Trafigura Wrestles With Future of Metals Unit after Losses [Financial Post (Toronto, Ontario, Canada)]
GLENCORE PLC UNSP/ADR (GLNCY)
US:NASDAQ Investor Relations:
glencore.com/investors
Company Research
Source: Financial Post
Author of the article: (Bloomberg) — Commodity trading giant Trafigura Group has been exploring a range of potential deals involving its metals business, as it grapples with the unit's future following a string of missteps. Trafigura's metals business has been under pressure for over a year, as profits shrunk and the company was hit by a massive alleged nickel fraud. The contrast with its hugely profitable energy traders has triggered tensions inside the company at a time when it is also facing questions about succession, with executives jostling for position after one of Trafigura's longstanding leadership trio announced plans to retire next year. Trafigura, which vies with Glencore Plc for the title of the world's largest metals trader, has held preliminary discussions about the business with several potential partners in the Middle East and Asia, according to people with direct knowledge of the matter. The discussions have encompassed a variety of possible deals, ranging f
Show less
Read more
Impact Snapshot
Event Time:
GLNCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLNCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLNCY alerts
High impacting GLENCORE PLC UNSP/ADR news events
Weekly update
A roundup of the hottest topics
GLNCY
News
- Abcourt Announces Binding Term Sheet with Glencore AG for Senior Debt Financing and Offtake Agreement [Yahoo! Finance]Yahoo! Finance
- Glencore (OTCMKTS:GLNCY) had its "overweight" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
- Glencore (OTCMKTS:GLNCY) was downgraded by analysts at UBS Group AG from a "strong-buy" rating to a "hold" rating.MarketBeat
- Glencore (OTCMKTS:GLNCY) had its "overweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- Vale Base Metals and Glencore Canada agree to evaluate development of Sudbury copper deposits [Yahoo! Finance]Yahoo! Finance