Market Currents

• Monday, November 30, 2009

• 07:14 AM Thirty giant financial institutions were selected by the FSB for cross-border systemic-risk oversight, and will be asked to write "living wills" that outline wind-down plans in the aftermath of a crisis. They include: AEG AXA AZ BAC BCS BFR CS DB GS HBC ING JPM MFG MTU NMR RBS RY STD UBS. 1 Comment

• Wednesday, October 28, 2009

• 06:05 AM Nomura (NMR): Q2 net income of ¥27.7B ($303M) vs. consensus of ¥11.5B. Revenue of ¥355B vs. ¥258B last year. Resumes ¥4/share dividend. (Bloomberg) Comment!

• Sunday, October 25, 2009

• 10:45 AM Hoping to take advantage of buoyant equity markets, Blackstone (BX) is reportedly preparing to float its theme park operator Merlin Entertainments next year. Citigroup (C), Goldman Sachs (GS), Deutsche Bank (DB), UBS (UBS) and Nomura (NMR) are advising on what could be a $3.3B IPO. Merlin is the world's #2 park operator, after Disney (DIS). 2 Comments

• Monday, October 5, 2009

• 09:00 AM Premarket gainers: VG +21%. BRCD +14%. INO +8%. VIP +7%. MTW +7%. EGI +6%. NMR +6%. HOV +5%. CNO +4%. WFC +4%. COF +4%. FNM +4%.
  Losers: none of note. Comment!

• Friday, September 25, 2009

• 09:00 AM Premarket gainers: ALTH +11%. SLE +7.5%. LCC +4%. AIB +4%.
  Losers: RIMM -14%. KV.A -12%. KBH -6%. NMR -5%. Comment!

• Thursday, September 24, 2009

• 09:00 AM Premarket gainers: RHT +8%. NPG +6%. CVM +5%. BBI +4%. ABK +4%. CCL +4%.
  Losers: NMR -8%. RAD -7%. WR -6%. PPS -6%. ARE -6%. LPX -4%. Comment!

• Wednesday, September 9, 2009

• 14:20 PM So far, snapping up Lehman on the cheap has been a windfall for Barclays (BCS), but something of a culture shock for Nomura (NMR). Comment!

• Wednesday, July 1, 2009

• 05:35 AM Citigroup (C) reaches a deal to sell NikkoCiti Trust and Banking Corp. to Nomura Trust & Banking Co. (NMR) for ¥19B ($197M). Comment!

• Friday, June 12, 2009

• 09:00 AM Premarket gainers: SVNT +46%. RMBS +15%. WH +14%. SVA +14%. VICL +12%. SKS +9%. ACAS +6%. ABAT +5%. BT +4%. NMR +4%.
  Losers: SAY -14%. ARST -11%. HGSI -8%. CPST -7%. ESLR -6%. RTP -6%. AAUK -5%. BHP -5%. MT -4%. CTIC -4%. APTG -4%. HL -4%. AKS -4%. Comment!

• Thursday, June 11, 2009

• 09:01 AM Premarket gainers: HGSI +23%. CPST +20%. EMKR +10%. DLM +10%. ESLR +7%. NMR +6%. RBS +6%. AIB +4%. BCS +4%. SAY +4%. RF +4%. LEA +4%.
  Losers: AGEN -9%. LULU -8%. UNH -7%. EVEP -6%. CTIC -7%. MI -7%. FNB -5%. SQNM -5%. LVLT -4%. JASO -4% Comment!

• Monday, May 18, 2009

• 09:23 AM Nomura (NMR) says it hired 135 U.S. bankers recently. "The U.S. is the missing piece in Nomura's plan to become a global investment bank," its head of global equities says. Previous forays into the U.S. market have flopped. Comment!

• Monday, February 9, 2009

• 09:00 AM Premarket losers: NMR -9%. NYX -7%. CS -7%. RTP -7%. ENER -6%. Comment!

• Wednesday, December 10, 2008

• 09:29 AM Premarket losers: ERTS -12%. CAVM -10%. EK -10%. PCAR -5%. MWW -5%. AXP -4%. FMCN -4%. NMR -3%. ADP -3%. Comment!

• Thursday, November 20, 2008

• 09:39 AM Notwithstanding the demise of the Wall Street I-bank, Nomura (NMR -4%) says the investment bank model is not broken. It has no intention of joining hands with larger universal banks, president Kenichi Watanabe says, despite market skepticism. Comment!

• Wednesday, November 19, 2008

• 07:20 AM "The liquidity crisis in the financial world is over," says Nomura Holdings' (NMR) Kenichi Watanabe. Now, "the next step is how to rebuild the real economy." Comment!

• Tuesday, October 28, 2008

• 05:52 AM Nomura (NMR) posts a worse-than-expected FQ2 loss of ¥72.9B ($762M). Revenue -39% to ¥257.7B. Its Lehman acquisition, once hailed as a 'once in a generation opportunity,' could lead to up to $2B in losses for the fiscal year. Comment!