Press Releases from The Lexington Group (9 total)
The Lexington Group Enhances Cash Equities Research with Several Trading Hires
Aug. 20, 2013 - CHIYODA-KU, Japan -- As part of The Lexington Group’s strategy to expand its American Equities division, they have hired three senior traders to head the industrial, consumer and technologies sectors. The company has created its core research capability across American equities and is focusing on enhancing its cash research offerings.
John Marshall, Kevin Gill, and Dean Foster will be based in Tokyo and report to Mr…
The Lexington Group - Asia Report - 16.08.2013
Aug. 16, 2013 - CHIYODA-KU, Japan -- Most markets in Asia fell on Thursday after a 100 point drop on Wednesday the Dow Jones Industrial Average. In Tokyo the Nikkei Stock Average fell 2.1% to erase solid gains made in the two previous trading sessions, Taiwan´s Taiex lost 0.8% and the in China the Shanghai Composite dipped 0.9%. The Hang Seng in Hong Kong finished will a marginal loss, while…
The Lexington Group – EU Report – 14.08.2013
Aug. 15, 2013 - CHIYODA-KU, Japan -- European stocks gained for a fifth straight day with the Stoxx Europe 600 Index up 0.3% after the release of second quarter GDP data showing that Europe has emerged from a six quarter recession. Overall European gross domestic product rose 0.3% beating market expectations of 0.1% to 0.2%.
GDP growth also beat expectations in two of biggest economies in the Euro zone. In Germany…
The Lexington Report: 12-08-2013 - Stocks in China and Hong Kong Soar, But Slide …
Aug. 13, 2013 - CHIYODA-KU, Japan -- Chinese and Hong Kong stocks soared today to lead Asian Markets. The Shanghai Composite jumped 2.4%, its biggest gain in a month, while the Hang Seng in Hong Kong added 2.1% to finish at its highest level since the beginning of June. “The markets are still gaining on last week´s data showing that Chinese trade indicators and monthly industrial output had beat expectations,”…
The Lexington Group Appoints Mori Ryo to Head of Asian Economic Research
Aug. 09, 2013 - CHIYODA-KU, Japan -- The Lexington Group on Thursday announced Mori Ryo as Chief Economist for the Asian region.
Mr. Mori was formerly the Deputy Head of Japanese Economic Research. He made a name for himself at The Lexington Group in late 2007, when he and his team accurately predicted the decline of the Asian economy in 2009. Their research compared the bubbles that formed in Japan…
The Lexington Group Targets Motorola´s Return To the Smart Phone Market
Aug. 08, 2013 - CHIYODA-KU, Japan -- Later this month Motorola Solutions Inc. will release its first smart phone, the Moto X, in the United States since being acquired for $12.5 billion by Google in 2012. Motorola´s CEO Dennis Woodside and Google Chairman Eric Schmidt are looking to take market share from Apple and Samsung by offering a lower priced smart phone, the handset will retail for $200 in the…
European Banks Perform Well While Data Indicates the UK Economy Is Gaining Momen …
Aug. 02, 2013 - CHIYODA-KU, Japan -- The Stoxx Europe 600 index added nearly a percentage point, with banks as the best performing sector in the market. Lloyds Banking Group PLC gained 7.5% after its first profitable half year in three years. Shares of the bank are up 52% this year, surpassing the government´s break even point. The bank is also considering resuming paying dividends, for the first time in…
The Lexington Report - European Markets Post Marginal Gains, While Waiting For P …
Jul. 31, 2013 - CHIYODA-KU, Japan -- The Stoxx Europe 600 index spent the day hovering around 299 points, swing between small gains and loses. During morning trading the market was up after German research institute GfK released a report stating that levels of consumer confidence are at a six year high, the consumer-attitude indicator is up for the seventh consecutive month to seven points. It is at its…
The Lexington Group To Create North American Real Estate Investment Trust
CHIYODA-KU, Japan -- Due to the surge in demand for new homes in the United States and low interest rates The Lexington Group’s board of directors has given preliminary approval the commission of a Real Estate Investment Trust in early 2014. Home prices in major American cities have risen on average by more than 12 percent in the last year, the largest gains since 2006 prior to the subprime crisis.
The…
