에 대한 최신 뉴스 Sumitomo (OTC:SSUMY) 주식

Sumitomo

Sumitomo Corp is a Japanese conglomerate that operates various business units: metal products; transportation and construction systems; environment and infrastructure; media, ICT, and lifestyle-related goods and services; and mineral resources, energy, chemical, and electronics. The businesses develop, manufacture, distribute, and service steel sheets, steel tubular products, nonferrous metal products, ship and aerospace equipment, railway cars, automobiles, construction equipment, lifestyle and food retail goods, materials and supplies, mineral resources, energy, electronics, and life sciences. The group also offers services in infrastructure projects, real estate construction, and general construction and development projects.

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SSUMY

블랙스톤(NYSE:BX)과 같은 거대 사모펀드들은 애완동물 케어부터 부동산에 이르기까지 미국 시장의 모든 것을 삼켜버린 것처럼 보이며 심지어 스포츠 팀 인수까지 노리고 있다. NYC에 본사를 둔 이 투자 관리 회사는 일본 시장이라는 새로운 기회에 주목했다. 어떤 일이 (What Happened): 닛케이 아시아(Nikkei Asia)는 블랙스톤이 2027년까지 일본에 96억 달러를 투자할 계획이라고 보도했다.

거대 사모펀 블랙스톤, 일본 시장에 2027년까지 96억 달러 투자 계획: 보도

Sumitomo Corp

Equinor ASA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) shares are trading higher today. Nippon Steel Corporation (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NPSCY#OTC">NPSCY</a>) and Sumitomo Corporation (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSUMY#OTC">SSUMY</a>)&nbsp;&nbsp;have renewed a long-term <a target="_blank" href="https://www.nipponsteel.com/en/news/20240703_100.html" rel="noreferrer noopener">contract </a>with Equinor&nbsp;to supply&nbsp;OCTG for use in Norway and internationally for up to 9 years.
The contract renewal recognizes their stable supply of high-performance OCTG, customer-focused product development, reliable delivery, and commitment to low carbon, safety, and human rights compliance in the supply chain.
For the past 35 years, Nippon Steel and Sumitomo have supplied OCTG to Equinor for oil, gas, and CCS projects that reduce greenhouse gas emissions.
Nippon Steel and Sumitomo aim to expand their long-term collaboration with Equinor in the energy sector by ensuring a stable supply of OCTG.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39533520/schlumberger-lands-electric-subsea-project-with-equinor-in-norway-details" rel="noreferrer noopener">Schlumberger Lands Electric Subsea Project With Equinor In Norway: Details</a>
Investors can gain exposure to the stock via Amplify ETF Trust Amplify Natural Resources Dividend Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NDIV#NYSE">NDIV</a>)&nbsp;and SGI Enhanced Global Income ETF (GINX).
Price Action: EQNR shares are up 1.7% at $28.97 at the last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/06/39407148/australia-grants-equinor-feasibility-license-for-offshore-wind-project-report" target="_blank" rel="noreferrer noopener">Australia Grants Equinor Feasibility License For Offshore Wind Project: Report</a></li>
</ul>

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Equinor Extends 35-Year Partnership: Nippon Steel and Sumitomo to Supply OCTG for Up to 9 Years

Investors with an interest in Diversified Operations stocks have likely encountered both Sumitomo Corp. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssumy#OTC">SSUMY</a>) and ITT (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/itt#NYSE">ITT</a>). But which of these two stocks offers value investors a better bang for their buck right now? We&#39;ll need to take a closer look.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Right now, both Sumitomo Corp. and ITT are sporting a Zacks Rank of # 2 (Buy). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that these stocks have improving earnings outlooks. But this is just one factor that value investors are interested in.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company&#39;s fair value.
SSUMY currently has a forward P/E ratio of 8.43, while ITT has a forward P/E of 22.21. We also note that SSUMY has a PEG ratio of 0.58. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company&#39;s expected EPS growth rate. ITT currently has a PEG ratio of 1.68.
Another notable valuation metric for SSUMY is its P/B ratio of 0.93. Investors use the P/B ratio to look at a stock&#39;s market value versus its book value, which is defined as total assets minus total liabilities. By comparison, ITT has a P/B of 4.13.
These are just a few of the metrics contributing to SSUMY&#39;s Value grade of A and ITT&#39;s Value grade of D.
Both SSUMY and ITT are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that SSUMY is the superior value option right now.
<a href="https://www.zacks.com/stock/news/2292378/ssumy-or-itt-which-is-the-better-value-stock-right-now?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_3-2292378">To read this article on Zacks.com click here.</a>

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SSUMY or ITT: Which Is the Better Value Stock Right Now?

Private equity giants such as Blackstone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) have seemingly gobbled up everything in the United States market, from <a href="https://www.google.com/search?q=rover+blackstone+benzinga&amp;oq=rover+blackstone+benzinga&amp;gs_lcrp=EgZjaHJvbWUyCQgAEEUYORigATIHCAEQIRigATIHCAIQIRigATIHCAMQIRigATIHCAQQIRigAdIBCDI2MjZqMGo5qAIAsAIB&amp;sourceid=chrome&amp;ie=UTF-8">pet care</a> to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37719939/is-it-time-to-buy-the-commercial-real-estate-dip-the-worlds-biggest-private-equity-">real estate</a>, even eying a <a href="https://www.benzinga.com/general/sports/24/05/38710804/nfl-rule-could-open-door-for-big-money-investors-will-your-team-go-up-for-sale">purchase of sports teams</a>. The NYC-based investment management company has eyed a new opportunity: <a href="https://www.benzinga.com/topic/japan">the Japanese market</a>. 
What Happened: Nikkei Asia <a href="https://asia.nikkei.com/Business/Finance/Blackstone-eyes-10bn-in-Japan-deals-amid-buyout-fund-influx">reported</a> that Blackstone is planning to invest $9.6 billion in Japan by 2027.
&#8220;There are a number of factors that have come together that have really accelerated growth in the Japanese economy as well as investment opportunities,&#8221; Blackstone President Jonathan Gray told Nikkei. &#8220;It&#8217;s been the return of inflation to the Japanese economy, the strength in the stock market, the policies under Prime Minister [Fumio] Kishida, which have encouraged individual Japanese to move from savers to investors, which we think is very important, the encouragement of companies to focus on return on equity and to look at selling noncore divisions.&#8221;
The iShares MSCI Japan ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWJ#NYSE">EWJ</a>) is up over 9% in 2024 and the Japanese Yen is as weak against the U.S. Dollar as it has been in several decades.
Why it Matters: Blackstone is not alone in pursuing opportunities in the Japanese market. Investment managers, including Bain Capital and KKR &amp; Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>), are increasingly favoring Japan rather than China and India for investment opportunities.
Carlyle Group, which has previously invested in Japan, saw an internal rate of return of 28%, compared with around 8% to 14% for major Carlyle funds with focuses in Europe or Asia, according to Nikkei.
Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) has made several investments in Japan in recent years. CEO Warren Buffett famously <a href="https://www.nytimes.com/2008/10/17/opinion/17buffett.html">prefers</a> to invest in American companies, but a favorable Japanese interest rate environment led Berkshire to take stakes in the following Japanese conglomerates in 2020:
<ul>
<li>Itochu Corp.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITOCY#OTC">ITOCY</a>)</li>
<li>Mitsubishi Corp.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/MSBHF#OTC">MSBHF</a>)</li>
<li>Mitsui &amp; Co., Ltd&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/MITSY#OTC">MITSY</a>)</li>
<li>Sumitomo Corp.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSUMY#OTC">SSUMY</a>)</li>
<li>Marubeni Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MARUY#OTC">MARUY</a>)</li>
</ul>
The late vice-chairman Charlie Munger championed <a href="https://www.benzinga.com/startups/23/11/35539422/charlie-munger-raves-about-warren-buffetts-rare-japanese-investment-opportunity-of-a-century-it-was">Berkshire&#8217;s Japanese investments</a>.
&#8220;It was like having God just opening a chest and just pouring money into it,&#8221; Munger said.
Also Read: <a href="https://www.benzinga.com/markets/equities/24/05/38959529/blackstone-to-grant-equity-to-rank-and-file-employees-at-us-buyouts-report">Blackstone To Grant Equity To Rank-And-File Employees At US Buyouts: Report</a>
Image generated using artificial intelligence via Midjourney.

