Sumitomo Corporation Sponsored ADR (SSUMY)
Tire maker Goodyear to sell Dunlop brand to Sumitomo Rubber for $701 mln
Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Sumitomo Rubber Industries for $701 million in cash.
Sumitomo Mitsui Considers Expanding Collaboration With Jefferies
SMFG plans to boost its partnership with JEF to explore new business areas such as equity trading and drive growth in the Asia-Pacific region.
Rio Tinto and Sumitomo Metal Mining to Jointly Develop Winu Project
RIO signs a joint venture deal with Sumitomo Metal Mining to develop the Winu copper-gold project located in Western Australia.
Sumitomo: Focus On Short-Term Prospects And Long-Term Value Creation Potential
Sumitomo's Q2 FY 2024 results missed expectations, and I think that it will be tough for the company to meet its full-year bottom line target. On the flip side, SSUMY's recent interim dividend and latest corporate actions send a favorable signal about the company's intention to create long-term shareholder value. I leave my existing Hold rating for SSUMY stock unchanged, based on my assessment of the company's outlook for the near term and long run.
Sumitomo Mitsui: Many Ways To Win
Sumitomo Mitsui's fundamentals remain robust. The macro overhang is slowly clearing as well. A stubborn book value discount keeps the risk/reward very favorable.
Are Investors Undervaluing Sumitomo (SSUMY) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
SSUMY or ITT: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Diversified Operations sector have probably already heard of Sumitomo Corp. (SSUMY) and ITT (ITT). But which of these two companies is the best option for those looking for undervalued stocks?
Is Sumitomo (SSUMY) Stock Outpacing Its Conglomerates Peers This Year?
Here is how Sumitomo Corp. (SSUMY) and Vector Group (VGR) have performed compared to their sector so far this year.
Sumitomo (SSUMY) Upgraded to Buy: Here's Why
Sumitomo (SSUMY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Is Sumitomo (SSUMY) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
SSUMY vs. ITT: Which Stock Is the Better Value Option?
Investors with an interest in Diversified Operations stocks have likely encountered both Sumitomo Corp. (SSUMY) and ITT (ITT). But which of these two stocks offers value investors a better bang for their buck right now?
Is Sumitomo (SSUMY) Outperforming Other Conglomerates Stocks This Year?
Here is how Sumitomo Corp. (SSUMY) and Vector Group (VGR) have performed compared to their sector so far this year.
