|Bid||2.9000 x 2900|
|Ask||2.9100 x 21500|
|Day's Range||2.8911 - 2.9200|
|52 Week Range||2.6600 - 3.6500|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||6.52|
|Forward Dividend & Yield||0.14 (4.76%)|
|1y Target Est||N/A|
3M Co. (MMM), Mizuho Financial Group Inc. (MFG), Sasol Ltd. (SSL), and Halliburton Co. (HAL) have declined to their three-year lows. The prices of 3M Co. (MMM) shares have declined to $166.09 on May 24, which is only 1.3% above the 3-year low of $163.85. 3M Co. is an American international conglomerate corporation with operations in the fields of industry, worker safety, health care, and consumer goods.
Japan's three largest banks all reported lower annual profits on Wednesday, highlighting the challenges faced by the banking industry as the world's third-largest economy looks to be headed for another downturn. The size of the declines varied - Sumitomo Mitsui Financial Group had a 1% drop while rival Mizuho reported an 83% dive - all three show the difficulty banks have in navigating Japan's ultra-loose monetary policy. Japanese banks have had to cope for years with an ageing and shrinking population and massive central bank stimulus that has left them with razor-thin profit margins.
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
* Thai baht slips after poor data * Rupee set for best month of gains since Nov 2018 (Adds text, updates prices) By Nikhil Nainan March 26 (Reuters) - Most Asian currencies were in positive territory on ...
Olive Garden's parent company Darden Restaurants, Inc. (NYSE: DRI) reported Thursday with a top-and-bottom line beat in its fiscal third quarter results and lifted its full-year 2019 outlook. Morgan Stanley's John Glass maintained an Equal-weight rating on Darden Restaurants with a price target lifted from $112 to $121. Bank of America Merrill Lynch's Gregory Francfort maintained at Buy with a price target lifted from $120 to $130.
D.A. Davidson initiating Lyft as buyGoldman Sachs downgrading Monster Beverage to neutral from buyJefferies downgrading Sony to hold from buyEvercore ISI initiating Costco as outperformEvercore ISI initiating Home Depot as outperformEvercore ISI initiating Bed, Bath & Beyond as underperformMizuho downgrading Wendy's to neutral from buyMizuho downgrading YUM Brands to underperform from neutralSunTrust initiating Allergan as buySunTrust initiating Jazz Pharmaceuticals as buyJ.
The potential for project delays at Anadarko Petroleum Corporation’s (NYSE: APC ) Mozambique site poses a risk to the company's 2022 free cash flow estimate, while additional risk is due to political uncertainty ...
Bausch Health Companies Inc’s (NYSE: BHC ) growth drivers will become “more tangible” in 2019, and shares could appreciate as the company continues to demonstrate good execution, according to Mizuho Securities. ...
Mizuho Financial Group Inc. last week reported about 150 billion yen ($1.35 billion) of valuation losses on its foreign-bonds portfolio, while Mitsubishi UFJ Financial Group Inc.’s foray into U.S. high-yield debt underwriting went awry. Less than two months ago, Nomura Holdings Inc. took an impairment charge of almost $750 million for its overseas investment-banking business. Mizuho and its rivals have a combined stockpile of 142 trillion yen in international bonds, so getting out of overseas markets is hardly realistic. More mishaps may be unavoidable, unless Japanese banks become rapidly more sophisticated about overseas markets.
Japan's Nikkei hit a one-week low on Thursday, with chip-related stocks tracking a decline in their U.S. peers and banks retreating after Mizuho Financial Group slashed its profit outlook. The Nikkei share ...
Japan's Nikkei slid to a one-week low on Thursday morning with chip-related stocks leading the decline in step with U.S. counterparts, while Mizuho Financial Group underperformed after it sharply cut its annual profit outlook. "Profit-taking makes sense now as ongoing U.S.-China trade talks, major concerns for the market, have provided no signs of exit plan while the market had risen smoothly for the past two months," said Hikaru Sato, a senior technical analyst at Daiwa Securities. Chip equipment makers Advantest Corp dropped 2.7 percent, Tokyo Electron plunged 3.6 percent and silicon products maker Sumco Corp dived 7.3 percent on further doubts the industry's downturn is near a bottom.
Japan's Mizuho Financial Group slashed its full-year profit outlook by 86 percent, citing one-time restructuring costs of 680 billion yen (4.63 billion pounds) at its bank and brokerage units and an overhaul of its securities portfolio. Japan's second-largest bank by assets said it expects 80 billion yen in net income for the business year ending March 31, instead of 570 billion yen it had predicted earlier. Mizuho said it would book about 500 billion yen of impairment losses on fixed assets, including costs from closing retail branches at home and software-related expenses.