Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Teac Corp's Subsidiary to Issue New Shares to Onkyo Corp; to Cooperate with Onkyo Corp on Information Technology Business

Wednesday, 31 Oct 2012 02:10am EDT 

Teac Corp announced that it will be cooperating in information technology business, including information and communication technology and business continuity planning business, with Onkyo Corp, This is part of the business and capital alliance between the two companies disclosed on January 20, 2012. Teac System Create Corporation, a wholly owned subsidiary of Teac Corp, will issue 5,300 shares of its common stock, at the price of JPY 11,250 per share, or for JPY 59,625,000 in total, to Onkyo Corp, on November 1, 2012. After this, Teac Corp's stake in Teac System Create Corporation will lower from 100% (8,000 shares) to 60.15% (8,000) shares. 

Company Quote

-1.0 -1.56%
17 Sep 2014