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Stock Market & Financial Investment News

News Breaks
January 11, 2013
07:47 EDTMTUMitsubishi UFJ seeks bank acquisitions in U.S., Bloomberg reports
Mitsubishi UFJ Financial Group (MTU) has an internal list of potential acquisition targets in the U.S. as it aims to expand its retail banking operations here, reports Bloomberg. While the bank has spoken with CEOs and investment officers from companies on the list, Takashi Morimura, deputy president and group CEO of global banking at lending unit Bank of Tokyo-Mitsubishi UFJ says they aren't in discussions with the companies now. “We’re trying to enhance our network and commercial banking business so if there’s a good target and the timing is good, we would like to do it as soon as possible,” he said. Reference Link
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May 14, 2013
11:38 EDTMTUMitsubishi UFJ volatility low as shares trend to 55-month high
Mitsubishi UFJ overall option implied volatility of 34 is below its 26-week average of 45 according to Track Data, suggesting decreasing price risk.
08:34 EDTMTUUnion Bank to acquire First Bank Association Bank Services
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May 13, 2013
09:00 EDTMTUMitsubishi UFJ rises 7%
Mitsubishi UFJ is up 7%, or 47c, to $7.17

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