Panasonic Plunges on $9.6 Billion Loss Forecast

Panasonic Corp., Japan’s second-biggest TV maker, plunged by the daily limit in Tokyo trading after forecasting a loss 30 times bigger than analyst estimates because of restructuring costs and falling demand.
Watch for the Cracks in the IPO Market
33:14 - Howard Friedman, PricewaterhouseCoopers' capital markets partner, and Bloomberg's Alex Barinka discuss the state of the IPO market with Bloomberg's David Gura on "Bloomberg Markets." (Source: Bloomberg)
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