Thursday, December 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Unveils Windows 10 for Qualcomm Chips, "Project Evo" PCs For Mixed Reality And Gaming
Samsung's First Foldable Phone May Actually Not Have A Foldable Screen
Apple In Talks With Hollywood For Early Movie Rental
Bluetooth 5 Technology Brings Advancements In Terms Of Range, Speed And Capacity
Global Virtual Reality Association Established To Promote VR
Fitbit Acquired Assets from Pebble
GIGABYTE Announces Xtreme Gaming Peripherals, Including A Gaming Chair
Scythe Releases Improved Mugen 5 CPU Cooler Armed With Kaze Flex 120 Fan
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
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 Finger Vein Authentication System Uses A Smartphone Camera
Hitachi Develops New Humanoid Robot
Hitachi and Honda Develop Portable Breath-based Alcohol Detection Device For Car Drivers
Hitachi, Mitsubishi Electric Fined By Europe Over Automotive Parts Cartel Case
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .