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2023-04-21 10:51:30 ET Summary Warren Buffett grabbed 5% stakes, worth a total of $6 billion, in Japan's five largest trading companies known as sogo shosha in 2020. The sogo shosha has diverse business interests ranging from energy and metals to food and textiles and has a rich h...
2023-03-28 09:18:27 ET As any seasoned Wall Street trader will say, it is important to keep a close eye on the %Commodities market, particularly those that are essential to the manufacturing and industrial sectors. %Nickel fits that mold, as a crucial component in the production of ...
Summary Sumitomo’s diversified businesses continue to deliver solid earnings through the uncertain macro backdrop. While the decline in commodities has weighed on the resource side, the China reopening tailwind should help. With management also taking another step toward retu...
After two years of disruptions owing to the global pandemic, the %PGA Golf Show was back in 2023 and, by nearly all accounts, the 70 th iteration was the most dynamic convention in years. Over the course of four days, Jan. 24-27, about 30,000 attendees gathered from over 86 countries to c...
Sumitomo Corporation press release ( OTCPK:SSUMY ): GAAP EPS of ¥370.93. Revenue of ¥5.07B (+28.7% Y/Y). For further details see: Sumitomo Corporation GAAP EPS of ¥370.93, revenue of ¥5.07B
Summary URA and URNM are the two main ETFs offering equity exposure to the uranium space. URA may look better at first glance – it has better expense ratio, liquidity and discount to NAV. On the other hand, URNM is the purer-play uranium bet, as URA has holdings outside the s...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Amid the latest groundbreaking news in the broader energy space, investors may want to target certain long-term stocks to buy on the nuclear fusion announcement. According to T he New York Times , scientists at the Lawrence...
Sumitomo Corporation press release ( OTCPK:SSUMY ): Q1 GAAP EPS of ¥124.03. Revenue of ¥1.62T (+27.6% Y/Y). For further details see: Sumitomo Corporation GAAP EPS of ¥124.03, revenue of ¥1.62T
Mitsui's rapid growth over the last couple of years has slowed due to a weaker iron ore market. Other commodities like coal, oil, and gas are still strong. The company did not increase its profit or dividend forecasts for FY 2023. Mitsui is still cheap on an absolute basis and com...
Chevron ( NYSE: CVX ) is part of a $250M funding round announced Tuesday for Google-backed TAE Technologies, a nuclear fusion startup with a "non-radioactive approach" that has raised $1.2B in total. Japan's Sumitomo ( OTCPK:SSUMY ) also participated in the funding r...
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Sumitomo Corporation of Americas Investment in Vast Medical Holdings; Marks Entry into U.S. Healthcare Market with Goals to Improve Patient Outcomes PR Newswire NEW YORK and CORAL SPRINGS, Fla. , July 17, 2024 /PRNewswire/ -- Sumitomo Corporation, through its...
Sumitomo Corporation of Americas Diversifies into Distributed Energy with Solar and Storage Investment, Opportunity to Expand Globally PR Newswire NEW YORK , June 26, 2024 /PRNewswire/ -- Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter...
Orbital Infrastructure Group Inc. (OIGBQ) is expected to report for Q1 2024 OFS Credit Company Inc. (OCCI) is expected to report for Q2 2024 KBC Groupe NV ADR (KBCSY) is expected to report for Q1 2024 Daikin Industries Ltd ADR (DKILY) is expected to report $0.11 for Q4 2024 Invita...