Company Overview and News
Japan's Nikkei share average rose on Friday morning after the European Central Bank announced it would avoid raising rates until mid-2019, but chip-related stocks tumbled after a brokerage slashed the target price of Tokyo Electron.
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TOKYO, June 13 (Reuters) - Japanese stocks edged higher on Wednesday but gains were limited as many investors awaited the U.S. Federal Reserve’s policy decision later in the day, while Toshiba jumped after announcing a major share buyback.
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TOKYO (Reuters) - Japan’s Nikkei share average edged higher on Wednesday as the market looked to the Federal Reserve’s monetary policy decision later in the global day, while Toshiba jumped after it announced a major share buyback.
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Fitbit, Inc. (FIT - Free Report) was a big mover last session, as the company saw its shares rise more than 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $5.19 to $6.51 in the past one-month time frame. The stock was driven after the company announced that its kids’ wearable device, Fitbit Ace will now be available worldwide.
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Preliminary reports from Ministry of Economy, Trade and Industry (METI), stated that April retail sales in Japan rose sequentially as well as year over year. This is a welcome piece of news after the country’s GDP shrank by 0.2% in the first three months of 2018, due to a decline in capital investment and private consumption. Economists, however, were unmoved by grim first-quarter growth numbers and still are of the opinion that the contraction is temporary and a rebound is in the cards.
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Itron, Inc. (ITRI - Free Report) has signed a contract with Jamaica Public Service Company (JPS) to unify 670,000 electric meters of the latter through Itron's smart grid network. Jamaica's nationwide smart-grid deployment will extend the utility's smart-meter automation benefits and enhance post-storm restorations. JPS, which serves more than 600,000 customers, has been transforming its lighting and electricity services for the past few years.
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The benchmark Nikkei average added a moderate gain to barely end above 23,000 on the Tokyo Stock Exchange on Monday, supported by the yen’s drop against the dollar.
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For the first time in two years, Japan’s economy slipped in the first quarter. The economy contracted 0.6% on an annualized basis in the first quarter thanks to an unexpected fall in capital investment and flat private consumption. This might cause a setback to Japan’s Prime Minister Shinzo Abe’s reflationary policies but the overall picture may not be all that gloomy.
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TOKYO, May 17 (Reuters) - Japan’s Nikkei share average rose on Thursday after Wall Street gained overnight, with financial stocks rallying on an increase in U.S. bond yields while tech shares attracted buyers after the yen weakened.
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SAN JOSE, Calif., May 17, 2018 (GLOBE NEWSWIRE) -- Leading semiconductor test equipment supplier Advantest Corporation (TSE:6857), has once again been named to VLSIresearch’s coveted 10 BEST list, securing the company its 30th consecutive year as a top-rated semiconductor equipment supplier and remaining a 5-Star company. The survey, which received feedback from more than 94% of the chip market, rates equipment suppliers across fifteen categories based on three key factors: supplier performance, customer service, and product performance.
TOKYO, May 17 (Reuters) - Japan’s Nikkei share average followed U.S. stocks higher on Thursday morning after Wall Street gained overnight, with financial stocks rallying on an increase in U.S. bond yields.
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TOKYO, Japan, May 15, 2018 (GLOBE NEWSWIRE) -- Leading semiconductor test equipment supplier Advantest Corporation (TSE:6857) will feature its advanced products and services at SEMICON Southeast Asia taking place May 22-24 at the new Malaysia International Trade and Exhibition Centre (MITEC), in Kuala Lumpur, Malaysia. Advantest is a silver sponsor of SEMICON Southeast Asia.
TOKYO, May 11 (Reuters) - Japan’s Nikkei share average rose to a three-month high on Friday, buoyed by tepid U.S. inflation data easing concerns over the Federal Reserve hiking rates at an accelerated pace, as well on gains for several companies posting solid earnings.
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anasonic Corp gained 4.7 per cent after the electronics conglomerate reported a 58 per cent surge in net profit for the year ended March to ¥236.04 billion.
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7h - Asif
Overview Cascadian Therapeutics is a clinical-stage biopharmaceutical company focused on the development of therapeutic products for the treatment of cancer. The company's goal is to develop and commercialize novel targeted compounds that have the potential to improve the lives and outcomes of cancer patients. The company's lead clinical-stage product candidate is tucatinib, an oral, HER2-selective small molecule tyrosine kinase inhibitor. The company's pipeline also includes two preclinical-stage product candidates: CASC-578, a Chk1 kinase inhibitor, and CASC-674, an antibody program against an immuno-oncology target known as TIGIT. 2018 Merger Agreement On January 30, 2018, the company entered into an Agreement and Plan of Merger (the Merger Agreement) with Seattle Genetics, Inc., a Delaware corporation (Seattle Genetics), and Valley Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Seattle Genetics (Merger Sub). Pursuant to the Merger ...
8h - Asif
Business Overview The Corporation is a Delaware corporation, a bank holding company (BHC) and a financial holding company. When used in this report, “the Corporation” may refer to Bank of America Corporation individually, Bank of America Corporation and its subsidiaries, or certain of Bank of America Corporation’s subsidiaries or affiliates. The company's principal executive offices are located in Charlotte, North Carolina. Through its banking and various nonbank subsidiaries throughout the U.S. and in international markets, the company provide a diversified range of banking and nonbank financial services and products through four business segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets, with the remaining operations recorded in All Other. The company operate its banking activities primarily under the Bank of America, National Association (Bank of America, N.A. or BANA) charter. At March 31, 2018, the Corporation had a...
2018-06-18 - Asif
Business Arrowhead develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, Arrowhead therapies trigger the RNA interference mechanism to induce rapid, deep and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Deemed to be one of the most important recent discoveries in life science with the potential to transform medicine, the discoverers of RNAi were awarded a Nobel Prize in 2006 for their work. Arrowhead’s RNAi-based therapeutics leverage this natural pathway of gene silencing. In fiscal 2017, Arrowhead refocused its resources on therapeutics that exclusively utilize the company’s Targeted RNAi Molecule (TRiMTM) platform technology. Therapeutics built on the TRiMTM platform have demonstrated high levels of pha...
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