The Traderszone Network

With exchange-rate moves no longer providing a windfall, and with global sales down slightly, Toyota is finding profit gains the old-fashioned way: cost-cutting.

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Last week marked a special occasion for economy class passengers — the return of free snacks on some domestic carriers.

Signs that refining margins won’t be what they were this time last year, and a recent investment that’s not panning out as originally hoped, boyh weighed on the company’s stock.

The Japanese government fund may reduce its stake in Tokyo Electric Power Co to below 50 percent in 2017 if the company achieves its goals including its first bond issuance in six years, the company’s president said. Tepco was saved from bankruptcy by the government in 2012 following reactor meltdowns at its Fukushima-Daiichi plant after an earthquake and tsunami in March 2011. Tepco, owned 50.1 percent by the government fund, will be vetted in March 2017 to see if the targets set by Tokyo have been achieved.

According to one analyst, Amazon claimed the majority of growth in the retail sector last quarter.

European banks have been caught in a perfect storm of market turmoil, lately.
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