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AngloAmerican


Actualités

Top of the Street: Nestle, Anglo American, Bureau Veritas

BUZZ-Top of the Street: Nestle, Anglo American, Bureau Veritas A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank downgrades Nestle NESN.S to "hold" from "buy", saying the world's biggest packaged food company went "a cut too far" as it trimmed its sales growth outlook on Thursday ** UBS raises British miner Anglo American AAL.L to "buy" from "neutral" as it sees better risk/reward ratio after the stock fell enough following BHP's BHP.AX offer
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Greencore, UCB, Unilever

EUROPE RESEARCH ROUNDUP-Greencore, UCB, Unilever July 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Greencore, UCB, and Unilever, on Friday. HIGHLIGHTS * Greencore GNC.L : HSBC raises target price to 190p from 160p * Lonza Group AG LONN.S : JP Morgan raises target price to CHF 645 from CHF 600 * Sartorius Stedim Biotech STDM.PA : HSBC cuts target price to EUR 310 from EUR 360 * UCB SA UCB.BR : TD Cowen raises target price to E
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British Business - July 26

PRESS DIGEST-British Business - July 26 July 26 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Anglo American AAL.L took a $1.6 billion writedown at its Woodsmith mine fertiliser project in Britain. - Britain’s accounting watchdog, the Financial Reporting Council, issued financial sanctions totalling 48.2 million pounds ($61.98 million) in the year to the end of
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Anglo American has a job to exit post-BHP hole

BREAKINGVIEWS-Anglo American has a job to exit post-BHP hole The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Karen Kwok LONDON, July 25 (Reuters Breakingviews) - Duncan Wanblad’s job is not getting any easier. Two months after fending off Australian rival BHP’s BHP.AX $47 billion approach, the Anglo American AAL.L boss on Thursday delivered a decent set of half-year results.
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UK Stocks-Factors to watch on July 25

UPDATE 1-UK Stocks-Factors to watch on July 25 Adds new items, updates futures July 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.6%. * ASTRAZENECA: Anglo-Swedish drugmaker AstraZeneca AZN.L raised its sales and profit forecasts for 2024 and topped analyst expectations for second-quarter revenue, buoyed by demand for its therapies for cancer and rare diseases.
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Anglo takes further fertiliser writedown, sees coal deal by early 2025

UPDATE 3-Anglo takes further fertiliser writedown, sees coal deal by early 2025 Anglo to start nickel assets sale process this year Takes $1.6 bln writedown on fertiliser project Adds valuation in paragraph 7, updates shares in paragraph 8, adds analyst in paragraphs 16-17 By Clara Denina and Felix Njini LONDON, July 25 (Reuters) - Anglo American AAL.L took a further $1.6 billion writedown on its British fertiliser project on Thursday but said it expects to reach a deal to sell its coal assets b
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Anglo American takes $1.6 billion impairment at Woodsmith mine

Anglo American takes $1.6 billion impairment at Woodsmith mine LONDON, July 25 (Reuters) - Anglo American AAL.L on Thursday took a further $1.6 billion writedown at its costly fertiliser project in Britain as it takes more steps to cut costs after making a loss of $672 million in the first half. Anglo CEO Duncan Wanblad is under pressure to boost returns to investors and demonstrate that he is on track to deliver on his plan to radically trim and refocus the company to key metals copper and iron
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UK Stocks-Factors to watch on July 25

UK Stocks-Factors to watch on July 25 July 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.2%. * CAR OUTPUT: UK's car output fell for the fourth consecutive month in June, as more manufacturers wound down old models and transitioned towards electric vehicles, industry data showed. * MORTGAGE RATE: Rising mortgage rates in Britain likely pushed around 320,000 people into poverty, almost 100,000 more than suggested by official statistics,
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Anglo to face investors with wary eye on BHP's potential return

UPDATE 1-Anglo to face investors with wary eye on BHP's potential return Adds potential cut to diamond production in paragraph 8 LONDON, July 24 (Reuters) - Anglo American AAL.L investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49 billion takeover bid from bigger rival BHP Group BHP.AX .
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Anglo to face investors with wary eye on BHP's potential return

Anglo to face investors with wary eye on BHP's potential return LONDON, July 24 (Reuters) - Anglo American AAL.L investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49 billion takeover bid from bigger rival BHP Group BHP.AX . Delivering first-half earnings results for the first time after rebuffing the world's No.
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UK's Glencore sinks to bottom of FTSE 100 after HSBC cuts PT

