Sharp books $1.1 bln restructuring charge for Q2
TOKYO (Reuters) - Japan's Sharp Corp said on Thursday it was booking restructuring costs of 84.4 billion yen for the July-September second quarter, as well as writing down 61 billion yen of deferred tax assets in the same period.
The struggling TV maker slashed its net loss forecast for the full year to next March 31 to 450 billion yen from a previous forecast of 250 billion yen.
(Reporting by Mari Saito; Editing by Michael Watson)
- Tweet this
- Share this
- Digg this
- China building South China Sea island big enough for airstrip - report
- Obama to be chief guest at Republic Day celebrations
- Pakistani family sentenced to death over "honour killing" outside court
- China's rate-cut likely to hurt banks, curb new loans to small borrowers
- Long "to do" list for Modi as clock ticks on reform
A U.S. judge on Friday gave final approval to Apple Inc's agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices. Full Article