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Stock Market & Financial Investment News

News Breaks
January 17, 2014
05:53 EDTPCRFYPanasonic to sell three chip assembly plants, decide on two others, Reuters says
Panasonic plans to sell three chip-assembly plants in Southeast Asia to Singapore's United Test and Assembly Center, sources say, reports Reuters. Panasonic is looking to conclude a deal by early February, and is considering its options for two other chip assembly plants in Shanghai and Suzhou, China, the sources added.Reference Link
News For PCRFY From The Last 14 Days
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November 20, 2014
07:47 EDTPCRFYSupply chains see FY15 TV shipments up 10%, DigiTimes says
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November 10, 2014
06:30 EDTPCRFYGlobal LED lighting market ste to rach $25.7B in 2014, DigiTimes says
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06:22 EDTPCRFYPansonic considering M&A in Europe's home appliance market, Reuters reports
Panasonic CEO Kazuhiro Tsuga says the company is considering M&A deals in Europe's home appliance market, Reuters reports. The company is currently a minority shareholder in Slovenian appliance maker Gorenje, and Tsuga says Panasonic could "deepen" this alliance or pursue other deals. Tsuga says the company is not planning to buy big companies worth $10B or more, but says companies worth hundreds of millions of dollars would be "reasonable" targets. Reference Link

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