Archive | November 20, 2007

D&M Holdings Gets a Boost from Daiwa, But Shares Muted

Haven’t heard of D&M Holdings? Well, then maybe you’ve heard of D&M’s premium audio brands: McIntosh, Marantz, Denon, Boston Acoustics and more! D&M trades on the Tokyo Exchange, TOPIX-1: 6735. Shares of D&M surged 14% to Y407 intra-day Monday on a Daiwa Institute of Research upgrade to a “1″ from a “2″ with a target [...]

Read full story Comments { 0 }

Nikkei 225 Futures in Chicago Drop 410 Points to YTD Low; EWJ Dives; JOF Boosted by Barron’s

Well, so much for any Barron’s bounce following their bullish piece on Japan over the weekend. For starters, the Nikkei fell apart late Monday in the morning session and never had a chance in the afternoon. To make matters worse, U.S. futures were in the red from early on Monday and selling gained momentum intra-day. [...]

Read full story Comments { 0 }

Nikkei Reverses Gains in P.M. Session, Hits 17-Month Low; Asia Broadly Lower

Japan market summary for Monday (Nov. 19) Nikkei 225 Stock Average: -112.05 (-0.7%) to 15,042.56; 17 1/2 month-plus low Nikkei 225 futures Osaka: -120 (-0.8%) to 15,070, Singapore (SGX) -100 (-0.7%) to 15,100, Chicago (CME) *11/16 +5 (+0.0%) to 15,190 TOPIX: -15.06 (-1.0%) to 1,456.61; Advancers 356 x decliners 1,287 (unch. 80), New highs 4 [...]

Read full story Comments { 0 }