Glencore-Xstrata deal meets shareholder opposition
Author: admin8 Feb
Glencore-Xstrata deal meets shareholder opposition
LONDON (Reuters) - At least two top 10 shareholders in miner Xstrata plan to vote against a takeover by commodities trader Glencore, threatening the creation of a powerhouse spanning mining, agriculture and trading. Standard Life Investments and Schroders
Source: www.msnbc.msn.com
Futures trader Tsoi Bun convicted of price rigging after retrial
The Eastern Magistracy today convicted a futures trader, Mr Tsoi Bun, after a retrial of five charges of manipulating the calculated opening prices (COP) of index futures contracts in the futures market following his acquittal two years ago (Note 1).
Source: www.sfc.hk
Bruising year for commodities hedge funds
The fund, founded in 1988 by trader Willem Kooyker, suffered its worst month since inception in September, weighed down by bets on corn and aluminium, an investor said. Clive Capital, the second-largest commodities fund, run by former Moore Capital trader
Source: www.ft.com
Maize futures edge up
South African maize futures ended marginally firmer on Wednesday amid some consolidation following selloffs in recent sessions. Robert Steynberg, a trader at Vrystaat Koöperasie Beperk, said bargain hunters crept back into the market. In the short term
Source: www.iol.co.za
Exclusive: Trafigura deals in disputed Sudanese oil
Swiss-based commodities trader Trafigura has bought oil which the South Sudanese government claims was seized by Sudan, its northern neighbor and former civil war foe, industry sources told Reuters, and is now in a legal dispute over ownership. The tanker
Source: www.msnbc.msn.com
The Trend Trader for Futures
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Source: www.fxstreet.com
Commodity Trader Finds Opportunity in Real Estate
Professional traders, unabashed risk-takers, are always looking for the next hot opportunity not only to trade, but to own. Many are entrepreneurs in other businesses outside of investing and financial services — they’re in varied fields from sports
Source: www.cnbc.com
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