Tuesday, July 31, 2007

Japan Stocks Tumble; Mizuho, Banks Fall on Drop in Profits; Kyocera Slips

(Bloomberg) -- Japanese stocks fell after Mitsubishi
UFJ Financial Group Inc. and Mizuho Financial Group Inc. said
their quarterly profit dropped because of increasing credit-
related costs.

A measure tracking banks plunged 3.1 percent, the worst
performer in the 33 industry groups included in the Topix.


Read more at Bloomberg Stocks News

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