Wednesday, June 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Licenses ARM's Mali GPUs
New Aquaris E5 HD Ubuntu Edition Smartphone Launches in Spain
Computex: ASUS Showcases Pen Stick PC Powered By A Cherry Trail CPU
Apple Is Recalling Beats Pill XL Speakers
IBM Buys Blue Box to Accelerate Open Hybrid Clouds
Yahoo Gives Advertisers Fraud Verification Tools
Fujifilm and imec Demonstrate Full-color Organic light-emitting diodes With photoresist technology for organic semiconductors
Microsoft Showcases new Windows 10 Devices At Computex 2015
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > More ba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, September 21, 2006
More bad ratings news for Hitachi


Standard and Poor's has put Hitachi on credit watch with negative implications after the Japanese electronics maker slashed its forecasts to a net loss.

Fitch Ratings made a similar move earlier this week after the profit warning from Hitachi Ltd., which was hit hard by payments to repair damaged turbines the company had supplied for nuclear power plants.

Standard and Poor's said it had placed Hitachi on its "A-" long-term debt rating on CreditWatch, with negative implications.

The credit rating agency said it cannot rule out the possibility of increased costs stemming from the damaged turbines if the nuclear power plant operators decide to seek compensation.

Hitachi said Friday that it now expected a year to March 2007 net loss of 55 billion yen (470 million dollars), compared with its earlier estimate of a 55 billion yen profit.

Besides the one-off charges for the turbines, Hitachi blamed a decline in prices of hard disk drives and slack sales of air conditioners and DVD recorders.


Previous
Next
Nokia to put Microsoft search on cellphones        All News        Pinnacle Unveils New Consumer Video Editing and TV Viewing Products
Two U.S. software firms lobby EU on Microsoft: WSJ     General Computing News      Dell Receives Notice From NASDAQ Due to Delay in Filing of Form 10-Q

Get RSS feed Easy Print E-Mail this Message

Related News
Hitachi Wearable Sensor Helps Working Groups Be Happy And Productive
Hitachi Wearable Device Monitors Brain Functions
Hitachi Technology Stores Digital Data In 100 Recording Layers, Data Can be Stored For 300 million Years
Hitachi HDDs Have The Lowest Failure Rate: report
Hitachi Combines SSD Tier And SSD Cache Methods in Tiered Storage Systems
Hitachi Brings New Flash, Unified Storage and Converged Solutions
HGST Launches the 1.5TB Mobile Hard Drive
Maxell Introduces First iVDR, BD, HDD Combo Recorder
Hitachi Maxell To Take Over Hitachi's LCD projector Business
Hitachi Says Hybrid Storage Pools Are Superior Than HDD, SSD Configurations
HGST Launches 1.2TB, 10K RPM Hard Drive
HGST Releases 1TB, 7200 2.5-inch Mobile Hard Drive

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .