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  • Editor’s Picks / 05 July 2016 at 23:25 GMT

    Japan Inc counts the cost of Brexit as yen soars

    The Straits Times
    Japan Inc is counting the cost of Brexit. The yen's surge after Britain's decision to exit the EU has turned the outlook for a gain in annual profit to the first decline in four years. Take Toyota Motor. Since the Brexit vote, the mean forecast for net income at the world's biggest carmaker has slid to $16.5 billion. The referendum outcome triggered the yen's biggest one-day advance in almost 18 years, taking its gains against the dollar this year to 17%. Profit estimates for Nissan and Canon were also cut by analysts after the Brexit vote. Growth concerns in Europe after the referendum and the currency's gains are casting a shadow on exports and threatening to derail Shinzo Abe's efforts to free Asia's second-biggest economy from deflation.
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  • Editor’s Picks / 24 February 2015 at 13:16 GMT

    These tech firms are patently outperforming

    The technology sector is a big growth area, and patents are its lifeblood. The number of utility patents (for invention rather than design) handed out by the United States Patent and Trademark Office rose to over 300,000 last year, a record high. Tech firms that are awarded these patients can expect to enjoy significant R&D investment. So which companies are winning the most patents? This list from Fortune of the top eight patent-earning companies has IBM at the top of the pile, with Samsung in second. Google is the biggest surprise, in that its ascendancy onto the list seems to have come from nowhere.
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  • Editor’s Picks / 11 February 2015 at 0:46 GMT

    Canon increases video surveillance with $2.8bn offer for Axis

    Canon has made a SEK 23.6 billion ($2.8 billion) offer for network video surveillance leader Axis – the biggest purchase ever for the Japanese firm as it tries to expand beyond a shrinking camera market. Reuters reports Canon said it had launched a bid to buy all the Swedish company's shares at SEK 340 apiece, a premium of nearly 50% to its closing price of SEK 226.90 on Monday. Axis said its board of directors unanimously supported the offer, and that three of its top shareholders representing around 40% of total shares will accept it. The deal will make Canon a top player in the video surveillance market, which was worth an estimated $15 billion at the end of last year, according to researcher IHS.
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  • Squawk / 01 April 2014 at 13:49 GMT
    Financial Newsletter / Quantesys S.A.
    The SELL signal given this morning on CANON INC at 3210 (currently at 3168) for a 1.3% downmove
    Read the Squawk