Streetbeat News

MARUY

Marubeni Corporation

https://www.marubeni.com/jp/

Industry

General Rental Centers

Open

155.82

Mkt cap

26B

Volume

2.3K

High

158.50

P/E Ratio

8.76

52-wk high

203.84

Low

155.82

Div yield

0.00

52-wk low

137.70

Global market turmoil originating in Japan caused a significant but temporary decline in Japanese stocks, impacting Warren Buffett's $20 billion investment in Japanese trading houses. Despite an initial 30% plunge, the market recovered most losses by the end of the week. Berkshire Hathaway's strategic shift includes selling half of its Apple stake and increasing U.S. Treasury holdings.

Portfolio Pulse from Benzinga Neuro

August 12, 2024 | 8:24 am

Japan's stock market rebounded significantly after a historic plunge, with the Nikkei 225 and Topix gaining nearly 10%. This recovery was supported by strong service sector and employment data. US futures also showed improvement.

Portfolio Pulse from Benzinga Neuro

August 06, 2024 | 2:03 am

Blackstone Inc. (NYSE:BX) plans to invest $9.6 billion in Japan by 2027, citing accelerated growth in the Japanese economy. Other investment managers like Bain Capital, KKR & Co Inc (NYSE:KKR), and Berkshire Hathaway Inc (NYSE:BRK) are also focusing on Japan. The iShares MSCI Japan ETF (NYSE:EWJ) has seen a 9% rise in 2024.

Portfolio Pulse from Hayden Buckfire

June 10, 2024 | 7:28 pm

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