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copper-investing

Xstrata Plc Reported a 12% Increase in Full-Year Profit

Investing News Network
Feb. 07, 2012 11:03AM PST
Base Metals Investing

Bloomberg reported that Xstrata Plc (LSE:XTA) has decided to merge with Glencore International Plc (LSE:GLEN) and has reported a 12% increase in full-year profit.

Bloomberg reported that Xstrata Plc (LSE:XTA) has decided to merge with Glencore International Plc (LSE:GLEN) and has reported a 12% increase in full-year profit.

As quoted in the market news:

Net income before exceptional items rose to $5.79 billion from $5.15 billion a year earlier, Zug-based Xstrata said in a statement.

Click here to read the full Bloomberg report.

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