Sharp (SHCAY.PK) is set to post a roughly $1.28 billion group loss for the quarter as the firm...

|About: Sharp Corp. ADR (SHCAY)|By:, SA News Editor

Sharp (SHCAY.PK) is set to post a roughly $1.28 billion group loss for the quarter as the firm faces restructuring charges, weak solar panel and flat-screen television sales, plus a variety of other problems. It also appears likely full-year guidance projections will be cut as well, as the company mulls over its first large-scale job cuts worldwide. Shares -1% AH.