News: Panasonic Corp (PCRFY.PK)

PCRFY.PK on OTC Markets Group

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30 Jan 2015
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Sat, Jan 31 2015

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Panasonic withdraws from TV production in China: source

TOKYO - Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure.

Panasonic withdraws from TV production in China: source

TOKYO, Jan 31 - Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure.

EU mergers and takeovers (Jan 23)

BRUSSELS, Jan 23 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Chipmaker TowerJazz Q3 profit beats forecast, revenue up 70 pct

TEL AVIV, Nov 13 - Israeli chipmaker TowerJazz beat estimates for third-quarter net profit on revenue from its joint venture in Japan with Panasonic Corp as well as growing market share from its largest customers.

Panasonic CEO says considering home appliance M&A in Europe

TOKYO - Japanese electronics conglomerate Panasonic Corp is considering M&A deals to bolster its position in the European home appliance market, its chief executive said on Monday, as it shifts its focus to growth following years of restructuring.

REFILE-TABLE-Panasonic -2014/15 group forecast(SEC)

(Fixes formats) Oct 31 - Panasonic Corp CONSOLIDATED EARNINGS ESTIMATES (in billions of yen unless specified) Full Year to Full Year to Mar 31, 2015 Mar 31, 2015 LATEST PREVIOUS FORECAST FORECAST Sales 7.75 trln 7.75 trln Operating 350.00 310.00 PreTax 160.00

Panasonic raises profit outlook as restructuring shows results

TOKYO - Panasonic Corp raised its full-year operating profit outlook by 13 percent and returned to a net cash positive position for the first time in five years after a drastic restructuring chopped unprofitable product lines in smartphones, plasma TVs and semiconductor chips.

UPDATE 1-Panasonic raises profit outlook as restructuring shows results

* Raises 2014/15 op profit target to 350 bln yen from 310 bln

Panasonic raises profit outlook as restructuring kicks in

TOKYO, Oct 31 - Panasonic Corp raised its full-year operating profit outlook by 13 percent and returned to a net cash positive position for the first time in five years after a drastic restructuring chopped unprofitable product lines in smartphones, plasma TVs and semiconductor chips.

TABLE-Panasonic -2014/15 group forecast(SEC)

Oct 31 - Panasonic Corp CONSOLIDATED EARNINGS ESTIMATES (in billions of yen unless specified) Full Year to Full Year to Mar 31, 2015 Mar 31, 2015 LATEST PREVIOUS FORECAST FORECAST Operating 350.00 310.00 Sales 7.75 trln 7.75 trln PreTax 160.00 120.00

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