Private Equity Giant Blackstone Targets Japanese Market, Anticipates 'Accelerated Growth': Report

Since Warren Buffett expressed willingness to raise his exposures to Japanese trading companies on&nbsp;April 10, the Nikkei 225 index, which represents the broad&nbsp;Japanese stock market, registered gains for five straight weeks, increasing by 8%&nbsp;and surging <a href="http://www.benzinga.com/markets/asia/23/04/31742382/buffett-loves-japan-nikkei-stocks-rally-after-berkshire-hathaway-ceo-says-he-raises-bets-in-five-jap" target="_blank">back to November 2021 highs.&nbsp;</a>
In comparison, the S&amp;P 500 index, which is tracked by the SPDR S&amp;P 500 Trust ETF (ARCA: SPY), only gained by 1% over the same time span, thus lagging well behind Japanese equities.&nbsp;
Until Buffett publicly stated his desire to boost his holdings of Japanese stocks, the Nikkei and the S&amp;P 500 had almost&nbsp;equal year-to-date performance, as the chart below shows.&nbsp;
Chart: The Buffett&#39;s Effect | Japanese Stocks&nbsp;Strongly Outperformed U.S. Peers Since Buffett&#39;s Bet In April
<img alt="" src="https://www.benzinga.com/files/u1363475/nikkei225_2023-05-15_18-51-54_3b864.png" style="height:500px; width:100%" />
Why Buffett Loves Japan:&nbsp;Buffett has long had an attraction for the Japanese &quot;sogo sosha,&quot;&nbsp;or trading house companies, which are diversified conglomerates that trade at cheap or discount&nbsp;valuations&nbsp;on the market. Just what Berkshire Hathaway Inc.&#39;s&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bkr-a#NYSE">BKR-A</a>) CEO&nbsp;needs to hear.&nbsp;
The &quot;Oracle of Omaha&quot;&nbsp;had purchased slightly more than 5% of Japan&#39;s top five trading houses in August 2020:&nbsp;Itochu Corp. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/itocy#OTC">ITOCY</a>), Mitsubishi Corp. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/msbhf#OTC">MSBHF</a>), Mitsui &amp; Co. Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/mitsy#OTC">MITSY</a>), Sumitomo ADR&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssumy#OTC">SSUMY</a>), and Marubeni ADR&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/maruy#OTC">MARUY</a>). Buffett&nbsp;then increased his bets twice in November 2022 and April 2023.&nbsp;
How To Invest In Japanese Equities: There are two major exchange-traded funds (ETFs) that provide investors with exposure to Japanese equities.
The primary distinction between them relates to their currency hedging strategies.
The currency-unhedged iShares MSCI Japan ETF (ARCA: EWJ) tracks a market-cap-weighted index that encompasses around 85% of the investable universe of securities traded in Japan. In this case, a U.S.-based investor would be susceptible to swings in the Japanese yen&#39;s performance versus the dollar.
The WisdomTree Japan Hedged Equity Fund (ARCA: DXJ) invests in Japanese dividend-paying firms while hedging against currency swings. In this situation, a U.S.-based investment would not be exposed to currency risk.
Over the previous three years, DXJ has significantly outperformed EWJ by more than 50% due to&nbsp;a sharp rise in the dollar&#39;s relative value to the yen.
Chart: There Has Been A&nbsp;Notable Performance Gap Between Hedged And Unhedged Japanese Equities
<img alt="" src="https://www.benzinga.com/files/u1363475/ewj_2023-05-15_19-19-51_7a0b5.png" style="height:500px; width:100%" />
Read Also:&nbsp;<a href="https://www.benzinga.com/23/05/32369349/lessons-from-berkshire-warren-buffett-2023-shareholders-meeting-do-what-you-are-good-at-remove-toxic" target="_blank">Lessons From Berkshire Warren Buffett 2023 Shareholder&#39;s Meeting: Do What You Are Good At, Remove Toxic People And Be Kind</a>
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Japanese Stocks Rallied Five Weeks In A Row After Warren Buffett's Bet, Outperforming A Nearly Flat S&P 500

