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Japanese police fanned out across Tokyo on the busiest shareholders' meeting day of the year as diehard corporate gangsters are roaming for their annual prey<br><br>About 1,000 police fanned out across Tokyo on Thursday in a dragnet aimed at nabbing gangsters notorious for extorting companies on Japan's busiest shareholder meeting day of the year.<br><br>The annual cat-and-mouse hunt targets hoods who threaten to disrupt investor gatherings unless the company hosting the event pays them off, a longstanding racket known as sokaiya in Japanese.<br><br>Television footage Thursday showed cops in dark business suits and carrying leather briefcases making their way to meetings across Japan's sprawling capital.<br><br>Should you liked this information along with you would want to obtain more info regarding bubble shooter pet generously check out our internet site. "I want you to take swift and appropriate action, including on-the-spot arrests, if you see sokaiya or other crimes," Hiroshi Okano, an official at the Tokyo Metropolitan Police Department's organised crime bureau, told the officers.<br><br>"Please be on high alert," he added.<br><br>Some 340 companies were reportedly holding their annual shareholder meetings in Tokyo Thursday, with around 1,200 meetings held through the month of June.<br><br>The disruptions at meetings -- such as shouting down executives, revealing real or imagined company secrets, and making threats -- has declined over the decades as tougher criminal penalties were adopted to crack down on the problem.<br><br>But some 230 groups and individuals were still involved in the practice as recently as this year, while hundreds more show up at companies' headquarters to demand money, according to national police data.<br><br>The illegal practice, which peaked before Japan's bubble economy crashed in the early nineties, was once so widespread that some firms assigned employees to funnel cash to Yakuza crime syndicates.<br><br>That led many firms to start holding their shareholder meetings on the same day to reduce the chance of being targeted.
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NEW YORK (AP) - The latest on developments in financial markets (All times local):<br><br>4 p.m.<br><br>Technology stocks led U.S. indexes broadly lower on Wall Street, outweighing gains for energy producers and other companies.<br><br>Facebook and chipmaker Nvidia each lost 4.5 percent Monday.<br><br>Retailers were also lower. Amazon lost 1.6 percent.<br><br>Energy companies rose along with the price of crude oil. Marathon Oil gained 3.1 percent.<br><br>The Standard & Poor's 500 fell 5 points, or 0.2 percent, to 2,496.<br><br>The Dow Jones industrial average lost 53 points, or 0.2 percent, to 22,295. The Nasdaq composite declined 56 points, or 0.9 percent, to 6,370.<br><br>Small-company stocks held up better than the rest of the market.  If you are you looking for more information regarding bubble shooter pet take a look at our web-site. The Russell 2000 index edged up 1 point to 1,451, another record high.<br><br>Bond prices rose. The yield on the 10-year Treasury note fell to 2.22 percent.<br><br>___<br><br>11:45 a.m.<br><br>Technology companies are leading stocks lower in midday trading on Wall Street, outweighing gains for energy produces.<br><br>Facebook lost 3.8 percent Monday, and chipmaker Nvidia fell 3.7 percent.<br><br>Materials companies and retailers were also lower. International Paper fell 0.7 percent and Amazon lost 1.5 percent.<br><br>Energy companies rose along with the price of crude oil. Marathon Oil gained 2.6 percent.<br><br>The Standard & Poor's 500 fell 10 points, or 0.4 percent, to 2,491.<br><br>The Dow Jones industrial average fell 82 points, or 0.4 percent, to 22,266. The Nasdaq composite fell 66 points, or 1 percent, to 6,360.<br><br>Bond prices rose. The yield on the 10-year Treasury note fell to 2.22 percent.<br><br>___<br><br>9:35 a.m.<br><br>Stocks are opening modestly lower on Wall Street, led by declines in technology companies.<br><br>Apple fell 1.3 percent in early trading Monday following a report that it was telling parts suppliers to slow down delivery of iPhone X components.<br><br>Materials companies and retailers were also lower. International Paper fell 1.1 percent and Amazon lost 1.5 percent.<br><br>The Standard & Poor's 500 fell 3 points, or 0.1 percent, to 2,499.<br><br>The Dow Jones industrial average fell 10 points, less than 0.1 percent, to 22,341. The Nasdaq lost 36 points, or 0.6 percent, to 6,391.

Revision as of 22:56, 4 December 2017

NEW YORK (AP) - The latest on developments in financial markets (All times local):

4 p.m.

Technology stocks led U.S. indexes broadly lower on Wall Street, outweighing gains for energy producers and other companies.

Facebook and chipmaker Nvidia each lost 4.5 percent Monday.

Retailers were also lower. Amazon lost 1.6 percent.

Energy companies rose along with the price of crude oil. Marathon Oil gained 3.1 percent.

The Standard & Poor's 500 fell 5 points, or 0.2 percent, to 2,496.

The Dow Jones industrial average lost 53 points, or 0.2 percent, to 22,295. The Nasdaq composite declined 56 points, or 0.9 percent, to 6,370.

Small-company stocks held up better than the rest of the market. If you are you looking for more information regarding bubble shooter pet take a look at our web-site. The Russell 2000 index edged up 1 point to 1,451, another record high.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.22 percent.

___

11:45 a.m.

Technology companies are leading stocks lower in midday trading on Wall Street, outweighing gains for energy produces.

Facebook lost 3.8 percent Monday, and chipmaker Nvidia fell 3.7 percent.

Materials companies and retailers were also lower. International Paper fell 0.7 percent and Amazon lost 1.5 percent.

Energy companies rose along with the price of crude oil. Marathon Oil gained 2.6 percent.

The Standard & Poor's 500 fell 10 points, or 0.4 percent, to 2,491.

The Dow Jones industrial average fell 82 points, or 0.4 percent, to 22,266. The Nasdaq composite fell 66 points, or 1 percent, to 6,360.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.22 percent.

___

9:35 a.m.

Stocks are opening modestly lower on Wall Street, led by declines in technology companies.

Apple fell 1.3 percent in early trading Monday following a report that it was telling parts suppliers to slow down delivery of iPhone X components.

Materials companies and retailers were also lower. International Paper fell 1.1 percent and Amazon lost 1.5 percent.

The Standard & Poor's 500 fell 3 points, or 0.1 percent, to 2,499.

The Dow Jones industrial average fell 10 points, less than 0.1 percent, to 22,341. The Nasdaq lost 36 points, or 0.6 percent, to 6,391.