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.

Bob Doll: Rates Are in a Long-Term Bottoming Process
49:09 - Bob Doll, senior portfolio manager at Nuveen Asset Management, looks at the factors behind the current bond selloff as he sees markets recognizing better growth and inflation. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
  • Novo Nordisk Slashes Long-Term Profit Growth on Pricing
  • Nissan Deal Raises Questions on Trade, Says Lockhart
  • Pound Plummets as U.K. Government Wins Brexit Suit