Nomura Profit Up as Unit Sale Offsets U.S. Expenses – Bloomberg

April 26, 2022 By admin

Bloomberg Surveillance: Early Edition with Francine Lacqua live from London, bringing insight on global markets and the top business stories of the day.
Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe.
Historically Black colleges and universities are the focus of this young businessman’s fashion clothing line. Crazy trick-shots have become the burgeoning toy enterprise of another hustle. And finally, one man has turned training for the thankless, grueling position of offensive lineman into a path toward personal physical fulfillment.
China Is Running Out of Ways to Stem Self-Made Market Meltdown
Orban’s Ballot Win Followed a Record Spike in Hungarian Salaries
China Tech Stocks Rebound as Beijing Renews Policy Support
Jeff Bezos Takes Aim at Musk’s Twitter Deal With China Jibe
Goldman and Morgan Stanley Lead Six Banks Sharing Twitter Deal Fees
Blasts Hit Moscow-Backed Transnistria Region Near Ukraine
Israeli Parliament Bars Critic of PM Bennett From Reelection
Wealth Among Africa’s Rich Poised to Jump to $3 Trillion by 2031
Twitter Under Elon Musk Threatens to End Trump’s Truth Social Media Venture
Formula One Miami Brings Racing, Legal Trouble, and $100,000 Tables at Clubs
Doncic Scores 33, Mavs Rout Jazz 102-77 for 3-2 Series Lead
CEOs Went Quiet About Equality During Covid
Why Don’t We Just Cancel All the Oligarch Lawyers?
Euro Banks Are About to Confront a New Kind of Rate Risk
The Long, Long Road to Cleaning Up Coal’s Carbon Footprint
We’re Fighting Covid With Faulty Data
Shanghai’s Lockdown Missteps Undermine Financial Hub Ambitions
Divided Supreme Court Allows Selective High School’s Diversity Policy
Amazon Union Election Kicks Off at Second New York Warehouse
Exxon Executive Is ‘Crushed’ at Hurt Caused by Pride Flag Decision
Manchin Explores Possibility of Energy, Climate Package With GOP
Europe’s Energy Rush Spurs Sasol to Quicken Green Hydrogen Plan
Free Public Transit Is Not a Climate Policy
How Cities Became Accidental Wildlife Havens
California Slow to Sell Housing Bonds as Homelessness Worsens
Doge Surges After Memecoin Advocate Musk Agrees to Buy Twitter
Crypto Conference in North Korea Leads to More Criminal Charges
Bitcoin ‘Stuck at the Moment’ as Record Cash Flees Crypto ETFs
A Nomura branch in Tokyo.

Nomura Holdings Inc. posted a fourth straight quarter of profit as Japan’s largest brokerage booked gains from a stake sale in one of its affiliated companies, offsetting further expenses for a legal case in the U.S. 
Net income totaled 31 billion yen ($242 million) in the three months ended March 31, the firm said in a statement Tuesday. Nomura said it will buy back up to 30 billion yen of its own stock. It also pocketed 42.8 billion yen by unloading part of its holding in Nomura Research Institute Ltd., its second sale in less than a year of NRI stock.