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Sony Corp To Assess Spin-off Proposal For Entertainment Business-Reuters

Tuesday, 21 May 2013 03:57pm EDT

Reuters reported that Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business.

Panasonic Corp To Cut 90% Of Sanyo's Global Workforce-Reuters

Saturday, 18 May 2013 03:20pm EDT

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.

TCL Corp Announces Corrective Actions

Wednesday, 15 May 2013 08:00pm EDT

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

Tuesday, 14 May 2013 03:47pm EDT

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.

Thakral Corp Ltd Does Not Declare Dividend

Tuesday, 14 May 2013 07:30am EDT

Thakral Corp Ltd announced that subsequent to March 31, 2013 the directors do not recommend any payment of dividend.

Sharp Corp Announces Appointment of President

Tuesday, 14 May 2013 02:00am EDT

Sharp Corp announced that it has appointed Kozo Takahashi as President and Representative Director, to replace Takashi Okuda, effective June 25, 2013.

UT Holdings Co Ltd to Acquire Shares of Panasonic Battery Engineering Co., Ltd from Panasonic Corp

Friday, 10 May 2013 04:00am EDT

UT Holdings Co Ltd announced that it has decided to acquire 324 shares (81% stake) of Panasonic Battery Engineering Co., Ltd, from Panasonic Corp, for JPY 81 million on July 1, 2013. UT Holdings will also acquire the remaining 76 shares (19% stake) of Panasonic Battery Engineering Co., Ltd, from Panasonic Corp, for JPY 19 million on July 1, 2014. After that, UT Holdings will hold a 100% stake in Panasonic Battery Engineering.

PIXELA CORP Lowers Consolidated Full-year Forecast for FY 2013

Friday, 10 May 2013 03:30am EDT

PIXELA CORP announced that it has lowered the consolidated full-year forecast for revenue from JPY 6,878 million to JPY 4,884 million, operating profit from JPY 405 million to JPY 40 million, ordinary profit (loss) from JPY 361 million to JPY (47 million), net profit (loss) from JPY 328 million to JPY (59 million) and earning (loss) per share from JPY 30.04 to JPY (5.44) for the fiscal year ending September 30, 2013. The Company lowered the consolidated full-year outlook due to the aggravated order environment.

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Market News

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Analyst Research

Report Title Price
Directed Electronics - IPO Initial Opinion
Provider: Renaissance Capital
$92.00
Buy
Directed Electronics - IPO Update
Provider: Renaissance Capital
$92.00
Buy
Directed Electronics - IPO Update
Provider: Renaissance Capital
$92.00
Buy
Directed Electronics - IPO Update
Provider: Renaissance Capital
$92.00
Buy
Directed Electronics - IPO Update
Provider: Renaissance Capital
$92.00
Buy

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