Thursday, May 26, 2011

Nikkei in Tokyo Soars 1.5%; Canon Up 6%, Ricoh to Cut 10000 Staff

Canon Inc soared after it proposed to buy back 1.2% of its shares. Ricoh plans to eliminate 10000 staff in the next three years. Stocks in Tokyo strengthened after US indexes rebounded after a 3-day selloff in overnight trading and commodities gained. ...

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