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A digital video camera for $53? A private plane for less than $20,000? The prices on some interesting consumer products have dropped over the years, resulting in surprising deals on items that were once more costly.
Panasonic (PC) will acquire the shares of common stock of SANYO Electric Co (SANYY) through a tender offer, Panasonic announced. Panasonic currently owns 50.5% of the aggregate number of SANYO's issued shares following a 2009 tender offer, Panasonic said in a statement. The new tender offer...
Shares of Japanese consumer lenders surged on the news that plans are in the works for Osaka to become a special business zone. This would make it exempt from heavy regulations that have long strangled Japanese lenders.
Shares in Asia closed mostly lower today with Japan's Nikkei Index falling 1.3 percent to 9,717. In Hong Kong, the Hang Seng Index fell 0.6 percent to close at 21,479, and in China, the Shanghai Composite Index rose 0.9 percent, ending the day at 3,155. In Japan, Sanyo Electric Co. (SANYY) plunged...
Shares in Asia were mixed Monday with the Hang Seng down 1.1 percent to close at 20,932 and the Nikkei dropping 2.3 percent to end the day at 10,202. Only the China markets were in the green with the Shanghai Composite gaining 1.2 percent to close at 3,027. The Chinese index might have gone higher,...
Bad earnings and the recession are making Sony (SNE) look at whether its traditional way of doing business can allow it to prosper in the current economic environment. Sony has a plentiful supply of problems. Its PS3 game console still lags sales of the Microsoft (MSFT) Xbox 360 and Nintendo Wii in...

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