No Data
Discussions are underway to privatize as a countermeasure against the ＆iHD acquisition.
It has been reported that the management team of the Canadian convenience store giant Alimentation Couche-Tard is considering a management buyout (MBO) in response to the acquisition proposal. It is also reported that discussions are underway to privatize the company's shares as a countermeasure against the acquisition. It seems that funding for the MBO is being considered to be raised from the founding family, as well as from three major banks and Itochu Corporation <8001>. Speculative funds are likely to be concentrated once trading resumes.
Daiwa House, landlords, etc. (additional) Rating
Upgrade - Bullish Code Stock Company Previously Changed -------------------------------------------------- <5110> Sumitomo Rubbers GS "Hold" "Buy" Downgrade - Bearish Code Stock Company Previously Changed -------------------------------------------------- <8056> BIPROGY City "2" "3" Target Stock Price Change Code Stock Name
Nikkei May Fall Amid Concerns About Borrowing Costs -- Market Talk
11/13 [Strength and Weakness Materials]
[Bullish and Bearish Factors] Bullish factors: USD/JPY exchange rate at 154.50-60 yen, VIX index decreased (14.71, -0.26), US crude oil futures increased (68.12, +0.08), active share buyback, request for improvement in corporate value by the Tokyo Stock Exchange. Bearish factors: Nikkei Average declined (39,376.09, -157.23), Dow Jones Industrial Average declined (43,910.98, -382.15), NASDAQ Composite Index declined (19,281.40, -17.36), Chicago Nikkei futures declined (39,260, -15)
The Trump trade is also swayed by favorable and unfavorable factors.
The Nikkei average fell for the first time in three business days. It closed at 39,376.09 yen, down 157.23 yen (approximate volume of 2.460 million shares) in trading. Against the backdrop of the previous day's rise in US stocks and a weaker yen, buying took the lead in the morning. There were moments of increase up to 39,866.72 yen towards the end of the morning session. However, there is a tendency for selling to wait for a return before the psychologically significant milestone of 100,000 yen, and US media reports Trump's strong stance on countries such as China and Iran as the top diplomat in the upcoming US presidential administration Marco Rubio.
What does Shigeru Ishiba's re-election mean for Japanese stocks?
Analysts believe that Shigeru Shiba's re-election may help boost the development of retailers and electrical utilities, and be bullish for public utility and technology stocks, while the prospects of defense companies and stocks related to corporate governance are less clear.