Billionaire investor&nbsp;Warren Buffett&nbsp;said in an interview with Nikkei on Tuesday that&nbsp;<a href="https://www.benzinga.com/markets/asia/23/04/31740469/warren-buffett-very-proud-of-japanese-investments-5-tokyo-listed-stocks-berkshire-has-stakes-in" target="_blank">he was proud of his investments in shares of Japanese trading houses.</a>
In his appearance on CNBC&rsquo;s Squawk Box on Wednesday, he elaborated further on the logic behind his Japanese bets.
What Happened:&nbsp;Buffett&rsquo;s agreed that his investment in Japanese stocks reflects his stamp of approval in Japan. This was accurate a couple of years ago too, he said.
&ldquo;I was confounded by the fact that we could buy into these companies and in effect have earnings yield, maybe 14% or something like that, with dividends&hellip;.. that grew 70% during that time and people were investing money at quarter percent or nothing, and then the quarter percent, if they put it out for a year, it wasn&rsquo;t going to grow,&rdquo; the billionaire said.
&ldquo;It&#39;s sure gonna be better than I thought it would be.&quot;
See Also:<a href="https://www.benzinga.com/money/warren-buffetts-forex-strategy" target="_blank">&nbsp;Warren Buffett&#39;s Forex Strategy</a>
Tracing Back Investment History:&nbsp;&nbsp;Buffett told CNBC that the investment in the Japanese trading houses started about four years ago.
&ldquo;I was looking at company after company, as I do every day and I just thought these were big companies. These were companies that I generally understood what they did, somewhat similar to&nbsp;Berkshire Hathaway, Inc.&nbsp;(NYSE:&nbsp;<a href="https://www.benzinga.com/stock/brk-a#NYSE" target="_blank">BRK-A</a>) (NYSE:&nbsp;<a href="https://www.benzinga.com/stock/brk-b#NYSE" target="_blank">BRK-B</a>),&quot; the billionaire investor said.
These stocks were trading at &ldquo;ridiculous&rdquo; prices, compared to the interest rates that prevailed at that time, he said.
Buffett said he, therefore, started buying all five largest trading houses during his 90th birthday (Aug. 30, 2020). The five trading companies Berkshire has stakes in are:
<ul>
<li>Itochu Corp.&nbsp;(OTC:&nbsp;<a href="https://www.benzinga.com/stock/itocy#OTC" target="_blank">ITOCY</a>)</li>
<li>Mitsubishi Corp.&nbsp;(OTC:&nbsp;<a href="https://www.benzinga.com/stock/msbhf#OTC" target="_blank">MSBHF</a>)</li>
<li>Mitsui &amp; Co., Ltd&nbsp;(OTC:&nbsp;<a href="https://www.benzinga.com/stock/mitsy#OTC" target="_blank">MITSY</a>)</li>
<li>Sumitomo Corp.&nbsp;(OTC:&nbsp;<a href="https://www.benzinga.com/stock/ssumy#OTC" target="_blank">SSUMY</a>) and</li>
<li>Marubeni Corp.&nbsp;(OTC:&nbsp;<a href="https://www.benzinga.com/stock/maruy#OTC" target="_blank">MARUY</a>)</li>
</ul>
Berkshire picked up an identical 5% stake in each of these companies and Buffett wrote to the CEOs of the companies at that time that he would never buy more than 9.9% in each without their consent.
Since Berkshire&rsquo;s purchases, the dividends of these companies have, on average, gone up by about 70%, he noted.
The investment guru also said Berkshire now owns 7.4% of each of these companies. He also said during his Japanese visit, he met with each of these companies over the past two days.
Buffett said these stocks are long-term bets. &ldquo;We&#39;ll be in these stocks 10-20 years,&rdquo; he said.
Read Next:&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/23/03/31505925/did-warren-buffett-miss-tesla-train-at-bargain-200m-valuation-elon-musk-reminds-investme" target="_blank">Did Warren Buffett Miss Tesla Train At Bargain $200M Valuation? Elon Musk Reminds Investment Guru Of Lost Opportunity</a>
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Warren Buffett Reveals 'Confounding' Fact That Made Him Invest In Japan's Top 5 Trading Firms: 'Better Than I Thought'

Shares of the Nikkei 225, the largest equity index in Japan, increased more than 1% after Berkshire Hathaway Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bkr-a#NYSE">BKR-A</a>) CEO Warren Buffett stated in a media interview with Nikkei press that he plans to increase his exposure to <a href="https://www.benzinga.com/markets/asia/23/04/31740469/warren-buffett-very-proud-of-japanese-investments-5-tokyo-listed-stocks-berkshire-has-stakes-in" target="_blank">Japanese trading houses</a>.&nbsp;
After revealing in August 2020&nbsp;it had purchased somewhat more than 5% of Japan&#39;s top five trading houses &mdash;&nbsp;Itochu Corp. (OTC:&nbsp;<a href="https://www.benzinga.com/stock/ITOCY#OTC">ITOCY</a>), Mitsubishi Corp.&nbsp;(OTC:&nbsp;<a href="https://www.benzinga.com/stock/MSBHF#OTC">MSBHF</a>), Mitsui &amp; Co. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/mitsy#OTC">MITSY</a>), Sumitomo Corp. (OTC:&nbsp;<a href="https://www.benzinga.com/stock/SSUMY#OTC">SSUMY</a>)&nbsp;and Marubeni Corp. (OTC:&nbsp;<a href="https://www.benzinga.com/stock/MARUY#OTC">MARUY</a>) &mdash; Buffett expanded its interests in Japanese stocks in November.
Sogo sosha, or Japanese trading corporations, are diversified conglomerates that typically trade at low or cheap market valuations.
Buffett&#39;s favorite Japanese equities trade at single-digit future P/E ratios, giving them an appealing value proposition that has likely piqued the interest of the &quot;Oracle of Omaha,&quot; who is now in Japan on a business trip.
<img alt="" src="https://www.benzinga.com/files/u1363475/koyfin_20230411_013801213.png" style="height:500px; width:968px" />
Itochu CEO Masahiro&nbsp;Okafuji told Nikkei that he is &quot;confident&quot;&nbsp;Buffett thinks the Japanese market justifies more investment. The iShares MSCI Japan Index Fund (ARCA: EWJ) is up 4.8% year-to-date.&nbsp;
Market Reactions To Buffett&rsquo;s Interview: Shares of the five Japanese trading houses rallied more than 2% at the close of the market session in Tokyo.
Mitsubishi Corp. (8058) gained 2%, Mitsui &amp; Co. (8031) was up by 2.7%, Itochu Corp. (8001) by 3%, Sumitomo Corp. (8053) by 3.2% and Marubeni Corp. (8002) by 4.6%.
<img alt="" src="https://www.benzinga.com/files/u1363475/8001_2023-04-11_13-21-48_9c642.png" style="height:500px; width:100%" />
Read Also:&nbsp;<a href="https://www.benzinga.com/news/23/04/31731723/5-of-the-craziest-things-warren-buffett-has-spent-his-money-on" target="_blank">5 Of The Craziest Things Warren Buffett Has Spent His Money On</a>&nbsp;
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Buffett Loves Japan: Nikkei Stocks Rally After Berkshire Hathaway CEO Says He Raises Bets in Five Japanese Trading Houses

