ADVFN - Advanced Financial Network.
HOME» AMEX » U » URZ Stock Price » URZ Stock News

Uranerz Energy Corp. Share News

 Uranerz Energy Corp. Stock Price
URZ Stock Price
 Uranerz Energy Corp. Stock Chart
URZ Stock Chart
 Uranerz Energy Corp. Stock News
URZ Stock News
 Uranerz Energy Corp. Company Information
URZ Company Information
 Uranerz Energy Corp. Stock Trades
URZ Stock Trades

Japanese Companies Trading In US Extend Losses For Third Session

By Chris Dieterich Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Japanese companies trading in the U.S. took another beating on Tuesday, as an evolving nuclear crisis struck fear in global markets. Traders sold off shares of iconic Japanese corporations like Toyota Motor Corp. (TM, 72.03.TO) and Sony Corp. (SNE, 6758.TO) for the third-straight session. Trading was equally bearish on the iShares MSCI Japan Index Fund (EWJ), an exchange-traded fund that tracks 324 companies, whose 3.4% decline on Tuesday adds to an 11% slide since the 9.0 earthquake hit Japan on Friday. The declines in Japanese funds and companies with American depository shares follow an 11% plunge in the Nikkei Stock Average that started a global rout. The Dow Jones Industrial Average was done 2.1% in late-morning trading. "We saw people throwing stocks out at that open," Craig Peskin, co-head of technical analysis research at MF Global, said. "But a potential nuclear disaster is the wild card." Toyota dipped 2.7% to $79.46 on the NYSE and shares of Nissan Motor Co. Ltd. (NSANY, 7201.TO), whose shares trade over the counter in the U.S., fell 0.5% to $17.74 in recent trading. Consumer electronics giant Sony Corp.'s shares fell 2.7% to $30.23 and Kyocera Corp. (KYO, 6971.TO) traded 4.5% lower to $88.88 in New York. Hitachi Ltd. (HIT, 6501.TO) shares fell 6.3% to $46.74 in recent trading. Japanese financial companies also traded lower, with Mizuho Financial Group Inc. (MFG, 8411.TO) down 7.1% to $3.34 and Nomura Holdings Inc. (NMR, 8604.TO) lost 6.7% to trade at $5.08 on NYSE. Sumitomo Mitsui Financial Group Inc. (SMFG, 8316.TO) fell 1.2% to $6.43 recently. With uncertainly guiding trading, strategists said Japanese share remain at high risk for steeper declines. "The reason people are selling is that they just don't know," said Sam Stovall, chief investment strategist at Standard & Poor's Equity Research. "The problems that have led share price have not been resolved, so in the near term prices are definitely vulnerable." For the first time since the earthquake, not all Japanese stocks fell on U.S. exchanges. Honda Motor Co. Ltd. (HMC, 7267.TO) pared losses and rose 0.3% to $38.26 and Canon Inc. (CAJ, 7751.TO) gained 1.4% to $44.24 recently. Standard & Poor's Ratings Services said in a report Tuesday that the earthquake and tsunami are unlikely to have a direct impact on the credit ratings of most Japanese companies. -By Chris Dieterich, Dow Jones Newswires; 212-416-2611; christopher.dieterich@dowjones.com

Stock News for Uranerz Energy Corp. (URZ)
DateTimeHeadline
03/15/201112:19:14Japanese Companies Trading In US Extend Losses For Third Session
03/14/201112:04:07Japanese, Nuclear Shares Fall In US In Quake's Aftermath

Uranerz Energy Corp. and other American Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad