Hitachi, Ltd. (ADR)
Japan’s Prime Minister Shinzo Abe won a decisive victory on Sunday. His Liberal Democratic Party now controls both houses of Japan’s parliament, giving Abe a mandate to transform Japan.
A big part of that transformation will be centered on Japan’s economy. Abe has steadfastly promised to break the island nation out of its decades-long struggle with deflation.
Since Abe took office, Japanese stocks have been on a more »
Caterpillar (NYSE: CAT) investors were extremely delighted when they heard the company announcing that its global sales rose by 5%, marking the 30th straight three-month period of retail-sales expansion for this economic bellwether. But bullish and bearish investors both retain different takes about how the company will fare in the future.
The bears believe that the investors seem to ignore the way Caterpillar's growth rate has been easing more »
China watchers have seen a good deal of encouraging news in recent weeks, and since New Year’s Day the reports on the country’s economic state have been the most positive of the lot. A key government measure of the manufacturing sector showed expansion in December for the third straight month. A similar study by HSBC, which concentrates on smaller private manufacturers, said growth hit a 19-month high. Copper more »
The Japanese engineering conglomerate Hitachi (NASDAQOTH: HTHIY) has decided to expand rapidly in the UK’s nuclear sector by investing $1.12 billion to purchase Horizon Nuclear Power from the German firms E.On and RWE NPower who are walking away from nuclear power following the German government’s policy to reduce nuclear energy operations after the Fukushima incident. The apparent irony here is thatHitachi, based in a country that more »
It is 18 months since the disaster at the Fukushima nuclear power plant, and finally, the Japanese government has made a decision about the future of nuclear power in the country. The government has stated that it will phase out nuclear power entirely by 2040. This would make Japan the second major country, after Germany, to announce such a withdrawal from nuclear power.
Prior to the Fukushina disaster, nuclear power more »
General Electric (NYSE: GE) is one of the most influential corporations in the United States due to the services it offers. Having its hand in not only the energy infrastructure but also financial services, General Electric has indeed left its peers in the rear view mirror in terms of both growth and development.
This has, however, not been enough to satisfy the multi-billion-dollar institution, as it has put in place more »
I'm spotting a pattern among little-known technology companies: many hit 52-week lows around the same time (August 18/19 or October 4 of the previous year) and are hitting 52-week highs right now.
To illustrate this pattern, I've made a little chart. Notice anything unusual? ("Now" refers to within the past 3 days).
Name Low High QualComm (NASDAQ: QCOM) Aug 18 Now Taiwan Semiconductor Aug 18 Now Red more »