Anglo American PLC (NGLB.HA)
- The Telegraph
Tories revolt over ‘catastrophic’ cuts at Yorkshire mine owned by Anglo American
Anglo American is facing a backlash from local Tories over “catastrophic” cuts proposed at a Yorkshire fertiliser mine owned by the FTSE 100 company.
- Investing.com
Anglo American: Jefferies downgrades to Hold as $49 bln BHP offer falls through
Investing.com-- Anglo American PLC (LON:AAL) was downgraded by Jefferies after a takeover attempt by mining giant BHP Group Ltd (ASX:BHP) fell through this week, with the brokerage citing potential risks as the copper miner undertakes a major restructuring.
- Yahoo Finance Video
Major energy M&A deals, the market's momentum: Morning Brief
How are the major market averages (^DJI, ^IXIC, ^GSPC) feeling this morning after the Nasdaq's big climb above 17,000 on Tuesday? Yahoo Finance's The Morning Brief is here to help investors start their trading day off right as hosts Seana Smith and Brad Smith walk you through the top stories and market trends. Hess Corp. (HES) shareholders approved the $53 billion buyout deal with Chevron (CVX). In other energy M&A news, ConocoPhillips (COP) is set to acquire Marathon Oil (MRO) in an all-stock deal valued at $17.1 billion. Tortoise Portfolio Manager Rob Thummel told Yahoo Finance that this deal came as a total "surprise." Lastly, platinum miner Anglo American (NGLOY, AAL.L) rejected BHP Group's (BHP) bid to extend their merger deadline. Russell Investments President and Chief Investment Officer Kate El-Hillow sits down with the team in-studio to discuss the market's momentum trade and the strength of this earnings season's fundamentals. This post was written by Luke Carberry Mogan.
