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Stock Market & Financial Investment News

News Breaks
February 15, 2013
07:43 EDTSHCAY, PCSharp, Panasonic see air purifier sales grow in China, Bloomberg reports
Sharp Corp. (SHCAY) and Panasonic (PC) are increasing sales of air purifiers in China as pollution worsens there, reports Bloomberg. Sharpís sales, built mainly in Shanghai, tripled last month from a year earlier. Panasonicís production of air purifiers for the Chinese market in January were 50% above average monthly levels.Reference Link
News For SHCAY;PC From The Last 14 Days
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April 16, 2015
06:23 EDTSHCAYSharp, lenders close to $1.7B rescue, restructuring plan, Reuters reports
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April 6, 2015
06:42 EDTSHCAYHon Hai considering Y100B investment in Sharp, Want China Times reports
Hon Hai is considering a Y100B investment in Sharp, Want China Times reported on Friday, citing the Sankei Shimbun. According to the report, Hon Hai could end up with a stake of about 20% in Sharp if a deal is made and would look to support Sharp as it undergoes a global restructuring. Reference Link
April 5, 2015
11:58 EDTSHCAYSharp looks to spin off part of panel-making unit, WSJ says
Japan's Sharp is looking to spin off part of its panel-making unit and may ask for a government supported investment fund to help as competition in the small-and medium-sized panel market intensifies, says the Wall Street Journal. Reference Link

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