TOKYO (AP) Nomura Holdings Inc. says it posted a group net loss of 342.9 billion yen ($3.8 billion) for the October-December quarter, as the global financial turmoil and slumping equity markets dragged Japan's biggest brokerage deeper into the red.
The company posted a profit of 21.8 billion yen in the same period a year earlier. The third quarter loss exceeded the 72.9 billion yen loss that Nomura posted for the June-September quarter. The company, which bought Lehman Brothers' operations in Europe, Asia and the Middle East, says pretax losses for the latest quarter totaled 399.5 billion yen from a profit of 44.4 billion yen the previous year. For the nine months ended December, it reported a net loss of 492.4 billion yen on revenue of 518.3 billion yen. http://in.news.yahoo.com/210/20090127/1482/tbs-nomura-posts-massive-3q-loss-amid-gl.html -- Tell the truth boldly, whether it hurts or not. Never pander to weakness. If truth is too much for intelligent people and sweeps them away, let them go; the sooner the better. Swami Vivekananda --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