Benzinga
<a class="editor-rtfLink" href="https://www.benzinga.com/general/social-media/23/04/31737585/twitter-is-officially-defunct-as-elon-musk-pursues-superapp-goal" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Twitter Inc Is Officially Defunct As Elon Musk Pursues&#39; Superapp&#39; Goal</a>
<ul>
<li>Twitter Inc,&nbsp;the parent company of the namesake social media platform, has ceased to exist, and it has now been merged into&nbsp;X Corp.,&nbsp;court filings show.</li>
<li>&#39;Chief Twit&#39;&nbsp;Elon Musk&nbsp;also appeared to acknowledge the change early on Tuesday by tweeting out &quot;X.&quot;</li>
<li>The development came to light in a court filing of Twitter&#39;s corporate disclosure statement in connection with a lawsuit brought about by right-wing activist Laura Loomer. She is fighting against Twitter banning her account in 2019.&nbsp;</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/04/31738895/hyundais-electric-vision-18b-investment-paves-way-for-companys-commitment-to-electric-cars" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Hyundai&#39;s Electric Vision: $18B Investment Paves Way for Company&#39;s Commitment To Electric Cars</a>
<ul>
<li>Hyundai Motor Company&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/hymtf#OTC">HYMTF</a>) plans to invest 24 trillion won ($18.2 billion) by 2030 to boost electrification.</li>
<li>The group, including Hyundai Motor, Kia, and Genesis electric models, expects to expand the annual EV production in Korea to 1.51 million units and global volume to 3.64 million units by 2030.</li>
<li>The investment will be used to upgrade Korea&#39;s EV ecosystem and to promote domestic EV production, R&amp;D, infrastructure, and related industries.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/general/biotech/23/04/31741627/mixed-results-for-moderna-on-vaccine-day-influenza-vaccine-candidate-testing-to-continue-despite-" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Moderna&#39;s Vaccine Day: Influenza Vaccine Candidate Testing To Continue As It Misses&#39; Early Success&#39; Threshold</a>
<ul>
<li>Moderna Inc&#39;s&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/mrna#NASDAQ" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">MRNA</a>) first vaccine candidate against influenza is mRNA-1010, which is being developed in adults.</li>
<li>The independent Data and Safety Monitoring Board (DSMB) has completed the first interim efficacy analysis for the second Phase 3 trial (P302) conducted in the Northern Hemisphere to evaluate the safety and non-inferior efficacy compared to a licensed flu vaccine.</li>
<li>The DSMB said mRNA-1010 did not meet the statistical threshold to declare early success.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/large-cap/23/04/31740193/disclosure-violations-cost-goldman-sachs-15m-as-settlement-in-swap-business" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Disclosure Violations Cost Goldman Sachs $15M as Settlement in Swap Business</a>
<ul>
<li>Goldman Sachs Group Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gs#NYSE">GS</a>) agreed to pay $15 million to settle U.S. Commodity Futures Trading Commission (CFTC) charges that it failed to make proper disclosures and communicate fairly to swap customers.</li>
<li>In 2015 and 2016, Goldman opportunistically solicited or agreed to enter into same-day swaps only on days and at times that were financially advantageous to Goldman and disadvantageous to its clients.&nbsp;</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/large-cap/23/04/31739764/newmont-raises-bid-for-newcrest-takeover-offers-46-premium-to-feb-3-price-at-19-5b-valuation" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Newmont Raises Bid For Newcrest Takeover, Offers 46% Premium to Feb 3 Price At $19.5B Valuation</a>
<ul>
<li>Newmont Corporation&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nem#NYSE">NEM</a>) submitted a final revised takeover offer to&nbsp;Newcrest Mining Limited&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ncmgy#OTC">NCMGY</a>), bidding a 46% premium to the closing price of Newcrest shares as on Feb 3, 2023.&nbsp;</li>
<li>The latest offer values Newcrest Mining at $19.5 billion, making it the largest-ever M&amp;A deal in the gold-mining industry.</li>
<li>Newcrest is Australia&#39;s largest gold miner, which had rejected the previous offer from Newmont at a $17.5 billion valuation. The company initially proposed the acquisition in February 2023.</li>
</ul>
&nbsp;
CNBC
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/04/31737812/chatgpt-rivalry-gets-bigger-alibaba-plans-to-integrate-chatbot-across-products-at-low-cost" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">ChatGPT Rivalry Gets Bigger: Alibaba Plans to Integrate Chatbot Across Products at Low Cost</a>
<ul>
<li>On Tuesday,&nbsp;Alibaba Group Holding Limited&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>) cloud computing unit shared plans to launch its&nbsp;ChatGPT&nbsp;counterpart Tongyi Qianwen.</li>
<li>Alibaba Cloud initially proposed to deploy Tongyi Qianwen with Chinese and English language capabilities on Slack counterpart DingTalk, Alibaba&#39;s workplace communication software, and Tmall Genie, a provider of smart home appliances.</li>
</ul>
&nbsp;
Nikkei
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/asia/23/04/31740469/warren-buffett-very-proud-of-japanese-investments-5-tokyo-listed-stocks-berkshire-has-stakes-in" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Warren Buffett &#39;Very Proud&#39; Of Japanese Investments: 5 Tokyo-Listed Stocks Berkshire Has Stakes In</a>
<ul>
<li>Billionaire investor&nbsp;Warren Buffett&nbsp;has set his sights on the far east to put his money to work.</li>
<li>Buffett, who runs the investment holding company&nbsp;Berkshire Hathaway&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/brk-a#NYSE" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">BRK-A</a>) (NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/brk-b#NYSE" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">BRK-B</a>), is &quot;very proud&quot; of his investments in Japanese stocks, the billionaire told in an interview with Nikkei.</li>
<li>Berkshire, in Aug. 2020, picked up more than 5% stake in each of Japan&#39;s five trading houses, namely&nbsp;Itochu Corp&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/itocy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">ITOCY</a>),&nbsp;Mitsubishi Corp&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/msbhf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">MSBHF</a>),&nbsp;Mitsui &amp; Co., Ltd&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/mitsy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">MITSY</a>),&nbsp;Sumitomo Corp&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/ssumy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">SSUMY</a>), and&nbsp;Marubeni Corp.&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/maruy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">MARUY</a>).</li>
</ul>
&nbsp;
Reuters
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/04/31738877/amc-britain-rival-cineworld-files-restructuring-plan-in-bankruptcy-court-shareholders-to-be-wiped-ou" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">AMC Britain Rival Cineworld Files Restructuring Plan in Bankruptcy Court, Shareholders to be Wiped Out</a>
<ul>
<li>On Tuesday,&nbsp;Cineworld Group PLC&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cnnwq#OTC">CNNWQ</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/cnwgq#OTC">CNWGQ</a>) said it had filed a reorganization plan in a Texas bankruptcy court to dissolve existing shareholdings effectively.</li>
<li>The filing formalizes the cinema chain operator&#39;s Apr 3 deal that includes plans to cut debt by about $4.53 billion and raise $2.26 billion to emerge from bankruptcy.</li>
<li>Cineworld, which expects to emerge from Chapter 11 in the first half of 2023, said any transaction resulting from the marketing process might delay emergence beyond that point.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/04/31738440/boeing-aims-to-reach-pre-crisis-737-max-production-rates-in-2025-report" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Boeing Aims To Reach Pre-Crisis 737 MAX Production Rates In 2025</a>
<ul>
<li>Boeing Co&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>) expects its 737 MAX jet to return to its 2019 production rate of 52 per month in 2025.</li>
<li>The aircraft maker&#39;s bestselling jet demand nosedived following two deadly crashes and the COVID-19 pandemic.</li>
<li>Boeing currently builds 31 737 MAX jets per month. The company aims to increase monthly MAX production to 38 in June, 42 by January 2024, and 47 by June 2024.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/general/biotech/23/04/31739346/drugmakers-stand-up-for-reproductive-rights-pfizer-and-biogen-among-300-condemning-abortion-pill-" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Drugmakers Stand Up for Reproductive Rights: Pfizer and Biogen Among 300 Condemning Abortion Pill Approval Suspension</a>
<ul>
<li>Last week Friday, a U.S. judge suspended the FDA&#39;s approval of mifepristone, effectively banning sales. Executives from over 300 companies, including&nbsp;Pfizer Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pfe#NYSE">PFE</a>) and&nbsp;Biogen Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/biib#NASDAQ">BIIB</a>), signed an open letter calling to reverse a federal judge&#39;s decision.</li>
<li>The abortion pill has been available since 2000. The letter&#39;s authors wrote that the ruling ignores scientific evidence and legal precedent.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/04/31739074/clear-skies-ahead-chinese-airlines-resume-boeing-737-max-operations-report" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Clear Skies Ahead: Chinese Airlines Resume Boeing 737 MAX Operations</a>
<ul>
<li>Boeing&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>) reportedly disclosed that 11 Chinese airlines had resumed 737 MAX operations as of Apr 10, a positive indication of its efforts to rebuild its business in the world&#39;s second-largest aviation market.</li>
<li>The number of 737 MAX returning to commercial service reached 43, accounting for approximately 45% of the Chinese 737 MAX fleet.</li>
<li>Boeing didn&#39;t name the airlines, but Hainan Airlines Holding Co Ltd, Fuzhou Airlines, Lucky Air, and Air China have all flown the jets in the months.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/04/31740222/mitsubishi-heavy-industries-pockets-2-8b-missile-contracts-from-japan-report" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Mitsubishi Heavy Industries Pockets $2.8B Missile Contracts From Japan</a>
<ul>
<li>Mitsubishi Heavy Industries Ltd&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/mhvyf#OTC">MHVYF</a>) has reportedly secured contracts worth $2.84 billion (378 billion yen) from Japan.</li>
<li>Under the contract, Mitsubishi Heavy will develop and build a new missile force to deter China from using military force in East Asia.</li>
<li>The four contracts include land, sea, and air-launched missiles and a hypersonic ballistic warhead that it wants to begin deploying in 2026, the report quoted Japan&#39;s Ministry of Defense.</li>
</ul>
&nbsp;
Bloomberg
<a class="editor-rtfLink" href="https://www.benzinga.com/government/23/04/31738465/antitrust-penalty-south-korea-hits-google-with-32m-fine-for-anti-competitive-mobile-app-behavior" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Antitrust Penalty: South Korea Hits Google with $32M Fine for Anti-Competitive Mobile App Behavior</a>
<ul>
<li>South Korea penalized&nbsp;Alphabet Inc&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>)&nbsp;Google&nbsp;42.1 billion won ($32 million) for exploiting its influence in the mobile app market to drive away a local rival.</li>
<li>Google tried to block Korean platform rival&nbsp;One Store Co&#39;s&nbsp;growth, Bloomberg cites&nbsp;Korea&#39;s Fair Trade Commission&#39;s&nbsp;statement.</li>
<li>Google has denied offering benefits to developers who put their apps only on Google Play.</li>
</ul>
Photo by Ljupco Smokovski via Shutterstock and Wikimedia Commons

