3.23 0.00 (0.00%)
After hours: 4:17PM EST
|Bid||0.00 x 1000|
|Ask||0.00 x 1800|
|Day's Range||3.2143 - 3.2500|
|52 Week Range||2.9200 - 3.9500|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||7.27|
|Forward Dividend & Yield||0.13 (4.23%)|
|1y Target Est||N/A|
The Reserve Bank of India retained its calibrated tightening stance despite cutting inflation outlook. Vishnu Varathan of Mizuho Bank says this shows the RBI is cautious about the "durability" and "pervasiveness" of India's inflation pullback.
Shares of AMD and Nvidia soared on Wednesday after Mizuho reiterated its “buy” rating for both chipmakers, citing a recent rebound in GPU pricing as a big positive for the chipmakers. Other analyst calls in focus: Whirlpool downgraded as tariffs boost prices and Alaska Air soars on an upgrade from Goldman Sachs.
Our call of the day are chipmakers Nvidia and AMD, after Mizuho reiterated its “buy” rating for both. Analyst Vijay Rakesh wrote that a recent rebound in GPU pricing is a positive read on channel inventories and demand. for the chipmakers.
Ben Pace, HMP Partners, and Kari Firestone of Aureus Asset Management, join CNBC's Mike Santoli to discuss the sell-off in the market after the Dow plunged more than 500 points.
The operator of Japan’s most popular messaging platform plans to introduce Line Securities equities trading service jointly with the country’s biggest brokerage Nomura Holdings Inc. this year, provided it receives the necessary government permits, Tetsuhiko Saito, who heads Line’s financial arm, said in an interview in Tokyo. A banking offering in partnership with megabank Mizuho Financial Group Inc. could become available as early as fall 2020, Saito said.
Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group Inc and also partner China's Tencent Holdings Ltd to offer mobile payment services - plans which saw its stock rise 13 percent on Tuesday. Line said it aims to open a bank, pending regulatory approval, which will offer financial services to its almost 80 million users from 2020. Separately, Line said Japanese retailers offering Line Pay services will be able to process payments from Chinese tourists using Tencent's WeChat Pay from early next year.
Japanese mobile chat app operator Line Corp will tie up with Mizuho Financial Group Inc to establish a bank, a source with direct knowledge told Reuters on Tuesday, declining to be identified because the plan is not yet public. Mizuho is scheduled to hold a news conference at 3:30 p.m. (0630 GMT) to brief on a new business. Officials at the bank were not immediately available to comment on the tie-up with Line, which was first reported by public broadcaster NHK.
Nov 23 (Reuters) - NIKKEI : * MIZUHO SECURITIES TO LAUNCH TECH-FOCUSED INVESTMENT FUND IN CHINA - NIKKEI * MIZUHO SECURITIES TO COMMIT $20 MILLION TO FUND WHICH WILL BE MANAGED BY CYBERNAUT INTERNATIONAL ...
No surprise then, that the technology company and underwriter Mizuho Securities Co. are turning to a smartphone-based brokerage to sell shares. The stock-trading app they’ll use, One Tap BUY, also happens to be backed by SoftBank and Mizuho. The plan is to make it easier for individual investors to subscribe to the IPO by splitting the lots.
Is Tesla, Inc. (NASDAQ:TSLA) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from industry insiders. They sometimes fail miserably but historically their consensus stock picks outperformed the market after […]
Japan's Nikkei fell on Thursday, with banking stocks sliding after disappointing earnings forecasts and losses in U.S. financial shares. Sumitomo Mitsui Financial Group dropped 3.1 percent, while Mizuho Financial Group shed 1.7 percent. SMFG posted a 37 percent rise in its second-quarter net profit, but it kept its profit forecast at 700 billion yen for the year ending March, below the 751.9 billion yen average of 14 analyst estimates compiled by Refinitiv.
Japan's Nikkei fell on Thursday, with banking stocks sliding after disappointing earnings forecasts and losses in U.S. financial shares. Sumitomo Mitsui Financial Group dropped 3 percent, while Mizuho Financial Group shed 1.8 percent. SMFG posted a 37 percent rise in its second-quarter net profit, but it kept its profit forecast at 700 billion yen for the year ending March, below the 751.9 billion yen average of 14 analyst estimates compiled by Refinitiv.
DWS Group, Deutsche Bank's (DB) asset-management unit, collaborates with Dubai-based Neo Technologies by acquiring 15% equity stake in the latter to enhance its digital services.
Deutsche Bank AG said on Thursday it has hired Matthew Upton, an investment banker at Japan's Mizuho Financial Group, to focus on software deals. Just about every investment bank has been scrambling to hire bankers specializing in software companies to keep up with demand from clients across industries which are grappling with technological changes. Upton, a managing director based in San Francisco, will report to Mark Keene, Deutsche Bank's global co-head of technology, media and telecom investment banking, according to an internal memo that a spokeswoman confirmed.
Moody's Japan K.K. says that its outlook for Japan's banking system is stable, as it has been since 2012, reflecting the expectation that the banks will continue to have strong liquidity at home and sufficient capital, even though pressure on profitability will persist and asset risks are slowly increasing. "Support will come from a stable operating environment, and we forecast that Japan's GDP will continue to increase, by 1.1% in 2018 and 1.0% in 2019, while the unemployment rate will decline further," says Tetsuya Yamamoto, a Moody's Vice President and Senior Credit Officer. "Japan's continued accommodative monetary policy will help the economy sustain growth and, if the Bank of Japan (BOJ) tightens monetary policy, which we do not expect to occur during this outlook period, higher rates will help increase interest income for banks," says Yamamoto.
After a trip to Asia, Mizuho is dropping its bullish stance on Lam Research Corporation (NASDAQ: LRCX ) and Western Digital Corp (NASDAQ: WDC ), but remains positive on Micron Technology, Inc. (NASDAQ: ...
Realizing it was recruiting “exactly the same” types of people each year, Mizuho Financial Group Inc. now wants to hire more creative thinkers who can help it meet challenges such as the technological upheaval facing banks, said Shinya Uda, a human resources manager at Japan’s third-biggest lender. “I told my team to go out and find people who aren’t interested in finance,” Uda said in an interview. Global banks such as JPMorgan Chase & Co. are also seeking to diversify away from finance graduates to adapt their workforces to a rapidly changing business environment.
Despite Micron Technology, Inc. (NASDAQ: MU )’s strong fourth-quarter earnings and execution, the overhang from trade war costs remains an active threat to the market, according to sell-side analysts. ...
* Wider Philippine trade deficit in July sees peso weaken * Investors cautious on lack of trade developments * India's rupee strengthens but remains above 72 level (Adds text, updates prices) By Nikhil ...
The People's Bank of China announced that it was reintroducing a calculation method it called a "counter-cyclical factor" to keep the yuan's daily midpoint fixed to a relatively stable value.