Regulating Internet providers more like utilities could hurt the Internet and the U.S. economy, technology and equipment makers have told the U.S.» Read More
*Net income forecast Y765 bln loss vs prior Y50 bln profit. TOKYO, Oct 31- Panasonic Corp said it will lose almost $10 billion this business year as it cleans house of poorly performing operations, writing down billions of dollars of goodwill and assets in its mobile and energy units while its new boss readies for a fresh bout of restructuring.
*Net income forecast Y765 bln loss vs prior Y50 bln profit. *To write off Y238 bln goodwill, Y356 bln restructuring.
*Net income f'cast Y765 bln loss vs prior Y50 bln profit. *Posts Y48.8 bln Q2 oper profit vs Y42 bln year ago.
*Hitachi, Komatsu up after maintaining outlook guidance. TOKYO, Oct 31- Japan's Nikkei share average advanced on Wednesday as investors took comfort that some firms, such as Hitachi Ltd and Komatsu Ltd, did not cut their full-year earnings guidance as feared.
TOKYO, Oct 31- Panasonic Corp posted a 16 percent gain in second-quarter operating profit as it moves away from loss-making TVs in favour of batteries, household appliances and other businesses outside its struggling consumer electronics mainstay.
TOKYO, Oct 31- Japan's Nikkei share average was seen moving higher on Wednesday after losing 1 percent on profit-taking a day earlier when the Bank of Japan eased monetary policy in line with expectations. ``Since the reaction to the BOJ was fully priced in yesterday, I think we should bounce back today,'' said Toshiyuki Kanayama, senior market analyst at Monex. ``The index should be steady, with some small gains, although there's a lack of incentives because the U.S. wasn't open.'' Market players said the Nikkei was likely to trade between 8,850 to 8,950 on Wednesday.
Burger King Worldwide Inc. reports quarterly financial results. Baidu Inc., the Chinese Internet company, reports quarterly financial results. Avon Products Inc. reports quarterly financial results.
TOKYO, Oct 26- Japan's Nikkei share average was knocked off a four-week high on Friday on concern that Chinese funds face heavy redemptions after a poor quarterly performance, and as disappointing earnings from Fanuc Ltd dragged.
Electronics Corp for JPY 200 billion- NIKKEI. *The innovation network corp. of Japan to invest JPY 150 billion to acquire. *Toyota Motor Corp, Nissan Motor Co, Honda Motor Co, Denso Corp, Panasonic Corp, others to invest about JPY 50 billion combined-NIKKEI.
MILAN, Oct 12- Foreign investors have bought 70 percent of a 150 million-euro exchangeable bond issued by Italian holding company Camfin to repay debt, a source close to the matter told Reuters on Friday. The five-year bond is convertible into shares of tyre maker Pirelli, which is controlled by Camfin.
*Bond exchangeable into Pirelli shares. MILAN, Oct 12- Italian holding company Camfin, which controls Pirelli, has sold a well-received 150 million euro bond exchangeable into the tyremaker's shares. Pirelli shares, up 36 percent this year, were down 0.8 percent to 8.78 euros by 1320 GMT, while Camfin shares were down 4.4 percent to 0.4690 euro.
MILAN, Oct 12- Italian holding company Camfin, which controls tyremaker Pirelli, placed the entire amount of a fixed-rate 150 million euro bond convertible into Pirelli shares, said a person familiar with the matter. "The market was very receptive," said the person. "
*Bond is convertible into Pirelli shares. MILAN, Oct 12- Italian holding company Camfin, which controls tyremaker Pirelli, said on Friday it launched a fixed-rate 150 million euro bond convertible into Pirelli shares to pay back Camfin debt.
MILAN, Oct 12- Shares in Camfin, the parent company of tyremaker Pirelli, extended gains to rise nearly 5 percent in Milan in early trade on Friday. Camfin said on Friday it launched a fixed-rate 150 million euro bond convertible into 5.85 percent of Pirelli shares.
MILAN, Oct 12- Italian holding company Cafmin, which controls tyremaker Pirelli, said on Friday it launched a fixed-rate 150 million euro bond convertible into 5.85 percent of Pirelli shares. The Pirelli shares to be converted will be supplied by Camfin and will not therefore be newly issued.
The governor of Lombardy refused to resign over a widening graft scandal on Thursday but said he would appoint a new government for Italy's wealthiest and most populous region, adding to political disarray six months from general elections.
MILAN, Oct 8- The board of loss-making Italian real estate group Prelios will meet on Thursday, a person familiar with matter said, as it seeks to secure a rescue deal after being brought low by writedowns on property investments in a weak economy.
TELECOM ITALIA, TELECOM ITALIA MEDIA. Cairo Communications could present an offer for Telecom Italia Media, La Repubblica said on Saturday. Talks between Prelios and two rival bidders for a stake in the real estate company, Italian investment firm Feidos and U.S. asset manager Fortess, resume on Monday, Il Sole 24 Ore said on Sunday.
TELECOM ITALIA, TELECOM ITALIA MEDIA. Cairo Communications could present an offer for Telecom Italia Media, La Repubblica said on Saturday.
Every Wednesday, a bar in central Tokyo hosts an unusual speed-dating event. There are drinks and plenty of coy looks. But the young people at the bar aren’t here for romance. The NYT reports.