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Twitter Inc Is Officially Defunct, Alibaba Plans to Integrate ChatGPT Like Chatbot Across Products, Moderna's Flu Shot Study Misses 'Early Success' Criteria: Today's Top Stories

Billionaire investor <a href="https://www.benzinga.com/news/23/04/31731723/5-of-the-craziest-things-warren-buffett-has-spent-his-money-on">Warren Buffett </a>has set his sights on the far east to put his money to work.
What Happened: &nbsp;Buffett, who runs the investment holding company, Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), is "very proud" of his investments in Japanese stocks, the billionaire <a href="https://asia.nikkei.com/Editor-s-Picks/Interview/Warren-Buffett-says-he-intends-to-add-to-Japanese-stock-holdings2">told</a> in an interview with Nikkei.
Berkshire in Aug. 2020 picked up more than 5% stake in each of Japan's five trading houses, namely Itochu Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITOCY#OTC">ITOCY</a>), Mitsubishi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MSBHF#OTC">MSBHF</a>), Mitsui &amp; Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MITSY#OTC">MITSY</a>), Sumitomo Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSUMY#OTC">SSUMY</a>) and Marubeni Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MARUY#OTC">MARUY</a>), the report said.
He then went on to augment the stakes in Nov. 2022, it added.
The "Oracle of Omaha" reportedly said he would meet with these companies this week to have a discussion about their businesses and emphasize his support.
See Also: <a href="https://www.benzinga.com/money/how-to-invest-in-startups">How To Invest In Startups</a>
Why It's Important: Buffett is a proponent of value investment – a strategy of picking up businesses at a discount to their intrinsic value. Berkshire's top holdings include Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), among others. The company has recently been <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/03/31523799/how-much-1-000-invested-in-occidental-when-warren-buffett-bought-the-stock-at-onset-of-r">building a position in the upstream oil and gas company Occidental Petroleum Corp </a>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>).
Buffett's Berkshire has also invested in other Asian companies such as BYD Company Limited (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>).
Read Next: <a href="https://www.benzinga.com/news/23/02/31060887/warren-buffett-says-in-58-years-of-managing-berkshire-his-decisions-no-better-than-so-so-heres-his-s">Warren Buffett Says In 58 Years Of Managing Berkshire His Decisions &#8216;No Better Than So-So&#8217;: Here&#8217;s His &#8216;Secret Sauce&#8217;</a>

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Warren Buffett 'Very Proud' Of Japanese Investments: 5 Tokyo-Listed Stocks Berkshire Has Stakes In

