Corporate Shakeups Light Up Tokyo Bourse on Down Day for Stocks [Yahoo! Finance]
TOKYO GAS CO LTD UNSP/ADR (TKGSY)
NASDAQ:AMEX Investor Relations:
tokyo-gas.co.jp/ir/english/library/earn_e.html
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Source: Yahoo! Finance
Most Read from Bloomberg Paris to Replace Parking Spaces With Trees New York's Transit Agency Approves $9 Congestion Toll Trump Promises Could Have Seismic Impact on Washington Economy NY Congestion Pricing Survived a Pause. Here's What Could Kill It In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift The gains, which came in the face of losses in the benchmark Topix, underscore just how frenetic trading has become on the Tokyo bourse this year. Within a month of setting a record high in July, the Topix tumbled into a bear market, then quickly bounced back 20% as local and global buyers returned in force. Wednesday's action saw convenience store operator Seven & i leap as much as 11% on a report that the founding family is looking to complete a deal to take the company private by the end of its fiscal year in February. Tokyo Gas surged 15% after Elliott Investment Management said it now held a major stake in the company and may make “important proposals”
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News
- Elliott’s Tokyo Gas property push should not get Lost in Translation [Financial Times (FT.com) (UK)]Financial Times
- 7-Eleven owner and Tokyo Gas shares jump on deal reports [Financial Times (FT.com) (UK)]Financial Times
- Tokyo Gas shares surge after activist investor Elliott takes stake [Yahoo! Finance]Yahoo! Finance
- Tokyo Gas Shares Jump Most Since 1987 After Elliott Report [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tokyo Gas Shares Jump Most Since 1987 After Elliott Stake Report [Yahoo! Finance]Yahoo! Finance