|Bid||2,105.50 x 0|
|Ask||2,108.00 x 0|
|Day's Range||2,103.50 - 2,119.00|
|52 Week Range||1,740.00 - 2,302.50|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||6.04|
|Earnings Date||Oct 31, 2019 - Nov 5, 2019|
|Forward Dividend & Yield||85.00 (4.04%)|
|1y Target Est||2,581.80|
Moody's Investors Service has affirmed Shandong Ruyi Technology Group Co., Ltd.'s B2 corporate family rating (CFR) and the B3 rating on the senior unsecured notes issued by Prime Bloom Holdings Limited and guaranteed by Shandong Ruyi. "The negative outlook reflects our concern over Shandong Ruyi's deleveraging trends because of its high growth strategy and strong acquisitive appetite," says Chenyi Lu, a Moody's Vice President and Senior Credit Officer. Moody's expects Shandong Ruyi's debt leverage, as measured by adjusted debt/EBITDA, to recover to 7.0x-7.5x over the next 12-18 months from 8.5x in 2018, driven by improved EBITDA and partially offset by an increase in debt to support its investments and working capital needs.
Japan's Nikkei closed higher on Friday as companies with large exposure to China soared on Beijing's commitment to boosting economic growth, while investors also saw signs of progress in U.S.-China trade talks. There was little impact on the market from the Bank Of Japan's decision to keep monetary policy steady. China's economy is facing additional downward pressure but Beijing will not let economic growth slip out of a reasonable range, Premier Li Keqiang told reporters on Friday at end of the annual parliament meeting.
Japan's Nikkei made firm gains on Friday morning as a weaker yen supported exporter stocks, while chip-related companies rose on earnings from Broadcom after the Wall Street close. The market is focused ...
It's been a volatile up and down ride, fittingly enough, for shareholders of sportswear maker Descente 8114 . It's rare to see any shareholder activism in Japan. Descente shares have ascended 54.5% since the bidding began.
Tyto Care, a telehealth company that enables physicians to conduct on-demand remote exams, announced today that it has added $9 million to its Series C, bringing the round’s total to $33.5 million. The new funding comes from strategic investors Sanford Health, Itochu and Shenzhen Capital Group. First announced last year, the oversubscribed Series C was led by Ping An Global Voyager Fund, run by the Chinese financial conglomerate.
Jan 14 (Reuters) - CITIC Ltd: * CITIC WILL ESTABLISH AN INVESTMENT FUND IN SINGAPORE WITH JAPANESE TRADING HOUSE ITOCHU FOR BUILDING DATA CENTERS IN CHINA - NIKKEI * FUND WILL START OUT WITH INVESTMENTS ...
Jan 2 (Reuters) - Shandong Longda Meat Foodstuff Co Ltd : * SAYS SHAREHOLDER ITOCHU (CHINA) PLANS TO UNLOAD UP TO 2.1 PERCENT STAKE IN THE COMPANY WITHIN SIX MONTHS Source text in Chinese: https://bit.ly/2GSyhQx ...
Don Quijote Holdings Co Ltd: * ITOCHU CORP - ANNOUNCES RESULTS OF TENDER OFFER FOR SHARES IN DON QUIJOTE BY SUBSIDIARY FAMILYMART UNY Source text for Eikon: Further company coverage:
Japan's Itochu Corp on Friday booked a $1.3 billion loss on its investment in China's CITIC Ltd, blaming trade tensions between China and the United States for the writedown on its biggest corporate transaction. The announcement came while releasing earnings as Japanese trading houses sounded a warning about the Chinese economy and the impact of Sino-U.S. trade friction. "In light of the current status of the trade conflicts between the U.S. and China, Itochu considered the uncertainty of the economic outlook in China, where CITIC, conducts its primary business activities, was increasing," the trading firm said.
Turkey's Yildiz Holding has launched the sale of Godiva chocolate's Japanese business with the first round of the auction set to close early next month, sources said. The auction is being handled by Morgan Stanley, said the sources who asked not be identified because the sale process is private. Valuations are not set, with some sources estimating the business to be worth closer to $1 billion.
U.S. miner Peabody Energy Corp is in discussions to buy Colombia's top coal exporter Drummond International Llc, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. Peabody ...
Moody's Investors Service ("Moody's") has today changed the outlook on the backed senior secured rating of the GBP40 million index-linked notes due in 2041 (the notes) issued by Bristol Water plc (Bristol Water) to negative from stable. The rating action follows Bristol Water's business plan submission on 3rd September 2018, which sets out the company's proposed investment strategy and financial policy for the next five-year regulatory period commencing in April 2020, in light of what will likely be a challenging price review.
Japanese trading house Itochu Corp is to invest less than 1 billion yen ($9.05 million) in Singulato Motors, a Chinese smart, connected electric vehicle startup – a deal that might lead to further partnerships with Japanese automakers and suppliers, two people familiar with the matter said on Wednesday. The two sources said that although Itochu's stake will be small, the deal should create opportunities for Singulato, in which Intel Corp (INTC.O) also already has a small stake. "This deal opens up for Singulato a possible deal for cooperation with one or two Japanese automakers or parts suppliers," said one of the two people.