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B. Riley Shares Plummet 50%, FRG Drama Doesn't Bode Well For Q2: CEO
Monday, August 12, 2024 - 2:26pm | 662B. Riley Financial Inc. (NASDAQ:RILY) shares are currently trading at around $8.08, down more than 52.54% at last check Monday, after reports circulated that its second-quarter earnings would be delayed as regulators probe the Los Angeles-based boutique bank.Trading was temporarily halted at 9:33 a...
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54% Of Japanese Institutional Investors Plan To Invest In Crypto In The Next 3 Years
Tuesday, June 25, 2024 - 10:00am | 411A new survey by Nomura Holdings and its digital asset subsidiary Laser Digital paints a bullish picture for cryptocurrency adoption among Japanese institutional investors. What Happened: The survey, conducted in April 2024, reveals that 54% of respondents intend to invest in cryptocurrencies within...
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Nomura: We're Buyers Of Coach As It Buys Kate Spade
Wednesday, May 10, 2017 - 7:50am | 222Following the $2.4 billion buyout of rival Kate Spade & Co (NYSE: KATE), Nomura on Tuesday reiterated its Buy rating on Coach Inc (NYSE: COH) and raised its price target from $45 to to $55. Analysts believe the deal will be accretive to Coach and puts the company “along its path to...
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Top Performing Japanese Stocks on the NYSE (NMR, MFG, KUB)
Wednesday, September 19, 2012 - 1:18pm | 579The Bank of Japan's surprise decision to follow the U.S. Federal Reserve's lead and launch a new round its own quantitative easing lifted Asian and European stocks, and even buoyed the U.S. markets in early trading Wednesday. Japan's central bank announced that it will increase the size of its...
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Goldman Hires New Head of Asia Mining Team
Monday, May 30, 2011 - 9:22am | 156Goldman Sachs (NYSE: GS) has tapped Johan van Jaarsveld from Blackstone Group (NYSE: BX) to head a newly created team advising mining and metals companies in Asia outside Japan, according to a report in the San Francisco Chronicle. Mergers among metals and mining companies in the Asia-Pacific...
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Should Traders Buy the Canadian Dollar with Yen?
Wednesday, May 25, 2011 - 11:33am | 161Nomura Holdings is recommending that investors buy the Canadian dollar against the yen, according to Bloomberg. The trade recommendation is based on the assumption that the Canadian Central Bank will continue to hike interest rates, while Japan's trade situation will worsen. So far this year, the...
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India Likely Unable to Trim Budget Deficit
Monday, May 23, 2011 - 11:04am | 264India is suffering from an inflation rate which will prevent it from cutting its budget deficit, according to Nomura Holdings. India is currently suffering from an annual inflation rate over 9%. Though the Indian government has put in place targeted budget reductions, Nomura Holdings does not...