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Nomura’s poor quarter is just an aberration, not a trend

Nomura Holdings Inc. may be ruing its international presence right now. It shouldn’t. Low volatility — the bane of global investment banks — caused a slump in fixed-income trading in the three months through September, driving Japan’s biggest brokerage to its first profit decline in five quarters. Net income slid 15 percent to 51.9 billion yen ($457 million), with huge ...

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Analysts aren’t sharp enough for this Japanese LCD maker

Sharp Corp. shares are up 33 percent since January, and that’s on top of their 116 percent gain last year after Foxconn Technology Group took control. That’s great for investors; not so much for sell-side analysts. They’ve remained stubbornly bearish on the Japanese liquid crystal display maker, so much so that if you had followed the recommendations of all but ...

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Put Congress on a travel budget

Responding to revelations of the Trump administration’s luxe travel habits, which have already cost one cabinet secretary his job, the House government oversight committee has opened an investigation. That scrutiny should apply to members of Congress and their staffs as well. By its own accounting, Congress spent 27 percent more on foreign trips last year than it did in 2015. ...

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