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Top Stories on Mitsubishi Electric

Mitsubishi Electric promises loan to Renesas; chipmaker's shares surge - Reuters

TOKYO (Reuters) - Japan's Mitsubishi Electric Corp said on Tuesday it would provide 14.5 billion yen ($185.5 million) in loans to help prop up chipmaker Renesas Electronics Corp, which is fighting for survival against aggressive overseas rivals.

Mitsubishi Electric Announces Consolidated Financial Results for the First Quarter of Fiscal 2013 - CNBC

TOKYO, Jul 31, 2012 (BUSINESS WIRE) -- Mitsubishi Electric Corporation (TOKYO:6503) announced today its financial results for the first quarter ending June 30, 2012, of the current fiscal year ending March 31, 2013 (fiscal 2013). Consolidated Financial ...

Mitsubishi Electric Q1 Profit Rises - Quick Facts - NASDAQ

( - Mitsubishi Electric Corp. (MIELY.PK) reported net income attributable to the company of 30.4 billion yen for the first quarter, a 12% increase from the same quarter a year ago. Net sales for the three-month period decreased 4% to ...

Mitsubishi Electric Wins Reversal of $124 Million Verdict - Bloomberg

Mitsubishi Electric & Electronics USA Inc. won a reversal of a $124 million jury verdict awarded to Grail Semiconductor Inc. in May in a breach-of-contract lawsuit in California state court. Grail claimed Mitsubishi Electric disclosed its ...

TEXT-S&P summary: Mitsubishi Electric Corp. - Reuters UK

Our 'A' rating on Japan-based diversified electronics maker Mitsubishi Electric Corp. (A/Stable/A-1) reflects Standard & Poor's Ratings Services' assessment of the company's business risk profile as strong and its financial risk profile as modest.

Mitsubishi Electr. : Mitsubishi Electric Announces Consolidated Financial Results for the First Quarter of Fiscal 2013 - 4-traders (press release)

With a setback in the European and Asian economy, and the yen remaining strong against US dollars and euro, business conditions during the first quarter of fiscal 2013 worsened despite buoyancy in the Japanese and US economies. Under these circumstances ...

Nikkei logs worst July performance in five years -

Sentiment was also lifted by a mixed bag of positive news for individual stocks with Canon Inc <7751.T> announcing its second share buyback in two months, Mitsubishi Electric Corp <6503.T> reporting better-than-expected profits and struggling Renesas ...

Hitachi to supply $224 mn loan to Renesas - CIOL Network

Mitsubishi Electric Corp, which like Hitachi is a major shareholder in Renesas, earlier said it would provide 14.5 billion yen to the chipmaker. Renesas has said it plans to reduce its workforce by 12 per cent and halve the number of domestic plants within ...

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