Japan's Nomura Q3 net profit rises 11%
Tweet
Share
E-mail
FILE PHOTO: A logo of Nomura Holdings is pictured in Tokyo, Japan, December 1, 2015. REUTERS/Toru Hanai/File Photo/File Photo
TOKYO (Reuters) - Nomura Holdings Inc, Japan's biggest brokerage and investment bank, reported on Wednesday an 11% rise in quarterly net profit as the partial sale of its affiliate's stake lifted otherwise weak earnings.
October-December profit came in at 66.9 billion yen ($513.51 million), up from 60.3 billion yen a year earlier.
($1 = 130.2800 yen)
(Reporting by Makiko Yamazaki; Editing by Muralikumar Anantharaman)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Premarket movers: Alibaba slides on discounted share sale, chipmakers dip
- H.C. Wainwright Reiterates Buy Rating on Axsome Therapeutics (AXSM)
- Wolfe Research Upgrades PulteGroup (PHM) to Outperform
Create E-mail Alert Related Categories
ReutersRelated Entities
Nomura, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
