Glencore Drops Most in More Than 5 Weeks in H.K. After Placement
2015-03-04 01:25:02.414 GMT
By Jan Dahinten
(Bloomberg) -- Shares drop 4.4% pre-mkt, down most since
Jan. 26 as Deutsche Bank starts sale of ~54m shrs from First
Reserve.
* Drop extends YTD loss to 5.1% vs 2.5% decline for London-
listed shrs, which fell 3.1% yday
* NOTE: Co. yday reported profit that beat est. as oil,
agricultural trading helped it weather rout in resource
prices
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To contact the reporter on this story:
Jan Dahinten in Singapore at +65-6212-1164 or
jdahinten@bloomberg.net
To contact the editor responsible for this story:
Jan Dahinten at +65-6212-1164 or
jdahinten@bloomberg.net
2015-03-04 01:25:02.414 GMT
By Jan Dahinten
(Bloomberg) -- Shares drop 4.4% pre-mkt, down most since
Jan. 26 as Deutsche Bank starts sale of ~54m shrs from First
Reserve.
* Drop extends YTD loss to 5.1% vs 2.5% decline for London-
listed shrs, which fell 3.1% yday
* NOTE: Co. yday reported profit that beat est. as oil,
agricultural trading helped it weather rout in resource
prices
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Jan Dahinten in Singapore at +65-6212-1164 or
jdahinten@bloomberg.net
To contact the editor responsible for this story:
Jan Dahinten at +65-6212-1164 or
jdahinten@bloomberg.net