Wednesday, February 21, 2018

Glencore FY17 Profit Surges On Higher Commodity Prices; Stock Climbs

Shares of Glencore plc were gaining around 4 percent in the morning trading in London after the producer and marketer of commodities reported Wednesday a significant growth in fiscal 2017 profit on strong higher commodity prices. Chief Executive Officer Ivan Glasenberg said, "Our performance in 2017 was our strongest on record, driven by our leading Marketing and Industrial asset businesses."

from RTT - Earnings http://ift.tt/2BGHabz
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