News: Panasonic Corp (6752.T)

6752.T on Tokyo Stock Exchange

1,282JPY
9:24pm EDT
Price Change (% chg)

¥24 (+1.95%)
Prev Close
¥1,258
Open
¥1,288
Day's High
¥1,296
Day's Low
¥1,270
Volume
8,871,900
Avg. Vol
8,844,484
52-wk High
¥1,408
52-wk Low
¥836

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Nikkei drops on concern about U.S. rates; Sony, Panasonic shine

* Strong Japanese earnings limit declines * Correction likely be short-term - fund manager By Ayai Tomisawa TOKYO, Aug 1 - Japan's Nikkei share average dropped on Friday morning after U.S. shares languished on concerns that interest rates could rise sooner than expected, but strong earnings from Sony Corp and Panasonic Corp limited the losses. The Nikkei dropped 0.3 percent to 15,581.03 in mid-morning trade. For the week, the index looked set to gain 0.5 percent.

Tesla CEO says company to bear up to half cost of battery factory

DETROIT - Electric carmaker Tesla Motors Chief Executive Officer Elon Musk said on Thursday that he expects his company to bear between 40 percent and 50 percent of the cost of a lithium-ion battery plant, the Tesla Gigafactory.

RPT-UPDATE 2-Panasonic says to invest in $5 bln Tesla battery plant, coy on details

TOKYO, July 31 - Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size and timing of its investment.

Panasonic confirms will invest in $5 billion Tesla battery plant

TOKYO - Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size of its investment.

UPDATE 2-Panasonic says to invest in $5 bln Tesla battery plant, coy on details

TOKYO, July 31 - Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size and timing of its investment.

CORRECTED-Panasonic Q1 operating profit up 28 pct, above forecasts

TOKYO, July 31 - Panasonic Corp posted an 28 percent rise in operating profit for the first quarter, beating analyst expectations, on growing demand for its automotive parts and household fittings.

Nokia buys part of Panasonic's network business

HELSINKI - Nokia said on Thursday it agreed to buy part of Panasonic's telecoms network business to boost its operations in Japan, already a key market for the Finnish company.

UPDATE 1-Nokia buys part of Panasonic's network business

HELSINKI, July 31 - Nokia said on Thursday it agreed to buy part of Panasonic's telecoms network business to boost its operations in Japan, already a key market for the Finnish company.

BRIEF-Panasonic to invest in Tesla Gigafactory in stages - CFO

* Will invest in Tesla Motors Inc's Gigafactory in stages, watching auto demand - CFO Hideaki Kawai

Nokia to buy part of Panasonic's network business

HELSINKI, July 31 - Finland's Nokia said on Thursday it had agreed to buy part of Panasonic's network business to boost its operations in Japan.

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