Tuesday, May 22, 2007

Japanese Stocks Rise After Mizuho Forecasts Record Profit; Exporters Climb

(Bloomberg) -- Japanese stocks rose for a third day.
Lenders led indexes higher after Mizuho Financial Group Inc.
forecast a record profit for this financial year.

Sumitomo Mitsui Financial Group Inc., which forecast on May
21 profits will climb this year, surged 4.5 percent, adding to a
5.7 percent gain yesterday.


Read more at Bloomberg Stocks News

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