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Panasonic Corp

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  • TOKYO, March 3- Embattled Japanese electronics maker Sharp Corp is preparing to seek aid from its two main lenders, a source with direct knowledge of the matter said, in what would be its second bailout in three years despite extensive restructuring. Fierce competition from Apple Inc, Samsung Electronics Co as well as cheaper Chinese makers has hammered Japan's...

  • The U.S. private equity firm owns 80 percent of Panasonic Healthcare and Panasonic Corp owns 20 percent. Panasonic Healthcare, KKR and Bayer all declined to comment. Bloomberg reported on Thursday that a sale to Panasonic Healthcare, which could be valued at between 1 billion and 2 billion euros, could be announced as soon as Friday.

  • TOKYO, Feb 20- German drugmaker Bayer AG is close to selling its diabetes devices business to KKR-backed Panasonic Healthcare Holdings Co Ltd and the unit could be valued at up to $2.3 billion, Bloomberg news reported. The announcement of the buyout may come as early as Friday, although the talks are ongoing and an agreement may be delayed or fall apart, Bloomberg...

  • TOKYO, Feb 18- Sony Corp aims to boost its operating profit 25- fold within three years by focusing on its more profitable image sensors, videogame and entertainment businesses, its chief executive said on Wednesday. Outlining his strategy for the loss-making Japanese consumer electronics icon to 2018, CEO Kazuo Hirai said Sony wanted to give its...

  • Traders work on the trading floor of the Hong Kong Stock Exchange, which is seen with Chinese New Year decorations.

    Asian markets enjoyed a higher open on Wednesday, with Tokyo shares at a fresh 8-year high, following a positive lead from Wall Street overnight.

  • TOKYO, Feb 18- Bolstered by investors' faith in its restructuring, Sony Corp is set to announce a new strategy highlighting the potential of its image sensors, PlayStation and entertainment businesses to help it return to growth after years of losses. Chief Executive Kazuo Hirai is due to detail his multi-year plan for Sony from around 0600 GMT on Wednesday.

  • TOKYO, Feb 18- Bolstered by investors' faith in its restructuring, Sony Corp is set to announce a new strategy highlighting the potential of its image sensors, PlayStation and entertainment businesses to help it return to growth after years of losses. Chief Executive Kazuo Hirai is due to detail his multi-year plan for Sony from around 0600 GMT on Wednesday.

  • BERLIN/ LONDON, Feb 16- Europe's airlines are racing to add Wi-Fi to their planes, eager to attract Internet-hungry customers in a cut-throat short-haul market and potentially add millions of dollars of revenue through entertainment, services and advertising. In Europe, adoption of a ground-to-air service such as that in the United States, is harder due to the...

  • Japanese electronics companies Panasonic Corp and NEC Corp have pulled out of the consumer smartphone business, unable to compete with dominant brands Apple Inc and Samsung Electronics Co Ltd. They still make flip-phones, though, competing in a crowded market with Fujitsu Ltd and Sharp Corp, among others. But with a mobile penetration rate of 98.5 percent, or...

  • Asian stocks traded mixed on Tuesday, amid tensions between Greece and its euro zone creditors, and more weak Chinese data.

  • *Nissan rises to 2- month high on earnings outlook, brokerage's target hike. TOKYO, Feb 10- Japan's Nikkei share average fell on Tuesday morning as Greece's rejection of its bailout terms fuelled concerns over the prospect of fresh turmoil in the euro zone, but Nissan Motor Co outperformed on rosy forecasts. Nissan soared 4.4 percent to a two-month high of 1,111...

  • Feb 5- Action camera maker GoPro Inc forecast a current-quarter profit that could miss Wall Street expectations and said its chief operating officer was resigning, sending its shares down nearly 18 percent after the bell. Nina Richardson, chief operating officer for the last two years, will leave the company effective Feb. 27, GoPro said in a regulatory filing.

  • Feb 5- Action camera maker GoPro Inc said its chief operating officer was resigning and forecast first-quarter profit slightly below Wall Street's expectations, sending its shares down nearly 18 percent after the bell. Nina Richardson will leave the company effective Feb. 27, GoPro said in a regulatory filing, without giving a reason for her departure.

  • Feb 5- Action camera maker GoPro Inc reported a much wider- than-expected increase in quarterly revenue, powered by strong demand for its wearable cameras used by surfers, skydivers and other action junkies. GoPro's shares shot up 9.8 percent in extended trading on Thursday. The resounding success of GoPro's action cameras has prompted several companies such...

  • Asian stock markets outside Shanghai joined the global rally on Wednesday, shrugging off a slip in crude oil prices in early trading.

  • The Australian Securities Exchange with boards displaying stock movements in downtown Sydney

    Asian stocks traded mixed on Tuesday, as a rebound in crude oil prices brought mixed blessings, while speculation that the Reserve Bank of Australia (RBA) will cut rates today continued to buoy Australian equities.

  • Nikkei falls as weak U.S. data sours sentiment Monday, 2 Feb 2015 | 9:05 PM ET

    *Oil beneficiary stocks underperform as oil prices extend gains. TOKYO, Feb 3- Japanese stocks fell on Tuesday after disappointing U.S. economic data weighted on sentiment, while airlines and rubber makers continued to drop on a rebound in oil prices. "The Japanese market would have been strong if currency investors were taking risks and the strong dollar/yen...

  • Asian stocks started the week on the back foot, as data showing China's manufacturing sector remaining in a poor state, along with a less-than-stellar growth data from the U.S., fueled fresh worries over the global economy.

  • Asia on central banks, China watch this week Sunday, 1 Feb 2015 | 11:11 PM ET
    Reserve Bank of Australia (RBA) headquarters in Sydney, Australia.

    Asia's central banks will likely hog the market spotlight this week, while earnings season continues in Japan.

  • Panasonic withdraws from TV production in China: Source Saturday, 31 Jan 2015 | 1:34 AM ET

    Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong due to strong pricing pressure, a company source said on Saturday.