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Xstrata confirms Glencore merger approach but cautions that there is no certainty of a deal
Associated PressLONDON (AP) — Mining company Xstrata PLC confirmed Thursday that it is in merger discussions with commodities trader Glencore International PLC, a deal that would create an industry behemoth with around $175 billion worth of revenues. In a...Tags: Restructuring and Recapitalization, Bill Clinton, Companies and Corporations, Metal and Mineral, Mergers, Acquisitions and Takeovers
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World stock markets, dollar surge after strong US jobs data stokes recovery hopes
AP Business WriterLONDON (AP) — World stock markets and the dollar rallied strongly Friday after a better than expected U.S. jobs report for May stoked hopes that the world's largest economy may emerge out of recession earlier than anticipated. Figures from the...Tags: Gordon Brown, London (England), United Kingdom, Petroleum Industry, Foreign Exchange Market
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Bemis doubled its debt
(AP)NEW YORK -- Bemis Co., whose clear plastic packages hold everything from batteries to burgers, said late Sunday it is paying $1.2 billion for the global packaging business of Rio Tinto PLC. Buying the assets, known collectively as Alcan Packaging Food...Tags: Mergers, Acquisitions and Takeovers, Hamburgers, Bemis Company Incorporated, Mining, Moody's Corporation
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Surging materials stocks becoming a hot commodity
Investors are getting back to basics. Rising demand for essentials such as roads and infrastructure by the world's emerging countries has transformed the providers of basic materials into hot tickets. Commodity prices are rapidly increasing. Once...Tags: Allegheny Technologies Inc., Monsanto Company, Mining, Bucyrus International Inc., BHP Billiton Plc.
Feb 2, 2012
|Story| Associated Press
Jun 5, 2009
|Story| Associated Press
Jul 6, 2009
|Story| KFOR
Nov 4, 2007
|Story| Tribune Media Services
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