- Japan is seen as an extremely conservative country.
- Corporate executives are slow to invest.
- Cultural norms can be hard to change.
Buying Samsung's printer unit will help HP take on the copier market's leaders. It's not the only move HP is making to expand its addressable market.
HP's purchase will include taking on about 6,000 employees, and the deal is set to close in about 12 months.
Macau's Galaxy Entertainment rises as mass-market gamblers from the Chinese mainland drive forecast-busting profit, while ChinaMengniu milks a 12% gain from a mixed set of first-half numbers.