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Glencore stock getting hammered as China slowdown, commodities rout hit profit

Cecilia Jamasmie | August 19, 2015 | 3:10 am Base Metals Energy Precious Metals Top Companies Africa Asia Australia China Europe Latin America Coal Copper Gold Iron Ore Nickel Potash Zinc 

[caption id="attachment_831880" align="aligncenter" width="600"] CEO Ivan Glasenberg blamed the share price weakness on the ongoing commodity rout and “short-term hedge funds” that he said did not understand Glencore’s business. (Photo: Commodity Global)[/caption] Shares in mining and commodity trader giant Glencore...

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