The Traderszone Network

SoftBank Group Corp. of Japan said Monday that it would separate its profitable but slow-growing domestic mobile business from its fast-paced but riskier overseas operations, which include a majority stake in U.S.

read more

I posted the Japanese Q4 GDP data
here earlier
up now if you’d like some further reading on it.
Bloomberg have a recap
“It’s better than expected but this doesn’t change the whole picture of Japan’s anemic recovery. Japan’s economy really doesn’t have any leading power with primarily consumer spending dragging growth,” said Takashi Shiono, an economist at Credit Suisse Group AG, who had correctly predicted the annualized GDP number. “I expect some rebound this quarter but it’s not going to be an impressive one.”

Japan’s economy shrank at an annualized 1.1% in the final quarter of 2015, revised up from a earlier reading of a 1.4% contraction.n

Visium Asset Management LP said Monday it is being investigated by federal authorities over trading and valuation issues
read more

Verizon Communications Inc.

read more

The macro data from the past month continues to point to positive but sluggish growth. On balance, the evidence suggests the imminent onset of a recession is unlikely. The main positives are in employment, consumption growth and housing…

read more

National Australia Bank (NAB) Business Survey – Conditions and Confidence for February (survey conducted between Feb. 22-26)
Conditions jump to 8
– prior 5
Confidence in at 3