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Stock Market & Financial Investment News

News Breaks
May 9, 2012
13:06 EDTPCPanasonic, Itochu to merge mobile phone sales units, Nikkei reports
Panasonic (PC) and Itochu will merge their mobile phone sales units as early as October, the Nikkei reports. The merger between Panasonic Telecom and ITC Networks will see ITC emerge as the surviving business and Itochu will potentially hold a slightly lower than 50% stake in the entity; Panasonic's interest could come to about 20%. Reference Link
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May 17, 2013
07:59 EDTPCPanasonic looks to India for smartphone sales, WSJ reports
After it pulled out of the European smartphone market last November because of weak demand, Panasonic is now looking to India's competitive smartphone market, reports the Wall Street Journal. Reference Link

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