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Japanese Market Falters On Weak Trade Data, Rating Downgrade
The Japanese market is trading lower on Wednesday with investors indulging in fairly heavy selling at several counters following weak trade data and a downgrade of the country's foreign currency rating by Fitch Ratings. The Greek Prime Minister's remark that Greece may leave the euro zone is also contributing to the market weakness.
Read more...Benihana restaurant company taken private for $296 million
Benihana Inc., the Japanese-style and sushi restaurant company known for slicing, dicing and frying food in front of diners, will be sold to a private equity group for $296 million.
Read more...Pinterest financing values company at $1.5 billion
Silicon Valley startup Pinterest raised $100 million from a group led by Japanese online retailer Rakuten Inc, valuing the company at about $1.5 billion and underscoring the huge investor appetite for ...
Read more...Japan Gas Binge Ties Third-Biggest Economy to One Fuel: Energy
Japanese companies are buying naturalgas assets and fields around the world, setting the nation oncourse to be the first of the 10 largest energy users to bet itsfuture on a less-polluting fuel than oil ...
Read more...Universal Display drops 9% after discussing patent litigations
Universal Display shares are trading lower after the company disclosed the status of several litigations in regulatory filing this morning. Universal Display said that on May 16, it learned that the Japanese ...
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