CNBC's Kate Kelly reports on commodity giant Glencore's efforts to reduce its debt, after the stock hit an all-time low on Monday.
Asian stocks were mixed on a subdued Friday, as investors awaited the crucial U.S. nonfarm payrolls report for September.
Glencore has fought this week to reassure investors, employees and counterparties on its financing, with mixed results.
Glencore is moving ahead with a $10 billion debt reduction plan. CNBC’s Kate Kelly discusses the company’s future plans.
Steve Jacobs, fund manager at BTG Pactual, explains why Glencore has “more tools in its armory” than they’re credited for by the market.
The firm that triggered a massive share price crash for Glencore this week believes it's too early to relax over the commodity giant's financing.
Jeremy Wrathall, head global natural resources at Investec, says Glencore may have to undertake further restructuring.
European stocks closed mixed to lower on Thursday, as start-of-quarter enthusiasm petered out among investors and telecom stocks weighed on investor sentiment.
Traders have started to quote prices for Glencore debt in a manner normally associated with lower-quality paper, the FT reports.
Jim Cramer took a close look to pinpoint what triggered the stock decline this quarter. Hint: It wasn't the Fed.
Jim Cramer sees that things are improving, but investors are still in a bear market. He won't be bullish until these 7 things happen.
Officials at Glencore sought to reassure credit investors after a market rout earlier this week.
U.S. stocks closed higher, following a rally in global markets, but the major averages still posted the worst quarter in four years.
The euro lost ground on Wednesday on data showing euro zone inflation dipped back into negative territory in September.
Paul Gait, Sanford Bernstein, says that even thought the stock has been hammered lately, he's still optimistic.
European stocks finished sharply higher Wednesday as equity markets rallied globally at the end of a torrid month.
Wall Street shares were expected to open with solid gains on Wednesday, bolstered by a strong performance in Asian and European markets.
The fourth quarter looks like it will be bumpy, and investors shouldn't be taking on extra risk, Christopher Wolfe said.
Wayne Lin, portfolio manager and investment strategy analyst at QS Investors, disagrees with billionaire investor Carl Icahn that low rates are causing bubbles in art, real estate and high-yield bonds.
U.S. stocks closed mixed, attempting to stabilize after a sharp sell-off, as commodities recovered slightly but biotech stocks failed to hold gains.