Teodor Dimov | Trading Pedia

Suzuki Motor share price down, to buy back Volkswagen’s stake after arbitration ruling

August 31, 2015 10:10 am

Japanese car maker Suzuki Motor Corp said on Sunday it would buy back a 19.9% stake it sold to Volkswagen AG in 2010 after an international arbitration court granted it an exit from a fruitless tie-up. A classic example of a failed partnership in the car industry where complex supply chains and differences in management […] Read more

Natural gas trading outlook: futures decline on active weather

August 31, 2015 8:53 am

Natural gas slid on Monday despite an upcoming warm-up across the majority of the US as weak weather systems will keep temperatures from becoming excessively hot ahead of what is expected to be a much larger than average inventory build to be reported on Thursday. Natural gas for delivery in October traded 1.88% lower at […] Read more

Gold futures steady on US rate hike outlook, headed for monthly gain

August 31, 2015 7:09 am

Gold was little changed on Monday, dragged by recent Fed comments supporting a near-term increase in interest rates, but was still on track to post its biggest monthly gain since January on safe-haven bids fueled by the recent volatility in global markets. Comex gold for delivery in December was near flat at $1 133.9 per […] Read more

GameStop share price up as Q2 results beat estimates

August 28, 2015 10:19 am

GameStop Corp, the worlds largest retailer of video games and related products, reported on Thursday solid growth in second-quarter profit and revenue and boosted its full-year guidance, aided by the release of highly-awaited video games and growth in its new initiatives. The company said that net profit for the three months ended August 1st rose […] Read more

Natural gas trading outlook: futures swing on active weather, inventory data

August 28, 2015 8:44 am

Natural gas rose in early European trading on Friday, paring a weekly drop ahead of a warm-up across the north-eastern US, but gains were limited by an overall bearish pattern as any protracted heat wave seemed unlikely. Natural gas for delivery in October traded 0.90% higher at $2.688 per million British thermal units at 08:17 […] Read more

Gold futures head for weekly drop on US rates outlook

August 28, 2015 7:20 am

Gold ticked up in early European trading on Friday but headed for its worst weekly performance in five weeks as another bit of key US data backed the case of a near-term interest rate increase by the Federal Reserve. Comex gold for delivery in December traded 0.64% higher at $1 129.8 per troy ounce at […] Read more

Pernod Ricard share price drops as full-year profit misses estimates

August 27, 2015 9:51 am

Pernod Ricard SA, the world’s second-biggest liquor group, reported on Thursday a 15% drop in full-year profit amid a continued market decline in China and a hefty writedown on its Absolut vodka brand. The French company, also maker of Martell cognac and Jameson whiskey, said that net profit for the year ended June 30th dropped […] Read more

Natural gas trading outlook: futures drop on cooler weather ahead of EIA report

August 27, 2015 8:22 am

Natural gas was down in early European trading on Thursday as cooler conditions across the US Midwest and East curb cooling demand, while the Energy Information Administration is expected to report a near-normal inventory build later in the day. Tropical storm Erika was also in focus. Natural gas for delivery in October traded 0.92% lower […] Read more

Gold futures pause drop on US rates outlook, GDP data in focus

August 27, 2015 7:08 am

Gold steadied in early European trading on Thursday following three days of losses as a Fed official raised speculations a US rate hike might be delayed beyond September, while a rebound in Asian shares and upbeat US economic data weighed on the metal. Comex gold for delivery in December traded 0.18% higher at $1 126.6 […] Read more

Oshkosh share price surges, wins $6.75-billion US Army contract to replace Humvee

August 26, 2015 10:04 am

US specialty truck maker Oshkosh Corp won on Tuesday a military contract to replace aging Humvees used by the US Army and the Marine Corps. The Wisconsin-based company was chosen over Lockheed Martin, the biggest government contractor, Britains BAE Systems, and AM General, the Humvee’s maker, to build almost 17 000 new light trucks, valuing […] Read more