Japan’s Sumitomo to Divest Stake in Madagascar Nickel Project
Sumitomo Corp. plans to sell its majority stake in the Ambatovy nickel project in Madagascar following a review of market…
Tag: Sumitomo
HSBC Is Said to Shortlist Allianz, Sumitomo for Singapore Insurer
HSBC Holdings Plc has narrowed a bidding list for its Singapore insurance unit to Allianz SE, Daiichi Life Group Inc.…
Sumitomo Pharma shares plunge despite greenlight for Parkinson’s treatment
Kelvn | Istock | Getty Images Shares of Japanese drugmaker Sumitomo Pharma fell over 12% Friday on what appeared to…
Sumitomo Pharma Shares Drop After Stem-Therapy Backing
Sumitomo Pharma Co. shares declined after a Japanese government panel endorsed a conditional approval for its regenerative therapy, built on…
Tri Pointe Homes (TPH) Soars to All-Time High on $4.5-Billion Sumitomo Merger
We recently published 10 Market Beasts Leaving Wall Street in the Dust. Tri Pointe Homes Inc. (NYSE:TPH) was one of…
Elliott Seeks to Buy Sumitomo Realty Stake From Holders
Elliott Investment Management has approached several Japanese companies about buying their shares in Sumitomo Realty & Development Co., according to…
BWX Technologies, Inc. (BWXT)’s Kinectrics Division Secures a Multi-Year Contract From Sumitomo Electric Industries
With significant upside potential, BWX Technologies, Inc. (NYSE:BWXT) secures a spot on our list of the 10 Best Defense Contractor…
Sumitomo Mitsui Trust Said to Shut Hong Kong Branch by June 2026
Sumitomo Mitsui Trust Bank Ltd. plans to close the lender’s Hong Kong branch by June 2026 and move most of…