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Toshiba had substantial excess capital, and a higher buyback would make sense “especially with the current depressed share price of Toshiba”, the fund said. It also called on the company to hire more board members with international experience. “As a long-term shareholder of Toshiba, we may feel the need to propose an agenda item at the AGM next year should we feel that our suggestions have not been given due consideration,” the fund said robinsons cufflinks. Toshiba could not immediately comment..

(Reuters) – The U.S. Department of Commerce’s Bureau of Economic Analysis and Census Bureau will not publish economic data during the ongoing partial government shutdown, the Wall Street Journal reported on Wednesday, citing an agency spokeswoman. The Commerce Department releases key figures on gross domestic product, inflation, personal income and spending, trade and new home sales, much of which are closely watched by investors and policymakers. “Due to the lapse in Congressional Appropriations for Fiscal Year 2019, the U.S. Department of Commerce is closed,” a notice on the department’s website said. “Commerce Department websites will not be updated until further notice.” robinsons cufflinks.

A Commerce Department official said previously that new home sales data scheduled for release on Thursday would be postponed as long as the partial government shutdown continued robinsons cufflinks. Other data likely to be postponed includes revised figures on U.S. building permits that had been scheduled for Thursday and a report on advance economic indicators, including the goods trade balance, that had been scheduled for Friday. The partial shutdown of the federal government was set to enter its sixth day after President Donald Trump said he was prepared to wait as long as it takes to get $5 billion from taxpayers for his U.S.-Mexico border wall..

NEW YORK (Reuters) – One notable factor in Wall Street’s monster rally on Wednesday was a record gain in an index of stocks that have the largest bets placed against them by market contrarians. The Thomson Reuters United States Most Shorted Index rose 6 percent, the biggest percentage rise in its six-year history, as some investors moved to cover bearish bets on the 51 stocks in the index, some of which were at their lowest price in years. The gain came as the Dow Jones Industrial Average surged more than 1,000 points in a single session for the first time, in a broad stock rebound that pulled the benchmark S&P 500 index back from the brink of a bear market robinsons cufflinks.

“This is a short-covering rally,” said Michael Antonelli, managing director of institutional sales trading at Robert W. Baird in Milwaukee robinsons cufflinks. “The move you see is just everybody trying to get out of these super, super bearish positions that they have been in, that have been easy to make money in,” he said. U.S. stocks have been battered this month by fears of slowing economic growth and worries about a potential conflict between the White House and the Federal Reserve, putting the S&P on pace for its worst December since the Great Depression..