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Sumitomo Corp (8053.T)

8053.T on Tokyo Stock Exchange

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Wed, Aug 10 2016

BRIEF-Musashi Seimitsu Industry to transfer 25 pct stake in Hay Holding GmbH to Sumitomo Corp

* Says it plans to transfer 25 percent stake in wholly owned unit Hay Holding GmbH to Sumitomo Corp

BRIEF-Sumitomo Corp: To get $350 mln for sale of stake in Indonesia copper-gold mine

* to get 36 billion yen ($350 million) for sale of entire stake in Indonesia copper-gold mine

BRIEF-Newmont enters agreement to sell interest in Indonesian assets

* Says total consideration is $1.3 billion for Newmont's 48.5 percent economic interest in PTNNT

Sumitomo Corp cuts profit target for 2017/18, to step up asset sales

TOKYO, May 9 Japanese trading house Sumitomo Corp said on Monday it has cut its net profit target for the financial year to March 2018 to more than 220 billion yen ($2.05 billion) from its earlier goal of over 300 billion yen due to the prolonged commodity slump.

Nippon Steel, Sumitomo Corp renew 10-yr oil pipe contract with BP

TOKYO, April 27 Japan's biggest steelmaker Nippon Steel & Sumitomo Metal Corp and trading firm Sumitomo Corp said on Wednesday they have renewed their 10-year contract with Britain's BP to supply oil pipes, despite a slump in oil prices.

BRIEF-Sumitomo set to build 5,000 condominiums in India - Nikkei

* Sumitomo Corp Is Set To Build 5,000 Condominiums In India With Help From Local Autoparts Manufacturer Krishna Group - Nikkei

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