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News Breaks | | | | November 12, 2012 | | 07:16 EDT |  | XSRAY, GLNCY | Glencore, Xstrata deal faces complicated shareholder vote, WSJ reports
Xstrata’s (XSRAY) effort to close the merger with Glencore (GLNCY) has run into another hurdle that could prove fatal. Shareholders next week will vote on the merger using an untested ballot system devised to sidestep investor opposition to retention payments that Xstrata has proposed, reports the Wall Street Journal.Reference Link | |
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News For XSRAY;GLNCY From The Last 14 Days Check below for free stories on XSRAY;GLNCY the last two weeks. |
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| June 17, 2013 | | 08:22 EDT | | GLNCY | Mining companies draw new regulator scrutiny, Bloomberg reports
Until now mining companies have been relatively free of political scrutiny. But world leaders, gathering in Northern Ireland for the Group of Eight summit beginning today, have mining transactions and companies in their cross hairs. They are proposing tighter oversight by requiring companies to disclose all payments made to foreign governments, reports Bloomberg.Reference Link | | | June 14, 2013 | | 05:45 EDT | | GLNCY | Coal exports fall on Asian oversupply, WSJ reports
Coal exports are slowing, reports the Wall Street Journal. In a troubling sign for U.S. coal producers, shipments fell 31% in April from March driven largely by an oversupply in Asia for metallurgical coal used in steel making. As a result, U.S. producers are now at a further disadvantage to overseas competitors because weakening metallurgical-coal prices are making high-cost U.S. production less profitable for export.Reference Link | | | June 12, 2013 | | 06:24 EDT | | GLNCY | Rio, Glencore consider combining Australian coal assets, Reuters reports
 Subscribe for More Information | | | June 6, 2013 | | 06:16 EDT | | GLNCY | Glencore to hire four Morgan Stanley LNG traders, Bloomberg reports
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