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AGL News2 articles
Anglo American Posts $3.7B Loss Amid De Beers Impairment, Eyes Teck Merger
Anglo American closed 2.2% higher on the JSE despite reporting a substantial annual loss, largely due to a significant impairment at its De Beers diamond unit. The company reduced its dividend and noted that only two regulatory approvals remain for its planned merger with Teck Resources.
AGL Energy Gains Ahead of Dividend Cut-Off as Utilities Outperform
AGL Energy shares edged higher Friday, trading above average volume ahead of its interim dividend ex-date. The utilities sector rose 0.7% while the broader ASX 200 dipped slightly.