The U.S. Department of Energy (DOE) and its&nbsp;National Nuclear Security Administration (NNSA) unveiled &quot;a landmark achievement&quot; Tuesday when it confirmed that a fusion ignition breakthrough at a California lab essentially proves that an unlimited clean energy source <a href="http://www.benzinga.com/topic/clean-energy">is indeed feasible</a>.
The successful experiment, conducted at the Lawrence Livermore National Laboratory and considered &quot;a triumph of science&quot; by the <a href="https://www.benzinga.com/topic/united-states-department-of-energy">DOE and NNSA</a>, also bodes well for various companies that are currently innovating in the field of clean fusion energy.
Read on for insight on five stocks that may benefit on the heels of the announcement.
See Also: <a href="https://www.benzinga.com/government/22/12/30061679/triumph-of-science-us-department-of-energy-lab-achieves-fusion-ignition">&#39;Triumph Of Science&#39; - US Department Of Energy Lab Achieves Fusion Ignition</a>
<ul>
<li>Chevron (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvx#NYSE">CVX</a>): This may sound like a strange one, but it turns out that this San Ramon, California-based oil giant is a backer of nuclear fusion technology. <a href="https://www.chevron.com/newsroom/2020/q3/chevron-invests-in-nuclear-fusion-start-up">In 2020</a>, Chevron joined a Series A investment round in Zap Energy Inc., a Seattle-based startup developing a &quot;next-generation modular nuclear reactor&quot; that&#39;s &quot;cost-effective, flexible, and commercially scalable.&quot;</li>
<li>Amazon.com Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>): Back when Jeff Bezos was CEO, he joined an investor group that committed $19.5 million to General Fusion Inc., a startup that specializes in nuclear fusion. As of last <a href="https://generalfusion.com/post/general-fusion-closes-oversubscribed-130-million-transitional-financing-round/">November</a>, Bezos &mdash; now executive chairman &mdash; was still backing the Canada-based company when it closed an oversubscribed $130 million Series E funding round led by Singapore-based asset manager Temasek.</li>
<li>Alphabet Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>): In July, Google, along with Chevron, <a href="https://www.benzinga.com/pressreleases/22/07/n28113394/tae-technologies-exceeds-fusion-reactor-performance-goals-by-250-as-company-closes-250-million-fin">joined</a> a $250 million funding round for TAE Technologies, a nuclear fusion startup. The effort is expected to help build its next research reactor, dubbed &quot;Copernicus.&quot; So far, TAE has raised $1.2 billion.</li>
<li>Sumitomo (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssumy#OTC">SSUMY</a>): The Tokyo-based investment company is also a backer of TAE, and hopes to introduce fusion technology as a clean energy source to the Asia-Pacific region.</li>
<li>Cenovus Energy Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cve#NYSE">CVE</a>): This Calgary, Alberta-based company was originally focused on oil sands assets when it launched in 2009. Two years later, it backed the Series B round for General Fusion.</li>
</ul>
The nuclear fusion tech industry remains essentially private, <a href="https://www.fusionenergybase.com/organizations/#companies">dominated </a>by some 30 companies.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/penny-stocks/22/12/30056000/amid-geopolitical-struggles-canada-has-critical-resources-and-the-us-government-seems-ready-">Amid Geopolitical Struggles, Canada Has Critical Resources And The US Government Seems Ready To Invest</a>
Photo by <a href="https://unsplash.com/@nasa?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">NASA</a> on <a href="https://unsplash.com/s/photos/the-sun?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>

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Chevron, Amazon, Google Among The 5 Stock Plays For DOE's Breakthrough Fusion Tech

