Consumer Electronics
Panasonic Corp To Cut 90% Of Sanyo's Global Workforce-Reuters
Reuters reported that Panasonic Corp will cut 90% of Sanyo's global workforce of about 2,500 in around three years, Nikkei reported. About 1,000 workers at Sanyo's headquarters will be reduced to around 100 this fiscal year.
Shenzhen Sea Star Technology Co Ltd to Establish Hong Kong-based Subsidiary
Shenzhen Sea Star Technology Co Ltd announced that it will invest HKD 500,000 to establish a Hong Kong-based wholly owned subsidiary KAI YANG BUSINESS (HONGKONG) COMPANY LIMITED, which will be engaged in the purchase, sale, export and import of electronic products, communication products, electrical appliances, lighting fixtures and related parts.
TCL Corp Announces Corrective Actions
TCL Corp announced that it has taken corrective actions according to the problems identified during the inspection by Guangdong Securities Bureau. The problems cover areas including internal management, financial accounting and information disclosure.
R&I Downgrades Rating on Sharp Corp to “B+”; Retains on Rating Monitor with Rating Outlook Negative- Jiji Press
Jiji Press reported that Rating and Investment Information, Inc. (R&I) announced that it has downgraded the rating on Sharp Corp from “BB” to “B+” and retained the Company on rating monitor. The rating outlook is negative.
Markets
- Sectors
- U.S.
- Europe
- Asia
Sector Summary
| Energy |  -0.01% |
| Basic Materials |  +0.64% |
| Industrials | +0.04% |
| Cyclical Goods & Services | -0.13% |
| Non-Cyclical Goods & Services | -0.41% |
| Financials | -0.60% |
| Healthcare | -0.20% |
| Technology | -0.05% |
| Telecoms | -0.54% |
| Utilities | -0.13% |
| DOW | 15,335.28 | -19.12 |
-0.12% |
| S&P 500 | 1,666.29 | -1.18 |
-0.07% |
| NASDAQ | 3,496.43 | -2.53 |
-0.07% |
| TR US Index | 151.23 | -0.07 |
-0.05% |
Analyst Research
| Report Title | Price |
|---|---|
|
Provider: Renaissance Capital
|
$92.00
|
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Provider: Renaissance Capital
|
$92.00
|
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Provider: Renaissance Capital
|
$92.00
|
|
Provider: Renaissance Capital
|
$92.00
|
|
Provider: Renaissance Capital
|
$92.00
|
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