|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.06 - 16.22|
|52 Week Range||11.67 - 17.61|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||8.77|
|Forward Dividend & Yield||0.29 (1.83%)|
|1y Target Est||N/A|
Vingroup JSC, Vietnam's biggest-listed firm by market value, said on Friday it had signed a deal with Qualcomm and a unit of Japan's Fujitsu Ltd to produce 5G smartphones in the country. The Vsmart phones will be manufactured at its factory in the capital city of Hanoi and will be sold in the U.S. and European markets from April next year, Vingroup said in a statement. Vingroup launched Vsmart brand in December last year, seeking to win market share from popular brands Samsung and Apple in Vietnam, which has a population of 95 million people.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Fujitsu Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Japan K.K. has affirmed Fujitsu Limited's A3 long-term issuer ratings. At the same time, Moody's has changed the outlook to negative from stable. "The negative outlook reflects Moody's concerns over Fujitsu's ability to execute its business plan, and the increasing uncertainty regarding its capacity to improve profitability to a level that is more in line with its global peers," says Masako Kuwahara, a Moody's Vice President and Senior Analyst.
Japan's Nikkei rose to more than two-month highs on Wednesday morning, as progress in U.S.-China trade talks helped lift cyclical stocks such as autos and electronic equipment firms. The optimism comes despite Japan's exports in January posting their biggest decline in more than two years as China shipments tumbled and orders for its machinery goods fell sharply. The market largely shrugged off weak trade data, which showed that Japan's exports fell 8.4 percent in January from a year earlier, focusing instead on stronger prospects of a potential U.S.-China trade deal that could boost equity markets.