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Activist investor Elliott buys stake in Japan's Sumitomo, source says | The Mighty 790 KFGO

By Anton Bridge TOKYO (Reuters) - U.S. hedge fund Elliott Management Corp has bought a stake in Sumitomo Corp worth several tens of billions of yen, a person familiar with the situation said on Tuesday. The purchase follows Warren Buffett's closely...
Warren Buffett Christian Schmollinger Mitsui Fudosan Sumitomo Corp Berkshire Hathaway Elliott Management Corp
Source: kfgo.com

Nomura Q4 net profit jumps almost eight-fold on retail income surge

TOKYO (Reuters) -Nomura Holdings, Japan's biggest brokerage and investment bank, reported on Friday a 670% jump in quarterly net profit compared to a year earlier as its retail and investment banking income rose to their highest levels in eight years. January-March net profit was 56.8 billion yen ($363.87 million) compared to 7.3 billion yen a year earlier when worries about a global banking crisis engulfed global markets and hit Nomura's investment banking business. The results show...
Christian Schmollinger Muralikumar Anantharaman Nomura Holdings Anton Bridge
Source: yahoo.com

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