Thursday, 1 November 2012

Sony, Sharp in turnaround battle; Panasonic battered


A man stands behind Sony Corp's logo at an electronics store in Tokyo TOKYO (Reuters) - Struggling Japanese TV maker Sharp Corp warned it might not be able to survive on its own, as it almost doubled its full-year net loss forecast to $5.6 billion, and said it was considering alliances with other companies. "Our corporate group has booked massive second-quarter net and operating losses ... and now see a serious negative operating cash flow. This raises serious doubts about (our ability) to continue as a going concern," it said in a statement on Thursday. ...








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Lake forest health and fitness http://healthandfitness1blog.blogspot.com/2012/11/sony-sharp-in-turnaround-battle.html

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