Sumitomo Bank Headline News:Mitsubishi UFJ Offer Spells ‘Harsh World’ for Japan Bank Rivals - Bloomberg Nov. 14 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. posted a recovery in second- quarter earnings on lower bad-loan costs and trading gains. Sumitomo Mitsui, Japan’s second-largest bank by market value, more ... Posted Date: Fri, 13 Nov 2009 15:00:00 GMTMitsubishi UFJ Offer Spells ‘Harsh World’ for Japan Bank Rivals - Bloomberg Sumitomo Mitsui, Japan’s second-largest bank by market value, fell 5.9 percent in Tokyo trading yesterday, the worst performer on the 84-stock Topix Banks Index . The company can sell more common stock from next month under the terms of its $9.7 ... Posted Date: Wed, 18 Nov 2009 14:54:00 GMTSumitomo Appointed For North Sulawesi Geothermal Project - Tempo Interactive ... US$20 million and “funding for the construction will be provided by the Asian Development bank.” However Bambang said the contract for the Lahendong Unit 4 plant between the state power producer and Sumitomo will not be signed until 2010. Posted Date: Thu, 19 Nov 2009 12:51:00 GMTMizuho and Sumitomo Mitsui return to profit - Financial Times Mizuho Financial Group sold off some of its stock portfolio to return to profit in the second quarter, keeping its earnings forecast for the year. Japan’s third-largest bank by market capitalisation posted a net income of Y92.2bn ($1bn) in the ... Posted Date: Thu, 12 Nov 2009 23:58:00 GMTNikkei Down Despite Upbeat GDP - CNBC MUFG fell 4.9 percent to 483 yen, while Mizuho Financial Group lost 2.2 percent to 174 yen and No. 3 bank Sumitomo Mitsui Financial Group shed 4 percent to 3,110 yen. Hitachi sank 7.5 percent to 272 yen. Posted Date: Mon, 16 Nov 2009 01:49:00 GMTNikkei slips, weighed by banks and JAL - ninemsn MUFG lost 2.9 percent to 473 yen, No. 3 bank Sumitomo Mitsui Financial Group 8316.T> shed 5.8 percent to 2,855 yen and Mizuho Financial Group 8411.T> fell 4.1 percent to 163 yen. Sumitomo Realty & Development 8830.T> lost 6 percent to 1,476 yen ... Posted Date: Wed, 18 Nov 2009 04:31:00 GMTJapan's Nikkei falls 0.5 per cent - Skynews.com tech stocks were hammered on Thursday after Bank of America-Merrill Lynch cut its 2010 growth outlook for the semiconductor industry on concerns about a rising inventory glut, and downgraded 10 stocks including Intel Corp. Advantest, which makes chip ... Posted Date: Fri, 20 Nov 2009 15:06:00 GMTBain Capital Agrees to Purchase BELLSYSYTEM24 from Citi - Yahoo Finance Bain Capital has received committed financing for the transaction from Japan's largest banks - Sumitomo Mitsui Banking Corporation, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Mizuho Corporate Bank. The transaction, upon completion, would be the ... Posted Date: Sun, 15 Nov 2009 10:18:00 GMTNikkei slips as chip shares fall, but banks up - The Guardian Mitsubishi UFJ Financial Group rose 1.5 percent to 474 yen, while Japan's No. 3 bank, Sumitomo Mitsui Financial Group gained 3.5 percent and Mizuho Financial Group climbed 2.6 percent to 159 yen. (Editing by Rodney Joyce) Posted Date: Fri, 20 Nov 2009 01:30:00 GMT |