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Toyota’s upbeat profit forecast, stock buyback lift shares

Bloomberg Toyota Motor Corp. shares jumped the most in more than seven months after the automaker announced a stock buyback and gave a profit guidance that assuaged concerns about a slowing US market and stronger yen weighing on earnings. The world’s most valuable carmaker plans to buy back as much as 300 billion yen ($2.7 billion) of shares. The company’s ...

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Yageo stocks jump 800% since 2017

Bloomberg A Taiwanese manufacturer of components used in everything from smartphones to computers has turned into the world’s hottest stock amid surging demand for its products. Yageo Corp. has jumped more than 800 percent since the start of last year, the most among stocks on MSCI Inc.’s global gauge, to add $8.1 billion of value. The company, which makes capacitors ...

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Japan’s Recruit buys jobs website Glassdoor for $1.2 billion

Bloomberg Jobs and salaries portal Glassdoor Inc.’s Chief Executive Officer Robert Hohman has a new boss. Japanese human-resources and consumer-information provider Recruit Holdings Co. has agreed to buy Glassdoor for $1.2 billion in cash. Through the tie-up, Recruit will gain access to the US website’s extensive cache of content such as employee reviews, while Glassdoor will seek to accelerate its ...

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