Monday 28 July 2014

Glencore

Description:

GLNCY

The Switzerland-based commodities company spent big to expand its business. It posted a loss in 2013 after acquiring Anglo-Swiss mining company Xstrata. The net loss 

for shareholders was 7.4 billion in 2013, compared with a 1 billion profit posted a year ago. This loss is largely ascribed to a 11.1 billion one-time charge from the Xstrata purchase.

Key Financials:

Revenues 232,694.008.5%
Profits -7,402.00-837.3%
Assets 154,932.00

fortune.com

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