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Stock Market & Financial Investment News

News Breaks
June 20, 2014
18:24 EDTPCRFYPanasonic to sell first TV plant to Daiwa House Industry, Nikkei reports
By next spring, Panasonic intends to sell its first TV plant to Daiwa House Industry for approximately $97M, Nikkei reports. Reference Link
News For PCRFY From The Last 14 Days
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August 27, 2015
06:04 EDTPCRFYPanasonic to cut 1,300 jobs, stop making batteries in Beijing, Reuters reports
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August 20, 2015
06:02 EDTPCRFYTop electric car makers largely choosing SDI, Panasonic for batteries, WSJ says
Large auto makers in the U.S., Europe and Asia are favoring Samsung's (SSNLF) SDI unit, Panasonic (PCRFY) and LG to supply advanced batteries for their electric cars following several years of failed technology bets among suppliers, The Wall Street Journal reports. According to Lux Research battery expert Cosmin Laslau, five years from now, "We are looking at Panasonic, LG and Samsung SDI making up about 80% of the market." Reference Link

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