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Stock Market & Financial Investment News

News Breaks
February 5, 2013
09:08 EDTPWER, PCPower-One enters strategic alliance with Panasonic
Power-One (PWER) and Panasonic (PC) announced that they have entered into a strategic alliance to develop, produce and market energy storage systems for the residential and non-residential markets worldwide combining Power-One inverters with Panasonic lithium-ion batteries and systems. As part of the agreement, the companies will leverage their respective research and development and sales and marketing resources for joint product and market development around the world. Initial efforts will focus on developing the residential, commercial and utility-scale, grid-connected, energy storage systems business in Europe and the U.S. as well as the non-residential segment in Japan. Additionally, the companies have committed to develop the large-scale commercial and utility photovoltaic inverter business in Japan.
News For PWER;PC From The Last 14 Days
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May 24, 2013
08:35 EDTPCWhirlpool in talks to acquire 30% stake in Sanyo, Financial Times says
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May 22, 2013
13:11 EDTPCPanasonic to cease U.S. production of solar cell wafers, Nikkei says
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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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