GLENCORE INTERNATIONAL PLC (GLCNF, 5.35; RATED OVERWEIGHT; PRICE TARGET LOWERED FROM $7 to $6/share) BREAKDOWN OF SOUTH AFRICAN COAL PROJECTS; LOWER ESTIMATED 2012 COPPER AND ZINC OUTPUT AND HIGHER ESTIMATED 2012 OIL OUTPUT; LARGER NET DEBT 10/15/2012
GLENCORE INTERNATIONAL PLC (GLCNF, 5.35; RATED OVERWEIGHT;
PRICE TARGET LOWERED FROM $7 to $6/share) BREAKDOWN OF SOUTH
AFRICAN COAL PROJECTS; LOWER ESTIMATED 2012 COPPER AND ZINC
OUTPUT AND HIGHER ESTIMATED 2012 OIL OUTPUT; LARGER NET DEBT 10/15/2012