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Xstrata Plc Adr (XSRAY)

- OTC Markets
XSRAY is defunct.
  • May 3, 2013, 8:26 AM
    Glencore Xstrata (GLCNF.PK) unveils an integration plan that puts Glencore firmly in control of the combined company, appointing 12 Glencore and two Xstrata execs to the management team. CEO Ivan Glasenberg says success will hinge on strength in commodity prices, which have slumped since the Feb. 2012 merger announcement. Shares up more than 4% on the first day of London trading.
    | May 3, 2013, 8:26 AM | Comment!
  • Aug. 15, 2012, 11:34 AM
    Walter Energy (WLT +1.7%) powers into positive territory after a Doug Kass tweet speculates Xstrata (XSRAF.PK, XSRAY.PK) is considering a ~$47.50/share bid for the coal producer. Shares had been down 5% earlier in the session.
    | Aug. 15, 2012, 11:34 AM | 4 Comments
  • Jun. 13, 2012, 3:13 PM
    Xstrata (XSRAF.PK) shareholders can blame Martin Sorrell for the stock's 5% swoon in London trading today. The merger of Glencore (GLCNF.PK) and Xstrata is contingent on shareholders approving a package of incentives for Mick Davis and his Xstrata colleagues worth at least £217M, and the vote against Sorrell's big payday makes the deal look even more unlikely.
    | Jun. 13, 2012, 3:13 PM | Comment!
  • May 29, 2012, 2:25 PM
    Peru's government declared a state of emergency last night in southern Peru after deadly protests opposing Xstrata's (XSRAF.PK +5.2%) Tintaya copper mine. Anti-mining activists have recently halted investments in several planned mines, such as Southern Copper's (SCCO +2.1%) Tia Maria project and Newmont Mining's (NEM -1.9%) Minas Conga project.
    | May 29, 2012, 2:25 PM | 1 Comment
  • Mar. 8, 2012, 11:27 AM
    A unit of Swiss mining giant Xstrata (XSRAY.PK +2%) agrees to acquire a Canadian coal deposit from Talisman Energy (TLM +0.9%) for $500M in cash. The Sukunka coking coal deposit in British Columbia, which has an estimated 236M metric tons of resources, will "meaningfully increase our exposure to hard coking coal," the company says.
    | Mar. 8, 2012, 11:27 AM | Comment!
  • Feb. 2, 2012, 5:12 AM
    Glencore (GLCNF.PK) has offered to acquire the 66% of Swiss miner Xstrata (XSRAY.PK) it doesn't already own. Based on yesterday's close, the stake would be worth about $35B. One analyst described the synergies: "On one end you have great mining expertise, on the other you've got great marketing expertise. Two and two together should make five." Glencore is +5.1% in London. Xstrata is +9.3%. (Bloomberg)
    | Feb. 2, 2012, 5:12 AM | Comment!
  • Aug. 2, 2011, 7:01 AM
    Xstrata (XSRAY.PK): H1 EPS of $1.00 inline with expectations. Revenue of $16.8B (+23.0% Y/Y). Increases dividend 160%.  Shares -3.1% in London. (PR)
    | Aug. 2, 2011, 7:01 AM | Comment!
Company Description
Currently, there's no company description for XSRAY.