Ultra Clean Holdings raises guidance on improved semiconducter businessOctober 8th, 2009 Ultra Clean Holdings raises guidance for quarterHAYWARD, Calif. — Ultra Clean Holdings Inc.
Japan's Nomura shares tumble after brokerage announces $5.6 billion equity saleSeptember 25th, 2009 Nomura shares tumble on $5.6B share sale planTOKYO — Investors unloaded shares of Nomura Holdings Inc. Friday after Japan's leading brokerage announced its biggest ever equity sale.
Nomura Holdings returns to profit in April-June quarter after record loss last yearJuly 29th, 2009 Nomura Holdings back to profit after record lossTOKYO — Leading Japanese brokerage Nomura Holdings Inc. bounced back to profitability in the April-June quarter, recovering after the costs of acquiring Lehman Brothers led to a record loss last year.
Citigroup sells NikkoCitu Trust to Nomura Trust in scale back of Japan businessJuly 1st, 2009 Citigroup sells NikkoCiti Trust to Nomura TrustTOKYO — Nomura Trust and Banking Co. is acquiring NikkoCiti Trust and Banking Corp.
Japanese economy sees record 15.2 percent contractionMay 20th, 2009 TOKYO - The Japanese economy shrank in the January-March quarter at an annualised rate of 15.2 percent, the sharpest annualised drop ever recorded in the world's second-largest economy, the government said Wednesday. The data indicated the nation's worst recession in the post-war era appeared to be more serious than in other major economies such as the US or Europe.
Sumitomo Mitsui to buy Citigroup's Japan brokerage unitMay 1st, 2009 Sumitomo Mitsui, Citigroup reach deal on brokerageTOKYO — Sumitomo Mitsui is taking over Citigroup's Japan brokerage businesses, both sides said Friday, as part of a bigger plan to restructure the struggling U.S. bank. Sumitomo Mitsui Financial Group Inc.
Report: Sumitomo Mitsui at basic agreement to buy Citigroup brokerage unitsApril 28th, 2009 Report: Sumitomo Mitsui, Citigroup near dealTOKYO — Major Japanese bank Sumitomo Mitsui Financial Group Inc. has reached a basic agreement to buy a Japan-based brokerage unit from Citigroup Inc.
Top broker Nomura reports one of corporate Japan's largest-ever annual lossesApril 24th, 2009 Nomura's annual loss swells to $7.3 billionTOKYO — Nomura Holdings Inc., Japan's top brokerage, suffered one of the largest annual losses in Japanese corporate history, hit by slumping stock markets and the cost of acquiring part of collapsed investment bank Lehman Brothers. Tokyo-based Nomura said Friday its net loss for the fiscal year ended March 31 swelled to 709.4 billion yen ($7.3 billion) from 67.8 billion yen the year before.
Nomura Holdings sees record net loss for fiscal 2008April 24th, 2009 TOKYO - Japan's largest brokerage house, Nomura Holdings Inc, incurred a record net loss for fiscal 2008 that ended March 31, the firm said Friday. The record loss amounted to 709.44 billion yen ($7.24 billion) after the firm was hit hard by the global financial turmoil and the burden of taking over part of the US investment bank Lehman Brothers Holdings Inc in September last year.
Japan shares track regional markets higher but investors cautious ahead of earnings resultsApril 23rd, 2009 Japan shares track regional markets higherTOKYO — Japanese shares rose Thursday amid gains in key Asian markets, but investors traded with caution amid concern over the financial sector and ahead of a raft of major corporate earnings results. The benchmark Nikkei 225 stock average gained 119.71 points, or 1.4 percent, to 8,847.01.
Gujarat Heavy Chemicals barred from dealing in securities marketApril 20th, 2009 NEW DELHI - The market regulator Monday barred Gujarat Heavy Chemicals Ltd (GHCL) from dealing in the securities market, saying it had inflated its shareholding in its quarterly filings to exchanges. Securities and Exchange Board of India (SEBI) also directed GHCL chairman Sanjay Dalmiya, managing director Ravi Shanker Jalan and company secretary Bhuwneshwar Mishra not to buy, sell or deal in the securities market until further orders, the regulator said in a statement.
Air Canada posts $727 million lossFebruary 13th, 2009 TORONTO - Air Canada, which is the world's eleventh largest airline, Friday reported a net loss of $727 million in the fourth quarter of 2008. This also includes an operating loss of $146 million for the fourth quarter, compared to the income of $72 million in the corresponding period for 2007.
Nomura Holdings incurs record net loss in April-December periodJanuary 26th, 2009 TOKYO - Nomura Holdings Inc Tuesday reported a record net loss of 492.36 billion yen ($5.53 billion) for the first nine months of the fiscal year 2008, which ends in March. It was the largest loss Nomura incurred since 2001, when Japan's top brokerage house began using the US accounting standard.
Pandit's Citi splitting into two after $8.3 billion lossJanuary 15th, 2009 WASHINGTON - Citigroup revealed plans to split up into two businesses, effectively bringing an end to the company's 'financial supermarket' model, after reporting a much bigger-than-expected $8.3 billion quarterly loss Friday. Under the new arrangement revealed by the banking giant's Indian American CEO Vikram Pandit in New York, Citigroup would split into two units: Citicorp and Citi Holdings.
Citigroup reports new loss of $8.29 bnJanuary 15th, 2009 NEW YORK - Citigroup Friday announced its fifth straight quarter of net losses, though it said it continues to focus on getting 'fit'. According to a press release, the company had a fourth quarter net loss this year of $8.29 billion.