TOKYO, Jan 31 (Reuters) - Nomura Holdings Inc (8604.T: Quote, Profile, Research),
Japan’s largest brokerage, said its profit fell 71 percent in the
October-December quarter compared with a year earlier, hit by
slumping share prices and turmoil in global credit markets.
Nomura and second-ranked Daiwa Securities Group (8601.T: Quote, Profile, Research) are
headed for double-digit profit declines for [...]
SEOUL (Reuters) - South Korea’s Samsung Securities Co
(016360.KS: Quote, Profile, Research) said on Thursday its quarterly net profit more than
doubled as surging stock trading volumes and sales of equity
funds boosted commissions, but the results missed expectations.
The 2008 outlook for domestic brokerages such as Samsung
and Daewoo Securities (006800.KS: Quote, Profile, Research) is clouded by [...]
SEOUL (Reuters) - South Korea’s Samsung Securities Co
(016360.KS: Quote, Profile, Research) said on Thursday its quarterly net profit more than
doubled as surging stock trading volumes and sales of equity
funds boosted commissions, but the results missed expectations.
The 2008 outlook for domestic brokerages such as Samsung
and Daewoo Securities (006800.KS: Quote, Profile, Research) is clouded by [...]
TOKYO (Reuters) - Nomura Holdings Inc (8604.T: Quote, Profile, Research), Japan’s
largest brokerage, said its profit fell 71 percent in the
October-December quarter compared with a year earlier, hit by
slumping share prices and turmoil in global credit markets.
Nomura and second-ranked Daiwa Securities Group (8601.T: Quote, Profile, Research)
are headed for double-digit profit declines for the full [...]
FRANKFURT, Jan 31 (Reuters) - Deutsche Boerse (DB1Gn.DE: Quote, Profile, Research)
will lower cash equities clearing fees by 25 percent effective
April 1, the German stock exchange operator said on Thursday.
“Eurex Clearing is to lower the fixed clearing fees for
equity transactions on Xetra and the floor of the Frankfurt
Stock Exchange by 25 percent to 0.30 [...]
NEW YORK, Jan 31 (Reuters) - Investors added a net $3.531
billion to U.S.-based stock mutual funds in the week ended Jan.
30, reversing an outflow of $13.665 billion in the prior week,
TrimTabs Investment Research estimated on Thursday.
Funds investing mostly in domestic stocks had an inflow of
$1.784 billion, compared with an outflow of $9.050 billion [...]
By Michael Taylor
LONDON, Jan 31 (Reuters) - The FTSE 100 .FTSE of Britain’s
leading reversed early losses to end higher on Thursday,
supported by U.S. markets, M%26amp;A activity and commodity stocks.
The blue-chip index ended up 42.5 points, or 0.7 percent at
5,879.8.
The FTSE 100 is down almost 9 percent for the month — the
worst-performing [...]
(Adds details from report)
WASHINGTON, Jan 31 (Reuters) - Total U.S. money market
mutual fund assets increased by $40.40 billion to $3.315
trillion in the week ended Jan. 30, the Investment Company
Institute said on Thursday.
Retail money market fund assets rose by $16.16 billion to
$1.213 trillion, the industry trade group said in its weekly
report.
Institutional money [...]
SEOUL, Jan 31 (Reuters) - South Korea’s Samsung Securities Co
(016360.KS: Quote, Profile, Research) on Thursday reported a quarterly net profit that more
than doubled as stock trading volumes and sales of equity funds
surged, boosting the broker’s commissions.
Samsung, which brokers around 7.4 percent of South Korea’s
stock trading, said net profit in its fiscal third quarter [...]
Amazon shares fell $1.85, or 2.5 percent, to $72.36 in midday trading Thursday.
The company said late Wednesday that its fourth-quarter profit more than doubled and forecast strong sales growth for the coming year, but gave operating income guidance below Wall Street expectations.
Audible shares rose $2.07, or 22 percent, to $11.40 in midday [...]
