03.03.2011 - Commodity prices to deliver bumper Glencore profit
From Reuters: Privately held Glencore, the world's largest commodity trader, is expected to post a big rise in annual profit on Thursday as it prepares for a possible giant stockmarket listing. The Swiss trader posted first-half net income of $1.56 billion, up 42 percent on a year earlier, as significantly higher metal prices boosted profit from its own mines and other assets...........................................Full Article: Source
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