Sumitomo Corporation (SSUMF)
- Bloomberg
Elliott Said to Have Built ‘Large’ Stake in Buffett-Favored Sumitomo
(Bloomberg) -- Elliott Management Corp. has built a “large” stake in Sumitomo Corp., one of Warren Buffett’s favorite Japanese trading houses, according to a person familiar with the matter. Most Read from BloombergMusk Makes Surprise China Visit, a Week After Nixing IndiaElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaApple Intensifies Talks With OpenAI for iPhone Ge
- Bloomberg
Rio, Saudi Arabia Said Vying for First Quantum Mines Stake
(Bloomberg) -- Rio Tinto Group and Saudi Arabia’s state-backed Manara Minerals Investment Co. are among suitors considering bids for a stake in First Quantum Minerals Ltd.’s Zambian copper mines, according to people familiar with the matter.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal Wit
- Zacks
Sumitomo (SSUMY) Upgraded to Buy: Here's Why
Sumitomo (SSUMY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
