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Stock Market & Financial Investment News

News Breaks
November 1, 2012
07:45 EDTSHCAYSharp reports six month loss per share 352.25 vs. loss 36.19 a year ago
Reports six month sales 1.1T yen vs. 1.3T yen a year ago.
News For SHCAY From The Last 14 Days
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May 15, 2013
15:08 EDTSHCAYSharp upgraded to Overweight from Neutral at JPMorgan
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07:11 EDTSHCAYJapan's electronic manufacturers under siege, WSJ reports
After a miserable past few years, Japan's once-powerful electronics manufacturers (SNE, SHCAY), already reeling from unprecedented losses stemming from its lost standing in the technology world, are grappling with outside investors and fed-up creditors looking to break the cozy and insular bonds that were once a hallmark of the country's corporate sector, reports the Wall Street Journal.Reference Link
06:08 EDTSHCAYOn the Fly: Periodicals Wrap-Up
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May 14, 2013
07:54 EDTSHCAYSharp signs partnership agreement with Makita
Sharp announced it has signed a basic agreement to form a partnership with Makita. The two companies will seek to expand their business scope by expanding the product lineup of Makita through incorporation of Sharp’s technology, and by mutually utilizing each company’s value chain including product planning, production and sales in the global market.
07:51 EDTSHCAYSharp sees FY14 revenue Y2.7T, EPS Y4.29
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07:50 EDTSHCAYSharp to seek increased sales to Samsung, Reuters reports
Sharp Corp. (SHCAY), a supplier to Apple (AAPL), will look to increase sales to rival Samsung Electronics (SSNLF) under a three-year rehabilitation roadmap to secure its survival, reports Reuters. The business plan is expected to be released today, and will lean further on banks that last year saved it from failure, as a $2B convertible bond will fall due in September, sources say. Reference Link
07:49 EDTSHCAYSharp to replace of Chairman, President
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07:43 EDTSHCAYSharp reports FY13 EPS (Y489.83) vs. (Y341.78)
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May 12, 2013
18:44 EDTSHCAYSharp to scale back European operations, Nikkei says
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May 8, 2013
10:55 EDTSHCAYSharp to reportedly start iPhone 5S LCD production in June, Apple Insider says
Sharp (SHCAY) is supposedly readying one of its Japanese plants to begin manufacturing LCDs for Apple's (AAPL) "iPhone 5S" in June, said Apple Insider, citing Japan's Nikkan Kogyo Shimbun. Reference Link
May 6, 2013
06:23 EDTSHCAYSharp may have chairman retire, scrap advisory posts, Reuters reports
As part of an effort to speed up a business revival, Sharp may look to have Chairman Mikio Katayama retire and may scrap advisory posts, Reuters reports, citing a report from the Kyodo news agency. The company will reveal a medium-term business management plan on May 14. Reference Link

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