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10.07.25 - 15:18
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Seven & i Reports 2.3-Fold Rise in March-May Net Profit (Nippon)
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Tokyo, July 10 (Jiji Press)--Seven & i Holdings Co. on Thursday reported a consolidated net profit of 49.0 billion yen for March-May, up about 2.3-fold from a year before. The profit rallied after being pushed down by losses related to the sale of shares in mail-order retail firm Nissen Holdings Co. a year earlier. The bottom line was also boosted by proceeds from the sale of store assets he......
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27.05.25 - 08:01
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Seven & i Shareholders Approve Dacus-Led New Board (Nippon)
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Tokyo, May 27 (Jiji Press)--Seven & i Holdings Co. shareholders on Tuesday approved a new board of directors led by President and CEO Stephen Hayes Dacus and Chairman Junro Ito, a member of the Japanese retailer's founding family. The company has been in talks with Canadian convenience store operator Alimentation Couche-Tard on its proposal to acquire Seven & i, while exploring ways to boost......
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20.05.25 - 14:54
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Seven & i Considers Selling Some Seven Bank Shares to Itochu (Nippon)
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Tokyo, May 20 (Jiji Press)--Seven & i Holdings Co. is considering selling part of its stake in Seven Bank to Itochu Corp., people familiar with the matter said Tuesday. The move is part of Seven & i's efforts to improve its corporate value by focusing on its convenience store business at a time when Canadian convenience store operator Alimentation Couche-Tard is trying to acquire the Japanes......
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09.05.25 - 14:06
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Warren Buffett Goes Out On Top, Beating The Mag 7 Stocks (24/7 Wall St.)
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Watch the Video Transcript: [00:00:04] Doug McIntyre: So Warren Buffet's Berkshire Hathaway is up 19% this year, whereas the UN Magnificent seven, I haven't looked at their composite recently, but they're not up, they're not, they, they may not be over, they may be underperforming the market. Why are people buying Berkshire Hathaway in a […]
The post Warren Buffett Goes Out On Top, Beating The Mag 7 Stocks appeared first on 24/7 Wall St.....
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01.05.25 - 10:12
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U.S. Proxy Advisers Support Seven & i Proposals (Nippon)
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Tokyo, May 1 (Jiji Press)--Two U.S. proxy advisory companies support proposals that Seven & i Holdings Co. plans to put forward at a shareholders' meeting on May 27, people familiar with the matter said Thursday. Glass Lewis & Co. and Institutional Shareholder Services Inc. recommended that institutional investors vote in favor of all proposals from the Japanese retailer, including its slate......
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01.05.25 - 10:01
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Seven & i Concludes Nondisclosure Agreement with Couche-Tard (Nippon)
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Tokyo, May 1 (Jiji Press)--Japanese retail giant Seven & i Holdings Co. said Thursday that it has concluded a nondisclosure agreement with Canadian convenience store operator Alimentation Couche-Tard Inc., which has offered to acquire Seven & i. This will allow talks between the two over the takeover offer to move forward. Seven & i had asked Couche-Tard to conclude the agreement, which i......
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