Anglo American Loses Another Two Percent

Bloomberg reported Anglo American (LSE:AAL) stocks continued to slide after reporting a first-half profit plunge of 46%.

As quoted in the market news:

The stock slid as much as 2 percent to 1,856.5 pence, after dropping 3.6 percent on July 27 as earnings missed forecasts. Anglo had a “terrible” first half, Jefferies International Ltd. analysts including Christopher LaFemina said in a note.

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