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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 15, 2014
10:00 EDTSHCAYOn The Fly: Analyst Downgrade Summary
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05:28 EDTSHCAYSharp downgraded to Underperform from Hold at Jefferies
Jefferies downgraded Sharp to Underperform citing the risks of another potential share issuance. The firm lowered its price target for shares to $2.30 from $3.10.
April 14, 2014
07:07 EDTSHCAYSharp mulls another share offering, could raise $1.97B, Reuters says
Sharp is contemplating another issue of new shares that could raise nearly $1.97B to replenish its depleted capital base, according to Reuters, citing a report from Japan's Asahi newspaper. Reference Link

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