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Detailed text transcripts for TV channel - CNN - 20110505:08:09:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110505:08:09:00

But that won't unduly trouble the man at the top. this is the man that stands to benefit the most from glencore's public listing. its chief executive ivan dlasenberg. . he should profit $9.6 billion from the ipo, which will turn him into one of europe's richest men and put him in the number 64 slot on the list. interesting, nina, about glencore. not a lot is known about the company. it seems to be something to do with big commodity players, they tend to keep pretty much to themselves. glencore is not the only one based in switzerland either. it has 57,000 employees across 40 countries.

Detailed text transcripts for TV channel - CNN - 20110505:08:08:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110505:08:08:00

That if the contraction begin continues beyond one month, the economic recovery may be at serious risk. looking ahead to thursday, investors await figures on jobless claims and worker productivity as well as earnings from general motors and cvs caremark. that's a wrap of the day on wall street. i'm alison kosik in new york. it's a multibillion dollar commodity surround by speculation. spitzerland-base ed glencore is getting ready to go public. it's expected to have a market valuation that has traders talking for weeks. now, today's big number is no less than $61 billion, because this is the ...