Japan Bank Shares Up On Forecasts

Shares in Japan's biggest banks rise after they forecast profits for this financial year that exceed analyst expectations.

Topics:  japan   bank   shares   
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    Still, Wednesday's gains were capped ahead of the U.S. central bank's decision on interest rates later in the day. "Many investors remain sidelined," said Hiroichi Nishi, SMBC Nikko Securities" general manager of equities. Korea's Kospi was up 0.9% and ...
    10/28/2014 - 7:54 pm | View Link
  • Nomura is big in Japan, but weak in Europe
    NOMURA’S shares shot up yesterday as investors welcomed healthy growth in the Japanese banking group’s profits. Net income came in at ¥52bn (£298m) in the second quarter of the bank’s financial year, up 39 per cent on the same three-month period of ...
    10/28/2014 - 3:05 pm | View Link
  • Internet Initiative Japan Inc. Stock Rating Upgraded by Zacks (IIJI)
    Their analysts now have a $107.60 price target on that stock. Also, Zacks upgraded shares of The Bank of Nova Scotia from a neutral rating to an outperform rating. Zacks now has a $69.20 price target on that stock. Finally, Zacks upgraded shares of LG ...
    10/28/2014 - 7:48 am | View Link
  • Suga downplays conflict involving new trade chief’s Tepco stake
    Suga said Minister of Economy, Trade and Industry chief Yoichi Miyazawa will soon move the shares to a trust bank and will be unable to trade them while in office. Miyazawa’s stake is worth about ¥200,000, Suga said. Tepco, as the beleaguered utility is ...
    10/24/2014 - 9:00 pm | View Link
  • Japan trade minister in conflict of interest row over Tepco shares
    the rules say he or she should refrain from trading shares during their term and entrust those shares to a trust bank … minister Miyazawa has already started on that process,” he added. Miyazawa said he had spoken to the staff who had claimed ¥18,230 ...
    10/23/2014 - 11:28 pm | View Link
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