| Embattled commodities trader Noble swung to a loss in the second quarter, as it continued with a turnaround plan to regain investor confidence. The Hong-Kong based group said today that it had initiated the sale of its power marketing business Noble Americas Energy Solutions, with the proceeds due to be ploughed into its turnaround plan.
"Interest in the sale has been strong and we are now entering the latter stages of the process, with completion expected in a couple or so months' time," Noble's British born founder and executive chairman, Richard Elman, said...............................................Full Article: Source
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