:47 a.m. UK time (4:47 a.m. ET). Goldman Sachs speculated last week that the company would not be able to hold onto its BBB investment-grade credit rating, and risked being downgraded to junk. Here’s how it looks [&hellip

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