Company Overview and News

Stop missing out on important events!

Fintel provides real time notifications of important company events such as major investments (13D/G filings), insider trades (SEC form 4), and important SEC filings. Sign up and create your company alerts for free.

Headline News

Nikkei drops as financials, index-heavyweights underperform

22h reuters
TOKYO, Feb 20 (Reuters) - Japanese stocks dropped on Tuesday as a combination of a retreat in risk appetite and profit-taking dented the broader market, with financials and index-heavy shares underperforming . (2-0)

Nikkei drops on profit-taking; financials underperform

2018-02-20 themalaymailonline
The Nikkei dropped 1.4 per cent to 21,831.66 in midmorning trade, after rising 2 per cent yesterday. — Reuters pic TOKYO, Feb 20 — Japan’s Nikkei share average dropped today morning as investors wasted no time to lock in profits from the previous day’s rally, while such financial shares as banks and insurers underperformed. (2-0)

Nikkei drops on profit-taking; financials underperform

2018-02-20 reuters
TOKYO, Feb 20 (Reuters) - Japan’s Nikkei share average dropped on Tuesday morning as investors wasted no time to lock in profits from the previous day’s rally, while such financial shares as banks and insurers underperformed. (2-0)

Japan's Mizuho sees pickup in US M&A lending after tax cut

2018-02-18 reuters
TOKYO (Reuters) - Japan’s Mizuho Financial Group Inc (8411.T) sees a pickup in overseas lending after a slowdown last year in the United States, where a recently enacted corporate tax cut is widely expected to spur mergers and acquisitions (M&As). (2-0)

In graying Japan, securities firms target seniors’ assets with end-of-life services

Japanese securities firms are expanding services for shūkatsu (end-of-life preparations) as a marketing strategy to lure elderly customers.

Japan ETFs in Focus as GDP Grows for 8 Straight Quarters

2018-02-15 zacks
GDP growth in the world’s third-largest economy slowed in Q4, keeping with the initial estimate. It nevertheless grew for eight consecutive quarters, the longest streak since a 12-quarter expansion ended in 1989, the period of Japan’s economic bubble. (11-0)

Toshiba names ex-banker as CEO, seen tackling opposition to chip unit sale - Channel NewsAsia

2018-02-14 channelnewsasia
TOKYO: Toshiba Corp appointed a former banker experienced in dealing with distressed companies as CEO, and forecast its first annual profit in four years, helped by a buoyant chip business that it has agreed to sell.

Toshiba says to appoint ex-banker as next CEO

2018-02-14 reuters
TOKYO (Reuters) - Japan’s Toshiba Corp said on Wednesday it is appointing Nobuaki Kurumatani, a former executive of Sumitomo Mitsui Financial Group, as its chairman and chief executive.

Broadcom lines up biggest debt financing ever for Qualcomm

2018-02-12 themalaymailonline
A sign to the campus offices of chip maker Broadcom Ltd, who announced on Monday an unsolicited bid to buy peer Qualcomm Inc for US$103 billion, is shown in Irvine, California, November 6, 2017. — Reuters picNEW YORK, Feb 12 — Broadcom Ltd has lined up as much as US$106 billion of debt financing to back its proposed acquisition of Qualcomm Inc, winning what would be the biggest corporate loan on record at a precarious time for credit markets. (198-0)

Broadcom Lines Up Biggest Debt Financing Ever for Qualcomm - Bloomberg

2018-02-12 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (198-0)

Japan’s staff-heavy banks downsize and turn to technology for survival

As the Bank of Japan’s prolonged ultra-easy money policy weighs on earnings, the emergence of technology like artificial intelligence is transforming the mechanics of financing and threatening to replace thousands of roles with automated systems. (80-1)

UPDATE 1-Japanese investors to meet PM May on Thursday as Brexit concerns mount

2018-02-07 reuters
LONDON (Reuters) - British Prime Minister Theresa May and finance minister Philip Hammond will meet representatives from major Japanese businesses on Thursday as concerns about Brexit grow among some of the world’s biggest foreign investors.

Nikkei tumbles over 2 pct to 1-1/2-month low following Wall Street rout

2018-02-05 reuters
TOKYO, Feb 5 (Reuters) - Japan’s Nikkei share average tumbled more than 2 percent to a 1-1/2-month low on Monday, pressured by sharp losses in U.S. markets triggered by rising bond yields and prospects for stronger inflation. (10-0)

UPDATE 1-MUFG Q3 profit down 20 pct on weak domestic lending, overseas growth costs

2018-02-02 reuters
TOKYO, Feb 2 (Reuters) - Japan’s largest lender Mitsubishi UFJ Financial Group (MUFG) posted a 20 percent decline in net profit for the third quarter, hurt by a weak domestic lending business amid persistently low interest rates. (6-0)

Nikkei falls as banks slide, Kyocera posts 1.5 pct weekly drop

2018-02-02 reuters
TOKYO, Feb 2 (Reuters) - Japan’s Nikkei share average fell on Friday on weakness in most sectors, with banking stocks down on worries that domestic bond yields would be kept low after the central bank conducted a special bond purchase operation to curb rising yields. (2-0)

CUSIP: J7771X109