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Stock impact report

Anglo American hit by De Beers writedown, posts $3.7-billion loss [Globe and Mail, The (Toronto, Canada)]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
from soaring copper prices while diversified peers struggled with weaker iron ore, diamond and coal markets. Core earnings, or EBITDA, of US$6.4-billion were in line with an analysts' estimate. It declared a dividend of US$0.23 per share, or about US$200-million. That was down from US$0.64 a share, or US$800-million, a year earlier. The company's share price was up 1.7 per cent by 09:19 GMT on the London Stock Exchange. Anglo, which in July discontinued nickel and steelmaking coal assets that it is seeking to sell, aims to focus on copper and iron ore assets. It demerged its platinum business in May, and said it is moving forward with plans to sell De Beers. The company announced a potential partnership with Mitsubishi Corp. for its Woodsmith fertilizer project in northern England, which it had placed on care and maintenance. “We believe this potential partnership would add optionality and time to pursue further syndication/partnerships,” said Goldman Sachs analysts. DE Show less Read more
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