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Mitsui (OTCPK:MITSY): Q1 GAAP EPS of ¥115.68. Revenue of ¥2.65B (+44.0% Y/Y) misses by $16.1B. Press Release For further details see: Mitsui misses on revenue
Mitsui has divested its interests in Indonesia’s Paiton coal-fired thermal power station. The announcement moves the company another step closer toward a low-carbon future but could increase earnings volatility. With the new President showing clear intent and the commodity ...
Itochu Corp demonstrated superior portfolio management in FY3/2021 with exposure to defensive areas such as food, as well as growth sectors such as technology and digital transformation. Its strategic aim to have high exposure to China is being rewarded with its stake in CITIC Limited...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Senseonics Holdings (NYSEAMERICAN: SENS ) has been on a hot streak the past month. After going sideways for three months, SENS stock took off at the beginning of June. As I write this, it’s up more than 72% ov...
Efforts to address climate change by governments, investors and corporates appear to be accelerating, and many of these bodies are now setting net zero targets. Demand for gas is expected to be more resilient than that for oil over the next 30 years and remains a key transition fuel, ...
Mitsui & Co. beat the FY 2021 profit forecast issued only last quarter by 24%. Mitsui also raised its 2H dividend by 12.5%, also better than forecast. Strong commodity pricing drove the earnings beat, and this is expected to continue in FY 2022. The stock is still cheap with a...
Vale (VALE) says it signed a definitive agreement to buy Mitsui's (MITSY) stake in the Moatize coal mine and the Nacala logistics corridor in Mozambique, which Vale says is its first step in exiting the coal business.Vale will own 95% of the mine and 100% of the Nacala project, and says it wi...
Marubeni's weak balance sheet means debt repayments are relatively high priority and limits its ability to raise shareholder returns. Recent trading indicates improving business conditions, but there appears to be no major reasons to invest in the shares relative to its leading sector...
Mitsui & Co. just raised its FY 2021 profit forecast by 50%, from 180 billion yen to 270 billion yen, largely driven by commodity price increases. Based on the current commodity price outlook and the absence of asset write-offs, Mitsui could earn 418 billion yen for the fiscal yea...
Mitsui & Co., Ltd. (MITSF) Q3 2021 Earnings Conference Call February 03, 2021 2:45 AM ET Company Participants Takakazu Uchida – Chief Financial Officer Tetsuya Shigeta – Global Controller Conference Call Participants Presentation Takakazu Uchida Good afternoon. My name is Ta...
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