Panasonic reports $558 million quarterly loss as cost cuts offset by sales slump, lower pricesAugust 3rd, 2009 Panasonic reports $558 million quarterly lossTOKYO — Panasonic is reporting a 52.98 billion yen ($558 million) loss for the fiscal first quarter as lower sales, falling gadget prices and retirement expenses offset cost cuts. Osaka-based Panasonic Corp.
Sony reports 37.1 billion yen loss first quarter, keeps forecast for more red inkJuly 30th, 2009 Sony reports quarterly loss, expects more red inkTOKYO — Sony Corp., maker of the hit PlayStation game console, reported a smaller-than-expected quarterly loss but maintained its forecast for more red ink as it takes a beating from the strong yen and slumping global electronics sales. The Japanese electronics and entertainment company said Thursday its net loss for the fiscal first quarter was 37.1 billion yen ($390.5 million) compared with a 35 billion yen ($368.4 million) profit in the April-June period a year earlier.
Panasonic reports loss on slump, price falls, retirement expenses that offset cost cutsAugust 3rd, 2009 Panasonic reports loss on slump, price fallsTOKYO — Panasonic Corp. posted a 52.98 billion yen ($558 million) loss as sliding sales, falling gadget prices and restructuring costs kept the Japanese electronics maker in the red for a third straight quarter.
Samsung announces earnings estimate for first time in bid to damp speculationJuly 6th, 2009 Samsung announces earnings estimateSEOUL, South Korea — Samsung Electronics Co., the world's biggest manufacturer of memory chips, announced quarterly earnings estimates for the first time Monday, saying it hopes to reduce market confusion and speculation about its performance. The Suwon, South Korea-based corporation said it expects consolidated sales of between 31 trillion won ($24.46 billion) and 33 trillion won for the three months through June.
Samsung 1Q Profit melts down under weak demand of memory chipApril 24th, 2009 Samsung says first-quarter profit plummets
SEOUL, South Korea — Samsung Electronics said Friday that net profit plummeted 72 percent in the first quarter amid weak demand for memory chips in the global economic slump. Samsung earned 619.20 billion won ($463.53 million) in the three months ended March 31, the company said in a regulatory filing.
Sony may suffer first operating loss in 14 yearsJanuary 12th, 2009 TOKYO - Japanese electronics giant Sony is expected to suffer an operating loss of about 100 billion yen ($1.12 billion) in the fiscal year ending March 31, 2009, its first loss since 1995, media reports said Tuesday. The projected loss, apparently because of a strong yen and sluggish sales of flat-screen televisions and other products, marks a major turnaround from a projection last October of an operating profit of 200 billion yen, Kyodo News reported citing sources.
Sony reports $391 million quarterly loss, keeps forecast for more red inkJuly 30th, 2009 Sony quarterly loss $391 mln, expects more red inkTOKYO — Sony Corp. stuck to a forecast for big full year losses, citing falling gadget prices and a shaky global recovery, even as it posted less-dismal-than-expected results for the fiscal first quarter.
Toyota reports $819 million quarterly loss on plunging sales, strong yenAugust 4th, 2009 Toyota reports $819 million quarterly lossTOKYO — Booming sales of the Prius hybrid helped the world's No. 1 automaker Toyota deliver a smaller-than-expected 77.82 billion yen ($819 million) quarterly loss and narrow its forecast of red ink for the full year.
Tokyo stocks lose 4 percent on Sony's expected operating lossJanuary 12th, 2009 TOKYO - Stocks lost more than 4 percent in Tokyo Tuesday as market sentiment was dampened by media reports on speculation that Sony Corp would incur an operating loss for the fiscal year. The Nikkei 225 Stock Average tumbled 380.32 points, or 4.3 percent, to end the morning session at 8,456.48.
Toshiba books $614 million loss in first quarter, 5 times worse than year earlier periodJuly 29th, 2009 Toshiba quarterly loss swells to $614 millionTOKYO — Toshiba's red ink swelled to 57.8 billion yen ($614 million) in the April-June quarter, hit by losses on asset sales and weakness at its consumer electronics and chipmaking businesses. The loss for the fiscal first quarter was five times bigger than a year earlier when the Japanese conglomerate, which makes everything from nuclear power plants to household electronics, recorded a 11.6 billion yen loss.
Take-Two cuts quarterly profit and revenue outlook on BioShock 2 delay, weak retail salesJuly 14th, 2009 Take-Two cuts outlook on BioShock 2 delaySAN FRANCISCO — Shares of Take-Two Interactive Software Inc. plunged 13 percent in after-hours trading after the video game maker cut its financial outlook, citing lackluster orders from retailers and the delay of a popular new title.
Yingli Green Energy reports 2nd-qtr loss on one-time charges, adjusted earnings beat streetAugust 19th, 2009 Yingli Green Energy posts 2Q loss on chargesNEW YORK — Solar cell maker Yingli Green Energy Holding Co. on Wednesday posted a second-quarter loss driven by one-time charges, sending shares tumbling in premarket trading.
Sony still struggling to regain electronics glamour after first annual loss in 14 yearsJuly 28th, 2009 Sony still struggling after first loss in 14 yearsTOKYO — Japanese electronics and entertainment company Sony Corp. reports its fiscal first quarter earnings on Thursday.
LDK shares tumble on 2nd-qtr loss, analyst warns of more write-downs, stressed balance sheetAugust 13th, 2009 LDK shares fall on 2Q loss, analyst rates "Sell"NEW YORK — Shares of solar cell wafer maker LDK Solar Co. Ltd. tumbled on Thursday, the morning after the company posted a second-quarter loss as it wrote down the plummeting value of its inventory.
LG LCD TV Vs Samsung LCD TV : A Comparative StudySeptember 8th, 2009 Gone are the days of the old CRT monitors. The LCD TVs are now ruling the roost.
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