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Sharp Corp

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  • Japan Inc faces stormy AGMs in governance shake-up Sunday, 14 Jun 2015 | 5:00 PM ET

    TOKYO, June 15- Japan's normally sleepy shareholder meetings are set for a shake-up this year as a new corporate governance code encourages disgruntled investors to speak out and forces companies to take demands for better returns more seriously. "The weight of any opposition vote is now heavier," said Nomura Securities analyst Kengo Nishiyama, who...

  • *Insurers drop after gaining early this week. *Takata falls after sources say 400,000 airbag inflators need to be replaced. TOKYO, June 5- Japan's Nikkei share average fell on Friday after U.S. and European shares languished, as investors stayed cautious before the release later in the day of U.S. jobs data that might give a clue to the timing of an increase in U.S....

  • Shanghai Comp, Nikkei outperform lackluster Asia Wednesday, 27 May 2015 | 7:09 AM ET
    Investors observe stock prices in Huaibei, China.

    Equity markets in Shanghai and Japan outperformed the region with marginal gains on Wednesday.

  • Customer try out an Apple iPhone 6 at an Apple store in Beijing, China, Nov. 11, 2014.

    As Apple basks in the unprecedented demand for its latest iPhones, suppliers from Tokyo to Taipei are sharing in the spoils. The FT reports.

  • Investors watch computer screens at a stock exchange hall in Fuyang, China.

    Stock markets in Shanghai were the biggest laggards on Friday, while the rest of Asia advanced on the back of an impressive U.S. lead.

  • At Sharp, decline marked by over-confidence, drift Friday, 15 May 2015 | 12:35 AM ET

    TOKYO, May 15- In private conversations early last year, executives at Japanese display maker Sharp Corp dubbed their new client "winning horse," reckoning. Within months, however, Sharp found it was sharing Xiaomi revenue as upstart rival Japan Display also struck a deal to supply the Chinese firm with its "in-cell" displays. Once among the top display suppliers to...

  • Sharp off the hook, for now Friday, 15 May 2015 | 12:07 AM ET

    A second bailout in three years will give Sharp some breathing space, but analysts warn the company may not be out of the woods just yet.

  • Nikkei rebounds after Wall Street surges; Nikon tumbles Thursday, 14 May 2015 | 10:52 PM ET

    *Nikon tumbles after earnings, brokerage rating cut. TOKYO, May 15- Japan's Nikkei share average rebounded on Friday morning after Wall Street surged on receding worries about a U.S. interest rate hike, while Nikon Corp tumbled after releasing a weak earnings forecast. Nikon fell 13.5 percent to a three-month low of 1,483 yen after it forecast a 30.9 percent fall...

  • TOKYO, May 14- Japan's Sharp Corp said it had secured a $1.9 billion bailout, its second major bank-led rescue in three years, after falling deep into the red as its smartphone display business was battered by competition from Asian rivals. Chief Executive Kozo Takahashi said he was not considering spinning off the company's troubled display business and would...

  • Asian equities mixed on stronger currencies, earnings Thursday, 14 May 2015 | 3:41 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian equities traded mixed on Thursday, with Sydney and Tokyo coming under pressure as their local currencies strengthened against the greenback.

  • *To also get 25 billion yen from turnaround fund. TOKYO, May 14- Japan's Sharp Corp said it had secured a $1.9 billion bailout, its second major bank-led rescue in three years, after falling deep into the red as its smartphone display business was battered by competition from Asian rivals. Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ will inject a combined 200...

  • Sharp secures a $1.7 billion bank bailout Thursday, 14 May 2015 | 2:56 AM ET

    Japan's loss-making Sharp said it had secured a $1.7 billion bailout from banks, its second major rescue in three years.

  • TOKYO, May 14- Japan's loss-making Sharp Corp said it had secured a $1.7 billion bailout from banks, its second major rescue in three years, after its smartphone display business came under intense pricing pressure from Asian rivals. Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ will inject a combined 200 billion yen in a debt-for-equity swap, Sharp said in a...

  • TOKYO, May 13- Japan's Nikkei share average was little changed on Wednesday as volatility in global bond markets capped risk appetite, while investors focuses on companies which released earnings. "The Nikkei may remain pressured by uncertainty in the global market for a while, but the downside should be limited because of hopes that the BOJ will counter the...

  • Asian stocks mostly advanced on Monday as China rolled out its third interest rate cut since November.

  • TOKYO, May 11- Japan's Sharp Corp said it may reduce its capital and issue preferred shares as part of a planned restructuring, but worries about potential dilution from the new issuance and other possible fund raising sent its shares plunging 26 percent. The prospect of dividends in the not-too-distant future is seen as key to getting its banks and other...

  • TOKYO, May 11- Japanese stocks jumped on Monday to a near two-week high in heavy trade after China cut interest rates over the weekend while Wall Street gained on strong U.S. jobs data, helping offset a plunge in shares of Sharp Corp and Toshiba Corp. The Nikkei 225 ended 1.3 percent higher to 19,620.91, the highest closing price since April 28.

  • Is it the end of the road for Sharp? Monday, 11 May 2015 | 12:17 AM ET

    Plans by electronics conglomerate Sharp to shrink its capital base will buy the company time, but its long-term survival remains in doubt.

  • TOKYO, May 11- Japan's Sharp Corp said it was considering a capital reduction and preferred share issuance, wiping nearly a third off its market value at one stage on Monday as investors reeled from the severity of its distress after years of losses. A person familiar with the matter said the electronics manufacturer is planning to slash its capital from more...

  • *Toshiba tumbles after canceling dividend, withdrawing outlook. TOKYO, May 11- Japanese stocks jumped on Monday morning after China cut interest rates over the weekend while Wall Street gained on strong U.S. jobs data, helping offset a plunge in shares of Sharp Corp and Toshiba Corp. Sharp tumbled 31 percent to 178 yen, the lowest since December 2012 after the...