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Stock Market & Financial Investment News

News Breaks
March 20, 2014
13:19 EDTPCRFYPanasonic FY13 operating profit seen rising 80%, Nikkei reports
For the fiscal year ending March 31, Panasonic's group operating profit is predicted to rise 80% to $2.8B, on the heels of brisk earnings in the housing and automotive businesses, Nikkei reports. 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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