Double Moving Average Crossover
Previous Close | 3.7500 |
Open | 3.7100 |
Bid | 3.4500 x 4000 |
Ask | 0.0000 x 1100 |
Day's Range | 3.6850 - 3.7200 |
52 Week Range | 3.0000 - 4.2300 |
Volume | |
Avg. Volume | 1,064,495 |
Market Cap | 11.172B |
Beta (5Y Monthly) | 0.72 |
PE Ratio (TTM) | 16.86 |
EPS (TTM) | 0.2200 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Sep 29, 2021 |
1y Target Est | 3.76 |
Japan's negative interest rate policy is likely to be in place for the next year, as the central bank is committed to keeping borrowing costs low to grease the wheels of the economy, Nomura Asset Management told Reuters. The Bank of Japan is the only major central bank that now has negative rates following aggressive tightening globally to combat inflation. It has hinted that it will alter yield curve control -- where it guides short-term rates at -0.1% and 10-year Japan government bond yield around zero -- at some point.
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Japanese investment bank Nomura has hired two investment bankers to lead its coverage of mobility and automotive clients in Europe and the United States through its sustainability-focused Greentech division. Former self-driving truck company executive Richard Hawwa started in San Francisco last week, and Alex Bleck will move to lead the bank's team in Frankfurt from his previous role at Deutsche Bank AG in July, a spokesman said. Nomura hopes to capitalise on consolidation among incumbent vehicle and equipment makers and new companies that have proliferated in recent years, some of them funded by special purpose acquisition companies (SPACs) which took Wall Street by storm in 2021.
NEW YORK (Reuters) -Japanese investment bank Nomura has hired two investment bankers to lead its coverage of mobility and automotive clients in Europe and the United States through its sustainability-focused Greentech division. Former self-driving truck company executive Richard Hawwa started in San Francisco last week, and Alex Bleck will move to lead the bank's team in Frankfurt from his previous role at Deutsche Bank AG in July, a spokesman said. Nomura hopes to capitalise on consolidation among incumbent vehicle and equipment makers and new companies that have proliferated in recent years, some of them funded by special purpose acquisition companies (SPACs) which took Wall Street by storm in 2021.
Japanese investment bank Nomura has hired two investment bankers to lead its coverage of mobility and automotive clients in Europe and the United States through its sustainability-focused division Greentech. Former self-driving truck company executive Richard Hawwa started working at Nomura Greentech in San Francisco last week, and Alex Bleck will move to lead the bank's team in Frankfurt from his previous role at Deutsche Bank AG in July, a Nomura spokesman said.
Nomura's co-head of global investment banking Jeff McDermott will exit this summer, a source close to the matter said and internal memo showed on Friday, departing just over three years after the Japanese bank bought his clean technology boutique Greentech Capital Advisors. Nomura declined to comment. McDermott did not immediately respond to a request for comment.
TOKYO (Reuters) -Japan's Nomura Holdings Inc saw about $850 million wiped off its market value on Thursday as its latest earnings slump showed it remains a long way off CEO Kentaro Okuda's goal of finally making the bank a global force in investment banking. Shares in Japan's biggest investment bank and brokerage dropped more than 7%, its biggest daily percentage decline in two years, the day after it said first-quarter profit tumbled by three-quarters, exacerbating worries about a global banking crisis. The results underscored that Nomura is still far from its target of enhancing stable revenue sources, such as mergers and acquisitions (M&A) advisory, and the bank flagged cost cuts up ahead.
Investing.com -- Most Asian stocks fell further on Thursday, coming under pressure from a round of weak regional earnings, while concerns over slowing economic growth and a potential U.S. banking crisis eroded sentiment.
Nomura Holdings Inc , Japan's biggest brokerage and investment bank, reported a 76% drop in its quarterly net profit as worries about a global banking crisis roiled the global markets and hit its investment banking business. Nomura joined Wall Street investment banks such as Goldman Sachs Group in reporting a slump in dealmaking fees as global mergers and acquisitions activity shrank to the lowest level in more than a decade in the last quarter. "The environment was extremely severe for investment banking," Chief Financial Officer Takumi Kitamura told a news conference on Wednesday.
Komainu Connect will let clients deploy digital assets in collateralization scenarios, while they remain in segregated custody and verifiable on chain.
Centerbridge Partners, Davidson Kempner and Pimco are among the investors that have hired PJT Partners in anticipation of a possible bankruptcy filing and asset sales.
Germany's PNE AG is exploring a sale of its U.S. solar and wind business due to high project costs, two people familiar with the matter said, adding that Washington's Inflation Reduction Act (IRA) could help attract suitors. The deal covers a near-term pipeline project covering more than 4 gigawatts (GW) of solar, wind and storage, with onshore wind accounting for nearly half of that, according to a teaser document sent to potential buyers and reviewed by Reuters. PNE USA expects to add roughly half a gigawatt of solar, wind and storage capacity between 2023 and 2030, the document said, adding that it has a track record of developing 7.9 GW of projects.
Nomura Holdings, Inc. (NYSE:NMR) Q3 2023 Earnings Call Transcript February 1, 2023 Operator: Good day, everyone, and welcome to today’s Nomura Holdings Third Quarter Operating Results for Fiscal Year Ending March 2023 Conference Call. Please be reminded that today’s conference call is being recorded at the request of the hosting company. During the presentation, all […]
Nomura Holdings Inc, Japan's biggest brokerage and investment bank, reported an 11% rise in quarterly net profit on Wednesday, as a partial stake sale in an affiliate offset a slump in investment banking. Nomura's wholesale division, which houses its investment banking and trading businesses, logged a pretax loss of 1.9 billion yen ($14.58 million), its first loss since the April-June quarter of 2021. But a 28-billion-yen gain from the partial sale of its stake in affiliate Nomura Research Institute and a recovery in the valuation of the U.S. asset management unit helped Nomura post a net profit of 66.9 billion yen ($513.51 million) for the October-December period.
Nomura Holdings has tapped Mahesh Natarajan to head its equity capital markets business in India, two sources with direct knowledge told Reuters on Tuesday, a top-level investment banking hire that comes when dealmaking is going through a turbulent phase. Natarajan is due to join the Japanese firm's Indian unit in the coming months, the sources said, declining to be named as the hiring decision is not public. Natarajan currently heads the equity capital markets - including initial public offerings and block deals - for Nomura's domestic rival ICICI Securities and has spent nearly 17 years with the firm, according to his LinkedIn profile.
Nomura Holdings Inc has cut 18 Asian banking jobs, most of them China-focused investment roles, as a result of a sharp slowdown in dealmaking activities, according to two sources with direct knowledge of the matter. Japan's top brokerage and investment bank last week laid off bankers in Hong Kong, Singapore, Malaysia and Taiwan, said the sources, declining to be named as they are not authorised to speak to media. A separate source with knowledge of the move said the cuts were not just for Asia, but also impacted Nomura's international investment banking operations across the United States, Europe, the Middle East and Africa.
Check out these five currency plays, four of them in Asia, as ways to make the most of the weakening U.S. dollar and greater interest in emerging-market stocks.
Nomura Holdings Inc's U.S. wholesale business has emerged as a profit driver despite some large one-off losses in the region that had dragged down the bank's earnings in the past, Chief Executive Officer Kentaro Okuda said. "The basic earnings power and cost structure of our overseas wholesale business have improved, resulting in a stable trend of profits since 2017, and the United States has driven that," Okuda said, speaking at an annual event for investors. Nomura's wholesale division consists of the global markets and investment banking arms.
Nomura Holdings Inc plans to hire more bankers to beef up its sustainable financing business in anticipation of a surge in demand for decarbonisation-related funding, its global investment banking chief said on Thursday. The expansion plan comes after Japan's biggest brokerage and investment bank added five managing directors in the last six months for the its Greentech unit, a merger-and-acquisition adviser in clean technology. Nomura particularly wants to hire experienced managing directors in fields such as advanced autos, supply chains and transportation, Jeffrey McDermott, global investment banking co-head, told reporters at the company's sustainability event.
The SEC and the CFTC have levied nearly $2 billion in penalties on various Wall Street firms for record-keeping failures.
Nomura Holdings Corp will replace the veteran head of its wholesale business, Steven Ashley, who was named chairman of its new digital asset company, the Japanese investment firm said on Wednesday. Christopher Willcox will be appointed head of the wholesale division and executive officer from October 1, Nomura said in a statement. Ashley has been named chairman of Laser Digital Holdings AG, it said.
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Q1 2023 Apollo Tyres Limited Earnings Call
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China’s economic slowdown deepened in July due to a worsening property slump and continued coronavirus lockdowns, with an unexpected cut in interest rates unlikely to turn things around while those twin drags remain.Retail sales, industrial output and investment all slowed and missed economists estimates in July. The surveyed jobless rate for those aged 16-24 climbed to 19.9%, a record
TOKYO (Reuters) -Nomura Holdings Inc, Japan's biggest brokerage and investment bank, on Wednesday suffered a worse-than-expected slump in first-quarter net profit as volatile financial markets battered its investment banking and asset management businesses. The downbeat performance comes despite Nomura's efforts in the last few years to change its earnings structure to be less vulnerable to market swings, by diversifying its portfolio and increasing advisory services. "We've had tough earnings," Chief Financial Officer Takumi Kitamura said at a briefing.