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Stock Market & Financial Investment News

News Breaks
December 27, 2012
06:16 EDTSHCAYSharp's sale of Nanjing plant to Hon Hai put on hold, Reuters reports
Sharp Corp.'s (SHCAY) plan to sell its Nanjing plant in China to Taiwan's Hon Hai Precision Industry Co. has been put on hold and may not happen, sources say, reports Reuters. Reference Link
News For SHCAY 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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