Archive | July 25, 2007

Nintendo’s Big Earnings and Revision; Honda Benefits from Forex, Raises Guidance; Nomura Posts Big Gains Despite Subprime Mess

Bloomberg has a concise one-pager covering the major earnings releases from Wednesday. The ones to watch based on market cap include: Honda benefitting from forex (offsetting costs, whereas Nissan’s forex gains were wiped out), Nomura’s trading and asset management gains help to post a big y/y jump in earnings despite growing subprime losses, an area [...]

Facebook Twitter More...
Read full story · Comments { 0 }

Nikkei Falls After U.S. Stocks Drop

* Nikkei 225 Stock Average: -143.61 (-0.8%) to 17,858.42, fell as much as 250 points intra-day * Nikkei 225 futures Osaka: -160 (-0.9%) to 17,860, Singapore (SGX) 17,875, Chicago (CME) 7/24 — 17,745 * TOPIX: -11.96 (-0.7%) to 1,754.03; Advancers 390 x decliners 1,247 (unchanged 93), New highs 21 x new lows 125; 27/33 sectors [...]

Facebook Twitter More...
Read full story · Comments { 0 }

Chicago/CME and Singapore/SGX Nikkei Futures Drop

Nikkei 225 futures in Chicago closed down 1.5% to 17,745 on Tuesday. N225 contracts in Singapore opened down 270 points to 17,740. Weakness likely to persist through Friday ahead of the parliamentary elections this weekend.

Facebook Twitter More...
Read full story · Comments { 0 }

Nikkei Slightly Higher, Recovers 18,000

* Nikkei 225 Stock Average: +38.39 (+0.2%) to 18,002.03 * Nikkei 225 futures Osaka: +50 (+0.3%) to 18,020, Singapore (SGX) 18,010, Chicago (CME) 7/24 — 17,745 * TOPIX: +8.70 (+0.5%) to 1,765.99; Advancers 1,002 x decliners 600, New highs 34 x new lows 90 (unchanged 128); 23/33 sectors posted gains * Jasdaq: +0.46 (+0.6%) to [...]

Facebook Twitter More...
Read full story · Comments { 0 }