ADVFN - Advanced Financial Network.
HOME» NYSE » C » CAJ Stock Price » CAJ Stock News

Canon Share News

 Canon, Inc. Stock Price
CAJ Stock Price
 Canon, Inc. Stock Chart
CAJ Stock Chart
 Canon, Inc. Stock News
CAJ Stock News
 Canon, Inc. Company Information
CAJ Company Information
 Canon, Inc. Stock Trades
CAJ 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 Canon (CAJ)
DateTimeHeadline
06/09/201408:20:06Samsung Considers $1 Billion Vietnam Investment
01/30/201418:07:48ASIA MARKETS: Japan Stocks Fall On Weak Dollar; Banks Hit Hard
11/15/201306:57:25Millennium Management 3Q 13F: Largest Eliminations
11/15/201306:57:17Millennium Management 3Q 13F: Largest Purchases
11/15/201306:57:17Millennium Management 3Q 13F: Largest Sales
11/15/201306:57:17Millennium Management 3Q 13F: Largest Eliminations -2-
09/12/201300:40:23LG Plans $1.5 Billion Vietnam Expansion
09/04/201306:19:38ASIA MARKETS: Asia Stocks Lower On Renewed Syria Jitters
07/17/201300:02:14ASIA MARKETS: Hong Kong Stocks Rise, Japan Drops In Choppy Asia
07/15/201321:37:20ASIA MARKETS: Japan, Australia Stocks Extend Gains
07/04/201304:52:03ASIA MARKETS: Hong Kong, Australia Stocks Stage Rebound
07/02/201301:45:34ASIA MARKETS: Australia, Japan Stocks Rally; China Slips
07/01/201323:29:51ASIA MARKETS: Australia, Japan Stocks Rise, But Hong Kong Drops
06/19/201304:49:08ASIA MARKETS: China Stocks Fall, Japan Jumps, Ahead Of Fed Meet
06/14/201313:00:13Electronics Giants Push Back Against Kodak Retiree Deal
05/22/201304:58:08ASIA MARKETS: Japan Stocks Rally After Central-bank Meet
05/09/201304:35:18ASIA MARKETS: Most Asia Stocks Drop After China Data
05/09/201302:55:51ASIA MARKETS: China Stocks Drop After Data; Korea Climbs
05/01/201303:28:20ASIA MARKETS: Asian Markets Retreat; Strong Yen Weighs On Japan
04/30/201321:23:05ASIA MARKETS: Asian Markets Retreat As Strong Yen Weighs Japan

Canon and other New York 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