Tokyo Informer

Sharp Jumps on Credit Line, IPhone Supply Reports: Tokyo Mover Sharp Corp. (6753), the unprofitable maker of Aquos televisions, surged to a 10-month high in Tokyo trading after media reports it will get an increased credit line from lenders and supply Apple Inc. (AAPL)'s new iPhone. The stock surged as much as 11 … Full [...]

Read the full story

Olympus Drops After Net Forecast Cut on Camera Loss: Tokyo Mover Olympus Corp., a Japanese digital camera and endoscope maker, slumped the most in more than three months in Tokyo trading after cutting its outlook for profit on an impairment loss at its imaging division. The medical and precision equipment maker fell … Full News [...]

Read the full story

Canon Falls After Cutting Forecast on Camera Demand: Tokyo Mover Canon Inc. (7751), the world's largest camera maker, fell the most in two weeks in Tokyo trading after cutting its annual profit forecast on slowing demand as consumers switch to taking pictures with smartphones. The stock dropped as much as 2.5 … Full News here [...]

Read the full story

Sharp Drops Amid Speculation Display Sales Slumping: Tokyo Mover (6753), a Japanese television maker cutting jobs and output to stanch losses, fell for a second day in Tokyo trading amid speculation slumping sales of displays will cause bigger-than-expected losses. Sharp dropped 3.2 percent to 182 yen as of the … Full News here – Read [...]

Read the full story

Sharp Rises After Report of Tie-Up Talks With Intel: Tokyo Mover (6753), the Japanese electronics maker renegotiating a stake sale to Foxconn Technology Group, rose in Tokyo trading after the Mainichi newspaper said it was in talks with Intel Corp. (INTC) for a possible capital tie-up. The shares jumped as much as 8 … Full [...]

Read the full story

Renesas Surges on Report of .3 Billion KKR Stake: Tokyo Mover NEC, which holds a stake of about 35 percent in Renesas, rose 5.6 percent to 113 yen in Tokyo trading. Japan's chipmakers have struggled as South Korea's Samsung Electronics Co. (005930) extended its dominance. Boise, Idaho-based Micron Technology … Full News here – Read [...]

Read the full story

Sony Advances After Offering to Buy So-net: Tokyo Mover (6758), Japan's largest consumer-electronics company, rose the most in two weeks in Tokyo trading after saying it would buy out So-net Entertainment Corp. (3789) to boost its online entertainment business. Sony climbed 2.7 percent to 947 yen, the … Full News here – Read more on [...]

Read the full story

Komatsu Ltd. (6301), the world’s second- biggest maker of construction equipment, fell after a Nikkei newspaper report said the company’s first-quarter operating profit declined for the first time in 10 quarters. The stock fell as much as 3 … Full News here – Tokyo – Bing News

Read the full story

Panasonic Corp. (6752), maker of the Viera range of televisions, rose the most in more than a year in Tokyo trading after reporting first-quarter net income that beat analyst estimates. The shares rose as much as 7.9 percent to 589 yen, the … Full News here – Tokyo – Bing News

Read the full story

Capcom Co. (9697), a Japanese video-game maker, rose the most in eight weeks in Tokyo trading after reporting first-quarter profit that beat analyst estimates. The maker of the Monster Hunter Card Muster social-network game jumped 6.3 percent … Full News here – Tokyo – Bing News

Read the full story

Fujitsu Ltd. (6702), Japan’s biggest provider of computer services, fell to the lowest level in almost 34 years in Tokyo trading after posting a wider-than- estimated first-quarter loss. Fujitsu dropped 12 percent to 297 yen, the lowest level … Full News here – Tokyo – Bing News

Read the full story

Gree Inc. (3632) led a drop among Japanese operators of social-networking sites in Tokyo trading after Facebook Inc. (FB) (FB)’s profit margins narrowed. Gree, Japan’s second-largest social-network gaming site operator, fell as much as 9.6 … Full News here – Tokyo – Bing News

Read the full story

Sharp Corp. (6753), Japan’s biggest maker of liquid-crystal displays, fell to its lowest since 1975 after the Nikkei newspaper reported the company will probably post a quarterly loss and plans to cut jobs. The shares dropped as much as 5.4 … Full News here – Tokyo – Bing News

Read the full story

Sharp Shares Fall as Citigroup Cuts Price Estimate: Tokyo Mover Sharp Corp. fell to the lowest level in 34 years in Tokyo trading as Citigroup Inc. cut its share- price estimate for the Japanese electronics maker, saying the company may face continued losses. Full News here – Read more on Bloomberg

Read the full story