May 17th, 2009 - Bloomberg
May 18 (Bloomberg) -- Japanese stocks slumped as Europe’seconomy contracted the most in at least 13 years and PanasonicCorp. forecast a second year of losses.
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Marks & Spencer Slashes Dividend as Net Slides
May 19th, 2009 - Wall Street Journal
LONDON -- Marks & Spencer Group PLC Tuesday cut its dividend by a third to preserve its balance sheet after issuing a cautious outlook and reporting a slump in fiscal full-year profit.
Oil Pares Gains as Stock Market Declines Raise Demand Concern
May 18th, 2009 - Bloomberg
May 18 (Bloomberg) -- Crude oil pared gains, trading littlechanged in New York, as Asian stock markets declined on concernthe global economy may not recover anytime soon. Equities in Japan...
Falling sales hit Panasonic hard
May 15th, 2009 - BBC NEWS
Panasonic is the world's largest maker of plasma TVs Panasonic has announced a big loss for the year to the end of March as the downturn hits demand for its products such as TVs and digital cameras.
Bank Chiefs Will Be Replaced in Next Few Months, Bair Predicts
May 15th, 2009 - Bloomberg
May 16 (Bloomberg) -- Bank chief executives will bereplaced in the next couple of months as the U.S. scrutinizesfinancially troubled lenders, Federal Deposit Insurance Corp.
Panasonic Forecasts Second Annual Loss, Cuts Dividend
May 15th, 2009 - Bloomberg
May 15 (Bloomberg) -- Panasonic Corp., the world’s largestmaker of plasma televisions, forecast a second annual loss asthe global slump drives down demand for consumer electronicsranging from flat-screen TVs to digital cameras.
Related videos from YouTube:
0:58Market Report: Asian Shares Tumble
Concerns about slumping corporate profits and an uncertain outlook for the global economy caused Asian markets to retreat from recent highs. Panasonic shares slumped after forecasting a bigger-than-expected annual loss, as the global economic crisis cuts sales of flat screen TVs and digital cameras ...
1:38Market Report - Hyundai Cuts
South Korean interest rate cut to a record low of 2.5 percent failed to lift appetite for the country's assets, with the won and shares turning down. In Japan, Panasonic—the world's largest plasma TV maker—will cut its investment ...
1:58May 15 Biz Minute
enforcement attorneys who were in a position to receive sensitive information about agency probes of public companies. They found that the frequent stock trades over a two-year period by the pair raised suspicions of insider trading ...
0:48Market Report - Asia Losses Mount
WONG: In today's Market Report... a disappointing first wave of earnings showing steep losses for many firms on slumping consumer demand pushed Asian markets lower. Hitachi shares tumbled after it warned of a record annual loss of almost 8 billion dollars ...
