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.
LinkedIn's Forecast: Bloomberg West (Full Show 7/30)
17:16 - Full episode of "Bloomberg West." Guests: Mizuho's Neil Doshi, Cadigan Talent Ventures founder Steve Cadigan, Indiegogo CEO Slava Rubin and Y Combinator Partner Michael Seibel. (Source: Bloomberg)
  • Amazon Portal to Launch Startup Goods
  • The Machine Behind Stephen Hawking's Voice
  • EA's Earnings Forecast: It's All About 'Star Wars'