<h3>Companies Reporting Before The Bell</h3>
&bull; Canadian Solar Inc. (NASDAQ:<a class="ticker" href="/stock/CSIQ#NASDAQ">CSIQ</a>) is expected to report quarterly loss at $0.04 per share on revenue of $662.95 million.
&bull; DISH Network Inc. (NASDAQ:<a class="ticker" href="/stock/DISH#NASDAQ">DISH</a>) is expected to report quarterly earnings at $0.58 per share on revenue of $3.10 billion.
&bull; Icahn Enterprises Inc. (NASDAQ:<a class="ticker" href="/stock/IEP#NASDAQ">IEP</a>) is expected to report quarterly loss at $0.45 per share on revenue of $2.40 billion.
&bull; Harvest Capital Credit Inc. (NASDAQ:<a class="ticker" href="/stock/HCAP#NASDAQ">HCAP</a>) is estimated to report quarterly earnings at $0.13 per share on revenue of $3.06 million.
&bull; Arbutus Biopharma Inc. (NASDAQ:<a class="ticker" href="/stock/ABUS#NASDAQ">ABUS</a>) is estimated to report quarterly loss at $0.24 per share on revenue of $1.74 million.
&bull; Associated Capital Group Inc. (NYSE:<a class="ticker" href="/stock/AC#NYSE">AC</a>) is estimated to report earnings for its second quarter.
&bull; Assertio Holdings Inc. (NASDAQ:<a class="ticker" href="/stock/ASRT#NASDAQ">ASRT</a>) is expected to report quarterly loss at $0.03 per share on revenue of $25.33 million.
&bull; Blonder Tongue Laboratories, Inc. Common Stock Inc. (AMEX:<a class="ticker" href="/stock/BDR#AMEX">BDR</a>) is expected to report earnings for it&#39;s second quarter.
&bull; Circor International Inc. (NYSE:<a class="ticker" href="/stock/CIR#NYSE">CIR</a>) is estimated to report quarterly earnings at $0.11 per share on revenue of $168.26 million.
&bull; Colony Capital Inc. (NYSE:<a class="ticker" href="/stock/CLNY#NYSE">CLNY</a>) is estimated to report quarterly loss at $0.36 per share on revenue of $29.95 million.
&bull; Cannae Holdings Inc. (NYSE:<a class="ticker" href="/stock/CNNE#NYSE">CNNE</a>) is expected to report quarterly earnings at $0.02 per share on revenue of $109.70 million.
&bull; Century Casinos Inc. (NASDAQ:<a class="ticker" href="/stock/CNTY#NASDAQ">CNTY</a>) is estimated to report quarterly loss at $0.67 per share on revenue of $20.66 million.
&bull; Cohen &amp; Company Inc. Inc. (AMEX:<a class="ticker" href="/stock/COHN#AMEX">COHN</a>) is expected to report earnings for its second quarter.
&bull; Contura Energy Inc. (NYSE:<a class="ticker" href="/stock/CTRA#NYSE">CTRA</a>) is estimated to report quarterly loss at $3.33 per share on revenue of $354.95 million. 
&bull; Digital Media Solutions Inc. (NYSE:<a class="ticker" href="/stock/DMS#NYSE">DMS</a>) is expected to report earnings for its second quarter.
&bull; Ebix Inc. (NASDAQ:<a class="ticker" href="/stock/EBIX#NASDAQ">EBIX</a>) is estimated to report quarterly earnings at $0.38 per share on revenue of $110.95 million.
&bull; Enerplus Inc. (NYSE:<a class="ticker" href="/stock/ERF#NYSE">ERF</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $224.81 million.
&bull; Essent Gr Inc. (NYSE:<a class="ticker" href="/stock/ESNT#NYSE">ESNT</a>) is estimated to report quarterly earnings at $0.50 per share on revenue of $225.61 million.
&bull; Entercom Communications Inc. (NYSE:<a class="ticker" href="/stock/ETM#NYSE">ETM</a>) is estimated to report quarterly loss at $0.22 per share on revenue of $204.32 million.
&bull; GP Strategies Inc. (NYSE:<a class="ticker" href="/stock/GPX#NYSE">GPX</a>) is expected to report quarterly loss at $0.04 per share on revenue of $107.92 million.
&bull; GTY Technology Holdings Inc. (NASDAQ:<a class="ticker" href="/stock/GTYH#NASDAQ">GTYH</a>) is estimated to report quarterly loss at $0.07 per share on revenue of $11.00 million.
&bull; Horizon Global Inc. (NYSE:<a class="ticker" href="/stock/HZN#NYSE">HZN</a>) is estimated to report earnings for its second quarter. 
&bull; IES Holdings Inc. (NASDAQ:<a class="ticker" href="/stock/IESC#NASDAQ">IESC</a>) is estimated to report earnings for its third quarter.
&bull; Jounce Therapeutics Inc. (NASDAQ:<a class="ticker" href="/stock/JNCE#NASDAQ">JNCE</a>) is estimated to report earnings for its second quarter.
&bull; Jupai Hldgs Inc. (NYSE:<a class="ticker" href="/stock/JP#NYSE">JP</a>) is estimated to report earnings for its second quarter.
&bull; Kimco Realty Inc. (NYSE:<a class="ticker" href="/stock/KIM#NYSE">KIM</a>) is estimated to report quarterly earnings at $0.07 per share on revenue of $249.00 million.
&bull; Magna International Inc. (NYSE:<a class="ticker" href="/stock/MGA#NYSE">MGA</a>) is expected to report quarterly loss at $1.64 per share on revenue of $4.14 billion.
&bull; Mersana Therapeutics Inc. (NASDAQ:<a class="ticker" href="/stock/MRSN#NASDAQ">MRSN</a>) is estimated to report quarterly loss at $0.30 per share on revenue of $300.00 thousand.
&bull; MS&amp;AD Insurance Group Inc. (OTC:<a class="ticker" href="/stock/MSADY#OTC">MSADY</a>) is expected to report earnings for its first quarter.
&bull; New Jersey Resources Inc. (NYSE:<a class="ticker" href="/stock/NJR#NYSE">NJR</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $447.88 million.
&bull; Natural Resources Inc. (NYSE:<a class="ticker" href="/stock/NRP#NYSE">NRP</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $37.80 million.
&bull; Northwest Natural Hldg Inc. (NYSE:<a class="ticker" href="/stock/NWN#NYSE">NWN</a>) is expected to report quarterly loss at $0.03 per share on revenue of $132.71 million.
&bull; Ocular Therapeutix Inc. (NASDAQ:<a class="ticker" href="/stock/OCUL#NASDAQ">OCUL</a>) is estimated to report quarterly loss at $0.31 per share on revenue of $1.50 million.
&bull; Overseas Shipholding Gr Inc. (NYSE:<a class="ticker" href="/stock/OSG#NYSE">OSG</a>) is expected to report earnings for its second quarter.
&bull; Perma-Fix Environmental Inc. (NASDAQ:<a class="ticker" href="/stock/PESI#NASDAQ">PESI</a>) is estimated to report earnings for it&#39;s second quarter.
&bull; PFSweb Inc. (NASDAQ:<a class="ticker" href="/stock/PFSW#NASDAQ">PFSW</a>) is estimated to report earnings for its second quarter.
&bull; Rand Capital Inc. (NASDAQ:<a class="ticker" href="/stock/RAND#NASDAQ">RAND</a>) is expected to report earnings for its second quarter.
&bull; RMR Group Inc. (NASDAQ:<a class="ticker" href="/stock/RMR#NASDAQ">RMR</a>) is estimated to report quarterly earnings at $0.38 per share on revenue of $132.10 million.
&bull; Construction Partners Inc. (NASDAQ:<a class="ticker" href="/stock/ROAD#NASDAQ">ROAD</a>) is expected to report quarterly earnings at $0.24 per share on revenue of $236.68 million.
&bull; Sabre Inc. (NASDAQ:<a class="ticker" href="/stock/SABR#NASDAQ">SABR</a>) is expected to report quarterly loss at $0.84 per share on revenue of $162.78 million.
&bull; Superior Drilling Products, Inc. Common Stock Inc. (AMEX:<a class="ticker" href="/stock/SDPI#AMEX">SDPI</a>) is expected to report quarterly loss at $0.02 per share on revenue of $3.09 million.
&bull; Summit Midstream Partners Inc. (NYSE:<a class="ticker" href="/stock/SMLP#NYSE">SMLP</a>) is estimated to report quarterly earnings at $0.30 per share on revenue of $100.08 million.
&bull; New Senior Investment Gr Inc. (NYSE:<a class="ticker" href="/stock/SNR#NYSE">SNR</a>) is expected to report quarterly loss at $0.14 per share on revenue of $81.90 million.
&bull; Surgalign Holdings Inc. (NASDAQ:<a class="ticker" href="/stock/SRGA#NASDAQ">SRGA</a>) is estimated to report earnings for its second quarter.
&bull; Scholar Rock Holding Inc. (NASDAQ:<a class="ticker" href="/stock/SRRK#NASDAQ">SRRK</a>) is estimated to report quarterly loss at $0.54 per share on revenue of $6.82 million.
&bull; Service Properties Trust Inc. (NASDAQ:<a class="ticker" href="/stock/SVC#NASDAQ">SVC</a>) is expected to report quarterly loss at $0.63 per share on revenue of $201.65 million.
&bull; Interface Inc. (NASDAQ:<a class="ticker" href="/stock/TILE#NASDAQ">TILE</a>) is expected to report quarterly earnings at $0.07 per share on revenue of $249.00 million.
&bull; Twin Disc Inc. (NASDAQ:<a class="ticker" href="/stock/TWIN#NASDAQ">TWIN</a>) is expected to report quarterly loss at $0.28 per share on revenue of $49.90 million.
&bull; Domtar Inc. (NYSE:<a class="ticker" href="/stock/UFS#NYSE">UFS</a>) is expected to report quarterly loss at $0.48 per share on revenue of $1.04 billion.
&bull; Virtu Financial Inc. (NASDAQ:<a class="ticker" href="/stock/VIRT#NASDAQ">VIRT</a>) is estimated to report quarterly earnings at $1.60 per share on revenue of $649.12 million.
&bull; Meridian Bioscience Inc. (NASDAQ:<a class="ticker" href="/stock/VIVO#NASDAQ">VIVO</a>) is expected to report quarterly earnings at $0.25 per share on revenue of $66.04 million.
&bull; Ventas Inc. (NYSE:<a class="ticker" href="/stock/VTR#NYSE">VTR</a>) is expected to report quarterly earnings at $0.25 per share on revenue of $977.60 million.
&bull; PAR Technology Inc. (NYSE:<a class="ticker" href="/stock/PAR#NYSE">PAR</a>) is expected to report quarterly loss at $0.39 per share on revenue of $44.98 million.
&bull; E W Scripps Inc. (NASDAQ:<a class="ticker" href="/stock/SSP#NASDAQ">SSP</a>) is expected to report quarterly loss at $0.34 per share on revenue of $371.68 million.
&bull; Brookfield Renewable Inc. (NYSE:<a class="ticker" href="/stock/BEP#NYSE">BEP</a>) is estimated to report earnings for its second quarter.
&bull; Clear Channel Outdoor Inc. (NYSE:<a class="ticker" href="/stock/CCO#NYSE">CCO</a>) is expected to report quarterly loss at $0.38 per share on revenue of $322.97 million.
&bull; International Seaways Inc. (NYSE:<a class="ticker" href="/stock/INSW#NYSE">INSW</a>) is expected to report quarterly earnings at $2.43 per share on revenue of $144.50 million.
&bull; Northern Oil and Gas, Inc. Common Stock Inc. (AMEX:<a class="ticker" href="/stock/NOG#AMEX">NOG</a>) is expected to report quarterly earnings at $0.04 per share on revenue of $103.89 million.
&bull; Greenlane Holdings Inc. (NASDAQ:<a class="ticker" href="/stock/GNLN#NASDAQ">GNLN</a>) is expected to report quarterly loss at $0.09 per share on revenue of $29.38 million.
&bull; HMS Holdings Inc. (NASDAQ:<a class="ticker" href="/stock/HMSY#NASDAQ">HMSY</a>) is estimated to report quarterly earnings at $0.19 per share on revenue of $154.30 million.
&nbsp;
<h3>Companies Reporting After The Bell</h3>

