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Hiroyuka Maruyama, Global markets CEO at Oppenheimer Lloyd in Tokyo noted Wednesday that BP has ruled out a share issue and talk persisted of sovereign wealth fund interest in the British oil major, boosting its shares on Tuesday even as its Gulf of Mexico oil slick spread to the Texas coast.
Hiroyuka Maruyama, Global markets CEO at Oppenheimer Lloyd in Tokyo stated Tuesday, Stocks made a late attempt to snap their recent string of losses in the face of some dour employment data, but a late slide proved that sellers are still in control.
Speaking from the their corporate headquarters in Tokyo, Oppenheimer Lloyds Global Markets CEO, Hiroyuka Maruyama said, "Asian and European manufacturing output growth cooled further in June, with China hitting its slowest pace in more than a year, further evidence that the global economic recovery is moderating."
Oppenheimer Lloyds Global Markets CEO, Hiroyuka Maruyama noted Thursday stocks are set to lose ground for the second straight day after receiving another sobering message about weakness in the jobs market.