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Stock Market & Financial Investment News

News Breaks
August 31, 2012
07:06 EDTNMRNomura to cut another $1B in costs, WSJ reports
Nomura Holdings (NMR) said it’s planning to cut costs by $1B next fiscal year, in the first indication of how Japan's biggest brokerage is changing course under new management. The cuts come after another $1B in cost reductions in its wholesale business implemented earlier this year, reports the Wall Street Journal.Reference Link
News For NMR From The Last 14 Days
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June 17, 2013
09:40 EDTNMRNomura upgraded to Buy from Hold at Societe Generale
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June 10, 2013
05:50 EDTNMRNomura upgraded to Buy from Hold at Deutsche Bank
June 6, 2013
08:13 EDTNMRSumitomo Mitsui sells a $400M stake in Barclays, Reuters reports
Sumitomo Mitsui Banking Corp. (SMFG) sold a $400M stake in Barclays (BCS), about half its holding in the bank, reports Reuters. The shares were sold by Nomura (NMR), sources say. Reference Link

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