The Guardian
| 10 months ago
The group exceeded market forecasts with underlying earnings of $4bn, in a performance that will have stiffened the resistance of its second largest shareholder Qatar Holding to Glencore's approach. Glencore, which is Xstrata's largest investor with...
Sydney Morning Herald
| 10 months ago
Xstrata has swung into austerity mode in the face of falling commodity prices, targeting cost savings of $US970 million and deferring $US1 billion worth of spending this year. Xstrata overnight reported a 31 per cent drop in interim earnings before...
The Motley Fool
| 10 months ago
released its interim results this morning. L ) , reported a slump in profit but lifted its dividend by 8%. The results reignited speculation on whether Glencore's bid to merge with Xstrata will go ahead after what has lately been a deafening...
BBC
| 10 months ago
Xstrata profits drop on weaker commodity prices Xstrata is confident commodity prices will rebound Xstrata, which is in the midst of a takeover bid by Glencore, has said its profits dropped in the first half of this year, reflecting falling commodity...
The Courier-Mail
| 10 months ago
Xstrata has reported a 33 per cent drop in half-year net profit to $US1.9 billion ($A1.8 billion), owing mainly to a downturn in commodity prices. Operating profit slumped 43 per cent to $US2.4 billion while sales dropped seven per cent to $US15.6...