&bull; FutureFuel Inc. (NYSE:<a class="ticker" href="/stock/FF#NYSE">FF</a>) is estimated to report earnings for its second quarter.
&bull; Radian Group Inc. (NYSE:<a class="ticker" href="/stock/RDN#NYSE">RDN</a>) is estimated to report quarterly earnings at $0.19 per share on revenue of $268.72 million.
&bull; Transportadora de Gas Inc. (NYSE:<a class="ticker" href="/stock/TGS#NYSE">TGS</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $167.40 million.
&bull; Terra Tech Inc. (OTC:<a class="ticker" href="/stock/TRTC#OTC">TRTC</a>) is expected to report earnings for it&#39;s second quarter.

Pre-Market Outlook

ABUS

AGESY

AHOTF

ASRT

CLNY

CNNE

CNTY

COHN

CSIQ

CTRA

DISH

EBIX

ESNT

GNLN

GTY Technology Holdings, Inc. - Class A Ordinary Shares

GTYH

HCAP

HMSY

IESC

INSW

JNCE

MITEY

MRSN

MSADY

OCUL

OTSKY

OVCHY

PESI

PFSW

PWCDF

RAND

ROAD

SABR

SDPI

SMLP

SRGA

SRRK

TILE

TKOMY

TRTC

TWIN

VIRT

VIVO

Earnings Scheduled For August 7, 2020

Intraday Update

AAEEF

AAVMY

ABEV

ABGSF

ABMD

ABTX

ACCFF

ACCYY

ACHV

ACNB

ACRFF

ACRGF

ACSAY

ACST

ACTG

ADMA

ADTN

ADVZF

AERI

AFLYY

AGCO

AGEEF

AGLXY

AHFD

AHKSY

AICAF

AINV

AIPUY

AIRG

AIRYY

AISSF

AKO-A

AKZOY

ALDX

ALEAFIA HEALTH INC ORD by Aleafia Health Inc.

ALEAF

ALEX

Allianz Ag Muenchen Namen-Akt Vinkuliert Shares

ALIZF

ALLY

ALOT

ALSN

ALTM

ALXEF

ALXN

AMCR

AMHPF

AMKBF

AMKBY

AMNB

AMPH

AMRN

AMSLF

ANAT

ANGO

ANIP

Australia and New Zealand Banking Group Limited

ANZBY

ANZFF

APELY

APEX

APHA

APTS

ARCB

ARCC

ARGGY

ARGO

ARLP

ARNA

ARNGF

AROC

ARREF

ARRRF

Stocks That Hit 52-Week Lows On Friday

The following are the M&amp;A deals, rumors and chatter circulating on Wall Street for Tuesday October 1, 2013:

Moneygram Spikes Lower on Report Co has Ended Talks with PE Firms

The Rumor: Shares of MoneyGram International (NYSE: <a class="ticker" href="/stock/mgi#NYSE">MGI</a>) spiked lower Tuesday on a a report from Reuters that it has ended talks with private equity firms and has decided to remain a public company. According to sources, the company had been looking for an offer of approximately $25 per share. In July Euronet (NASDAQ: <a class="ticker" href="/stock/eeft#NasdAQ">EEFT</a>) and several PE firms, including Carlyle Group (NASDAQ: <a class="ticker" href="/stock/cg#NASDAQ">CG</a>), Bain and TPG were mentioned as potential buyers for MoneyGram.

Am MoneyGram spokesperson was not available for comment on the report.

MoneyGram International closed at $18.91 Tuesday, a loss of 3.5 on triple average volume.

Sumitomo to Buy Edgen Group for $12/Share in Cash

The Deal: Sumitomo Corporation (OTC: <a class="ticker" href="/stock/ssumy#OTC">SSUMY</a>) and Sumitomo Corporation of America and Edgen Group Inc. (NYSE: <a class="ticker" href="/stock/edg#NYSE">EDG</a>) announced Tuesday the signing of a definitive merger agreement whereby Sumitomo will acquire all outstanding shares of Edgen Group for $12.00 per share in cash. The deal is expected to close before the end of 2013.

Edgen Group closed at $11.90 Tuesday, a gain of 56%.

Swift Energy Hires Scotia Waterous as Advisor for Potential Sale of Central Louisiana Assets

The Advisor: Swift Energy Company (NYSE: <a class="ticker" href="/stock/sfy#NYSE">SFY</a>) announced Tuesday that it has retained Scotia Waterous as its exclusive advisor to assist in the potential sale of its Central Louisiana assets. The assets include approximately 86,000 mineral acres and three producing oil and natural gas fields: Burr Ferry, Masters Creek, and South Bearhead Creek located in the Austin Chalk and Wilcox fairways.

Swift Energy closed at $12.06 Tuesday, a gain of 5.6%.

Rumors

Benzinga's M&A Chatter for Tuesday October 1, 2013

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