BUZZ-UK's Glencore sinks to bottom of FTSE 100 after HSBC cuts PT ** Shares of miner and commodities trader Glencore GLEN.L down 2.4% at 432.9 pence ** Stock is top loser on the FTSE 100 index .FTSE ** Analysts at HSBC cut PT to 435p from 455p after commodity prices dipped in June amid global uncertainty from elections, conflicts and trade tensions
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Anglo American, Rio Tinto, Unilever

EUROPE RESEARCH ROUNDUP-Anglo American, Rio Tinto, Unilever July 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Rio Tinto and Unilever, on Tuesday. HIGHLIGHTS * Anglo American Plc AAL.L : HSBC cuts target price to 2,300p from 2,450p * Antofagasta Plc ANTO.L : HSBC raises target price to 1,400p from 1,100p * Belimo Holding AG BEAN.S : Jefferies raises target price to CHF 598 from CHF 498 * Rio Tinto RIO.L : HSBC
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Anglo's Kumba iron ore unit says private investors could help ease rail bottlenecks

UPDATE 2-Anglo's Kumba iron ore unit says private investors could help ease rail bottlenecks Updates throughout JOHANNESBURG, July 23 (Reuters) - Anglo American's AAL.L South African iron ore unit said on Tuesday private investors could help fix South Africa's failing rail network as it continues to struggle with shipping products to ports for export.
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Kumba Iron Ore stockpiles swell as rail, port constraints persist

Kumba Iron Ore stockpiles swell as rail, port constraints persist JOHANNESBURG, July 23 (Reuters) - Anglo American's AAL.L South African iron ore unit said on Tuesday it continues to build stockpiles at its mines due to persistent rail and port constraints. Kumba Iron Ore KIOJ.J said iron ore stockpiles at its mines swelled to 8.2 million metric tons in the first half of this year from 7.1 million during the same period last year as rail and port challenges worsen.
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Gold prices steady with US economic data in focus

PRECIOUS-Gold prices steady with US economic data in focus July 23 (Reuters) - Gold prices were steady on Tuesday as investors strapped in for U.S. economic data this week for clarity on the timeline for Federal Reserve's interest rate cut. FUNDAMENTALS * Spot gold XAU= held its ground at $2,398.29 per ounce, as of 0035 GMT, after falling to a more than one-week low in the previous session.
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Anglo American Shrinks Trading Unit As Part Of Major Restructuring - Bloomberg News

BRIEF-Anglo American Shrinks Trading Unit As Part Of Major Restructuring - Bloomberg News July 22 (Reuters) - ANGLO AMERICAN SHRINKS TRADING UNIT AS PART OF MAJOR RESTRUCTURING - BLOOMBERG NEWS Source text: https://bit.ly/46bxWk5 Further company coverage: AAL.L
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Anglo American To Sell Two Royalty Assets For Cash Proceeds Of Up To $195 Mln

BRIEF-Anglo American To Sell Two Royalty Assets For Cash Proceeds Of Up To $195 Mln July 22 (Reuters) - Anglo American PLC AAL.L : JSE: AGL - ANGLO AMERICAN AGREES SALE OF TWO ROYALTY ASSETS FOR CASH PROCEEDS OF UP TO US$195 MILLION Source text for Eikon: ID:nJseV0018a Further company coverage: AAL.L
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Anglo American to sell two assets to Taurus Funds for up to $195 mln

UPDATE 1-Anglo American to sell two assets to Taurus Funds for up to $195 mln Adds details in paragraphs 2-4 July 22 (Reuters) - Anglo American AAL.L said on Monday it has agreed to sell two royalty assets, including a De Beers-owned one related to the Onslow Iron project in Australia, to Taurus Funds Management for up to $195 million. Anglo had started a review of its assets in February and plans to divest less profitable assets and focus on expanding copper output after BHP's BHP.AX failed att
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Anglo American to sell two assets to Taurus Funds for up to $195 mln

Anglo American to sell two assets to Taurus Funds for up to $195 mln July 22 (Reuters) - Anglo American AAL.L said on Monday that it has agreed to sell two royalty assets, including a De Beers-owned one related to the Onslow Iron project in Australia and a gold and copper asset in Chile, to Taurus Funds Management for up to $195 million. Reporting
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Anglo American Agrees Sale Of Two Royalty Assets For $195 Mln

BRIEF-Anglo American Agrees Sale Of Two Royalty Assets For $195 Mln July 22 (Reuters) - Anglo American PLC AAL.L : ANGLO AMERICAN PLC - ANGLO AMERICAN AGREES SALE OF TWO ROYALTY ASSETS ANGLO AMERICAN PLC - ANGLO AMERICAN AGREES SALE OF TWO ROYALTY ASSETS ANGLO AMERICAN PLC - AGREES SALE OF TWO ROYALTY ASSETS FOR UP TO $195 MILLION ANGLO AMERICAN -
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