Mitsubishi UFJ Financial Group, Inc. Common Stock (MUFG)
12.65
+0.16 (1.28%)
Mitsubishi Ufj Financial Group is a comprehensive financial services company based in Japan that offers a wide range of services, including commercial banking, trust banking, securities, credit cards, and asset management
It serves individuals, businesses, and institutions through its various subsidiaries, providing both domestic and international financial solutions. With an emphasis on innovation and a commitment to customer satisfaction, the group aims to meet diverse financial needs while contributing to the economic development of communities and businesses both in Japan and globally.
Honda Motor has set the price for its secondary offering of common stock at ¥1,664.5 each, a 3% discount to Wednesday's closing price. The deal is valued at ¥497 billion ($3.16 billion), with up to 300 million shares expected to be sold.
Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. are set to divest ¥1.32 trillion ($8.5 billion) in Toyota Motor Corp. shares. This strategic move aligns with Japan's push to reduce cross-held shares.
Japanese banks poised for windfall profits as Bank of Japan abandons negative interest rates after 8 years. Goldman Sachs predicts 30% surge in net interest margins. Warren Buffett also bullish on Japanese equities.
Japanese equities are rebounding, with the Nikkei 225 hitting a record high after 25 years. Goldman Sachs rounded up seven names that stood out, baptizing them as the "Seven Samurai."
Companies Reporting Before The Bell • NAPCO Security Techs (NASDAQNSSC) is estimated to report quarterly earnings at $0.26 per share on revenue of $43.92 million.
