Oct 31, 2014

Wall St. up on GDP, earnings; fund yearend lifts winners

U.S. stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports, including Visa, which accounted for nearly 140 points in the Dow industrials. Despite the bullish data and the Federal Reserve’s Wednesday statement ...

Nomura sees four years of overseas losses nearing an end

Oct 29, 2014

Nomura sees four years of overseas losses nearing an end

Nomura Holdings Inc. says its four years of losing money abroad may soon be over as it rebuilds businesses outside of Japan after cutting costs. Japan’s biggest brokerage is on track to achieve its goal of becoming profitable in Asia, Europe and the United ...

Oct 28, 2014

Toyota likely to post record half-year profit

Toyota Motor Corp. is likely to post a record group operating profit in the April-September period, buoyed by brisk overseas sales and effects of the weak yen, according to sources familiar with the matter. Market participants expect the automaker to post an operating profit ...

Oct 8, 2014

McDonald's Japan warns of first net loss in 11 years

McDonald’s Holdings Co. (Japan) said it will swing into the red for the first time in 11 years this year after sales suffered in the midst of a scandal involving expired meat used by a Chinese supplier. The company now expects to incur a ...

Oct 4, 2014

Aeon's first-half net profit dives 91% after sales tax hike

Aeon Co. reported that net profit plunged 91.4 percent to ¥2.02 billion in the first half of the business year as weak consumer spending after the April consumption tax hike hurt the giant retailer’s mainstay supermarket business. The nation’s biggest retail chain also said ...

Jul 31, 2014

Panasonic's revamp efforts continue to pay dividends

Panasonic Corp. said Thursday that its operating profit grew in the April-June quarter on the back of efforts to restructure by shifting focus to industrial markets instead of less profitable consumer products. The electronics giant said group operating profit rose 28.2 percent to ¥82.29 ...