Panasonic sees $5.5 billion annual loss, worst in a decade
Oct.31, 2011 in
News
TOKYO (Reuters) – Japanese electronics maker Panasonic Corp forecast an annual net loss of 420 billion yen ($5.5 billion), its worst in a decade, as restructuring costs soared and weak demand in the United States and Europe eroded income.
Original post by Soulskill

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