Mitsubishi to shut Singapore oil-trading unit after losses by trader [Reuters]
MITSUBISHI CORP SPON (MSBHY)
NASDAQ:AMEX Investor Relations:
mitsubishicorp.com/jp/en/ir
Company Research
Source: Reuters
Mitsubishi to shut Singapore oil-trading unit after losses by trader TOKYO (Reuters) - Japanese trading house Mitsubishi Corp ( 8058.T Mitsubishi said the unit, Petro-Diamond Singapore, “has confirmed after closing the positions concerned, it will realize a loss of approximately 34.2 billion yen ($314 million) before taxes, which could put the subsidiaries final debt as high as 30.8 billion yen.” Mitsubishi Corp, Japan’s biggest trading house by sales, said in September the trader at Petro-Diamond had lost $320 million through unauthorized transactions in crude oil derivatives and that the matter had been reported to the police. The trader later denied wrongdoing in a statement issued through a lawyer. Reporting by Yuka Obayashi; Writing by Aaron Sheldrick; Editing by Tom Hogue Our Standards: The Thomson Reuters Trust Principles.
Show less
Read more
Impact Snapshot
Event Time:
MSBHY
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
MSBHY 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
MSBHY alerts
High impacting MITSUBISHI CORP SPON news events
Weekly update
A roundup of the hottest topics