Men's Wearhouse Founder: 'Board Has Inappropriately Chosen to Silence My Concerns'
Mizuho Financial Group
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Asian stocks ended mixed on Tuesday with Japan's benchmark Nikkei index leading gains by 2 percent and Sydney shares gaining traction after the Australian central bank left the door open for future easing at its policy meeting.
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Sharp said it expects to rebound to an operating profit in the year to March 31 as it battles to remain viable after averting failure last year.
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Japan's banking titans are hiring Spanish-speaking bankers to win new business in Latin America and handing out loans to junk-grade borrowers in the United States as they probe deeper overseas.
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The U.S. government has launched a civil lawsuit against Standard & Poor's over mortgage bond ratings, the first federal enforcement action against a credit rating agency over behavior tied to the recent financial crisis.
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Sharp rebounded to a third-quarter operating profit on Friday, improving the bailed-out consumer electroncs maker's chances of convincing lenders and shareholders that it is a viable company.
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