Hedge fund Elliott has built a position in Sumitomo, joining Berkshire Hathaway. The trading firm’s shares are up 10% this week. Activist and value investors are converging on Japan. The smart ...
U.S. hedge fund Elliott has built a stake in Sumitomo, one of the Japanese trading companies Warren Buffett has invested in, according to a person familiar with the situation. Shares of Sumitomo ...
Shares of Japanese trading house Sumitomo have tripled since Berkshire Hathaway took a stake in it and four other Japanese trading houses a few years ago. Now activist hedge fund Elliott is on the ...
Activist and value investors are converging on Japan. The smart money may be onto something: With U.S. shares suddenly under pressure from high rates again, hitching a ride on a long-term ...
(Bloomberg) --Elliott Management Corp. has built a “large” stake in Sumitomo Corp., one of Warren Buffett ... Read more: Berkshire’s Yen Bond Sale Gives Buffett More Cash to Buy Stocks Sumitomo is ...
However, it may be a potential buy for new investors ... Activist investor Paul Singer’s Elliott Management has disclosed a stake in Sumitomo. While currently a very small position, worth ...
Shares of Japanese trading houes Sumitomo rose after reports that U.S. hedge fund Elliott Management built a stake one of the firms that Warren Buffett had previously invested in. Chubb ...
Sumitomo targets at least 12% ROE, 40% total payout ratio Shares jumped 4.4%, after briefly surging as much as 7.6% Japanese trading firm -bsp-bb-link state="{"bbHref ...
Although Buffett got into BYD early and has been trimming Berkshire’s stake over the past year, now may be an opportune time to buy. As EV demand ... upward trajectory. Sumitomo (SSUMY) Sumitomo ...
Now, the size of the stake is worrying ... account," Macklem said. Elliott and Warren Buffett Are Now Both Bullish on Japan Hedge fund Elliott has built a position in Sumitomo, joining Berkshire ...
At the time, Sumitomo had offloaded 3.4 percent stake in Samvardhana Motherson at Rs 70.1 apiece Motilal Oswal is bullish on Samvardhana Motherson recommended buy rating on the stock with a target ...