Tuesday, December 01, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Patriot Introduces 128GB Compact USB Flash Drives
AMD Launches the Low Profile FirePro W4300 Graphics Card for CAD
Seagate And Newisys Demonstrate Flash Storage Architecture Capable Of 1TB/s
New Tracking Technology Visualizes Wireless Signals
Adobe Falsh Becomes Adobe Animate CC
Samsung Galaxy Game Tuner App Will Save Battery Resources During Gaming
Nokia's Virtual Reality Camera 'Ozo' Priced at $60,000
Samsung Changes Head Of Mobile Business
Active Discussions
How to back up a PS2 DL game
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
 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.

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 .