Tue, Jun. 7, 11:44 AM
- Samsung SDI (OTC:SSDIY, OTC:SSNLF) rose sharply in trading in Seoul today after more reports emerged indicating that the company is in advanced talks with Tesla Motors on a battery supply deal.
- Samsung SDI declined to confirm to the Korea Herald if a deal with Tesla is about to be struck.
- Shares of Panasonic (OTCPK:PCRFF, OTCPK:PCRFY) fell in Tokyo by about 2% on Monday, but tracked back higher by 1% today.
- Tesla Motors (NASDAQ:TSLA) is up 4.95% to a session high of $231.63. Ron Baron was talking up Tesla on CNBC this morning (nothing new) on top of the battery news.
- Previously: Tesla Motors brings in battery cells from Samsung (June 2)
May 18, 2015, 10:23 AM
- Panasonic (OTCPK:PCRFF) has launched the Arbitrator BWC, a law enforcement body camera supporting 720p recording, a 130-degree camera angle, and Wi-Fi video offloading. Like rival offerings, it's accompanied by an evidence management system for storing/accessing recorded content, and integrates with a complementary in-car video system.
- Body camera makers Taser (TASR -3.6%) and Digital Ally (DGLY -4.6%) are selling off. DGLY is now down 18% since releasing its Q1 numbers on Wednesday afternoon.
- Panasonic launched its first law enforcement body camera, the WV-TW310, in 2012.
May 9, 2014, 9:12 AM
- Polypore International (PPO) +7.7% premarket after announcing a five-year lithium-ion separator supply agreement with Panasonic (PCRFY), and authorizing a repurchase of up to 4.5M common shares.
- Q1 results were mixed, however, with earnings falling short of expectations but revenues rising 10% Y/Y; sales of lead-acid battery separators rose 4% while lithium battery separator sales jumped 23% due to higher volumes in electric drive vehicles.
- DA Davidson upgrades shares to Buy from Neutral and raises its price target to $42 from $36, citing PPO's flexibility to increase capital investments in strategic growth opportunities through the recent debt restructuring and subsequent lower interest rates.
Feb. 26, 2014, 3:30 AM
- Panasonic (PCRFY) is reportedly considering investing in a lithium-ion battery factory that Tesla is planning to build as part of its strategy of making more affordable electric vehicles.
- The "giga" factory would need almost ¥100B ($979M) to construct, and would make lightweight batteries for Tesla as well as for Toyota and other automakers.
- Panasonic is already Tesla's main supplier of batteries and said it wants to expand its collaboration with the U.S. company, although the Japanese firm declined to comment further.
- Last week, Tesla CEO Elon Musk said he expects Panasonic to be a partner in the facility.
- Panasonic's shares jumped 5.3% in Tokyo.
Apr. 1, 2013, 10:02 AM
Feb. 4, 2013, 5:47 PM
Feb. 4, 2013, 12:45 PM
Feb. 4, 2013, 3:07 AM
Panasonic (PC) shares surge 17.9% in Tokyo - the stock's biggest gain since September 1974 - after the company made a surprise profit in FQ3. "Panasonic seems to have turned a corner,” says fund manager Masamitsu Ohki. "That is easing investor concerns about its survival." Sony (SNE) climbed 7.5% ahead of its earnings on Thursday, while Sharp rose 5.5% after it last week reported its first operating profit in five quarters.| Feb. 4, 2013, 3:07 AM
Aug. 1, 2012, 9:15 AM
May 29, 2012, 1:32 AM
Mar. 21, 2012, 4:47 AM
Dec. 9, 2011, 3:26 PMShares of Universal Panel (PANL +4.3%) jump after a Goldman analyst suggests the developer of organic light-emitting diode technology could benefit if Panasonic (PC) ramps up capacity at an OLED-panel manufacturing facility during the first half of 2012. PC and PANL currently have an existing commercial licensing agreement. | Dec. 9, 2011, 3:26 PM
Nov. 25, 2011, 11:59 AM
Panasonic (PC +3.8%) trades up after announcing plans to establish a company in Malaysia that will serve as its new solar manufacturing base. Panasonic Energy Malaysia, to be set up in December, will operate a vertically-integrated solar manufacturing facility producing from wafers to cells and modules.| Nov. 25, 2011, 11:59 AM
May 20, 2011, 11:41 AM
Facing an "extremely difficult" year after Japan's quake, tsunami and nuclear crisis, Panasonic (PC -1.2%) looks to the country's rethought energy policy for a silver lining - emphasizing greener products and renewable energy. If the company sticks to AV and white goods, "our future growth will be limited," President Fumio Ohtsubo says.| May 20, 2011, 11:41 AM | 1 Comment