Latest News for MITSY

Mitsui & Co. stock has had a strong run thanks to higher commodity prices. Mitsui's new 3-year plan anticipates 10% annual profit growth without relying on further commodity price improvement. Focus areas continue to include iron ore and copper growth, transportation, LNG, and food distribution. Enabling and using growing computing power is an added activity.

Warren Buffett retired as CEO on Dec. 31 and handed Berkshire Hathaway's proverbial keys to longtime understudy, Greg Abel. In Buffett's and Abel's respective letters to shareholders, neither listed this former No.

Investors looking for stocks in the Diversified Operations sector might want to consider either Mitsui & Co. (MITSY) or Honeywell International Inc. (HON). But which of these two stocks presents investors with the better value opportunity right now?

Mitsui and Co. (OTCMKTS:MITSY - Get Free Report) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $615.53 and traded as high as $805.50. Mitsui and Co. shares last traded at $802.13, with a volume of 11,018 shares. Mitsui and Co. Stock Performance The stock's

Mitsui & Co. (MITSY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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