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panasonic just reported a 700% increase in profit....
Posted on 7/31/13 at 9:05 pm
Posted on 7/31/13 at 9:05 pm
I know its bc of the weak yen and thats why I was interested in going long on japan recently but is this some type of record for a multi-billion dollar company
LINK
LINK
2
Posted on 7/31/13 at 9:06 pm to ThaBigFella
Well if their profit was $1 last quarter, that really isn't impressive.
Posted on 7/31/13 at 9:07 pm to Golfer
it wasn't $1, they made over $1B this quarter.
Posted on 7/31/13 at 9:14 pm to ThaBigFella
Out of curiosity, why is Panasonic only traded on OTC markets in the US? Seems like a company with a market cap as big as theirs would be listed in one of the big 3 stock exchanges.
Posted on 7/31/13 at 9:33 pm to ThaBigFella
If revenues increased 700% that would be impressive. Otherwise meh.
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