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The Good News Economist's  Instablog

Eldon Mast has been investing since the time he earned his first dollar back in the 1970s. He is particularly interested in how moods effect the market. In good times and bad, he has observed a peculiar fascination by the mainstream media on "bad news." He has also observed in business... More
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  • Great News for Chips 0 comments
    Apr 17, 2009 12:59 AM | about stocks: TOSBF.PK, SSNLF.PK, ELPDF.PK

    Toshiba posted a smaller operating loss than the company had forecast after production cuts helped ease a glut and drive up prices of the semiconductors.

    Chip-related shares are on the Rise as Samsung Electronics Co., the world’s largest producer has climbed as much as 4.8 percent, while Hynix Semiconductor Inc. has been up as much as 11 percent in Seoul trading today. Japan’s Elpida Memory Inc. has risen as much 9.9 percent in Tokyo and all of Taiwan’s five listed memory chipmakers, including Nanya are advancing...

     

    Stocks: TOSBF.PK, SSNLF.PK, ELPDF.PK
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