Seeking Alpha
 

Panasonic Corp. ADR (PCRFY)

- OTCPK - Current
  • Mon, May 18, 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.
    | 4 Comments
  • 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.
    | 1 Comment
  • 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.
    | 2 Comments
  • Apr. 1, 2013, 10:02 AM
    Shares of Panasonic (PC -8.6%) slump with the electronics firm reportedly under investigation by U.S. authorities on charges of bribery. The company plans to delist its American depositary shares from the NYSE on April 22.
    | Comment!
  • Feb. 4, 2013, 5:47 PM
    After-hours top gainers, as of 5:15 p.m.: JNY +5%. EDMC +5%. BRKS +5%. MM +5%. GFF +4%.
    After-hours top losers: PC -10%. IDIX -7%. RTEC -6%. YUM -6%. BIDU -5%.
    | Comment!
  • Feb. 4, 2013, 12:45 PM
    Midday top 10 gainers: HPTX +31%. APKT +22%. EBOD +16%. PGRX +15%. SONS +14%. PC +11%. EDAP +9%. ORRF +10%. HMY +9%. TAOM +9%.
    Midday top 10 Losers: INUV -13%. CLSN -13%. SED -12%. CYTK -8%. VVI -9%. CTC -8%. PRIS -8%. PERI -8%. BLIN -8%. CFBK -8%.
    | Comment!
  • 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.
    | Comment!
  • Aug. 1, 2012, 9:15 AM
    Premarket gainers: SIMG +28%. LH +13%. BPI +12%. VG +9%. GNW +8%. FTR +7%. PC +7%. GRMN +6%. DGX +6%.
    Losers: CECO -20%. DRIV -17%. TRLG -15%. ARRY -13%. NICE -13%. ENR -10%. HZNP -9%. DWA -7%. SAVE -6%. IDIX -6%. MAPP -6%. STP -5%.
    | Comment!
  • May 29, 2012, 1:32 AM
    Panasonic (PC) says it may cut more jobs and is thinking about restructuring its operations, sending shares +2.9% in Tokyo. The TV maker shed 36,000 jobs last fiscal year.
    | Comment!
  • Mar. 21, 2012, 4:47 AM
    Panasonic (PC) plans to close a California plant that makes silicon wafers for solar cells, according to a report in the Nikkei business daily. Shares -2.2% in Tokyo.
    | Comment!
  • Dec. 9, 2011, 3:26 PM
    Shares 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.
    | Comment!
  • 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.
    | Comment!
  • 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.
    | 1 Comment
Visit Seeking Alpha's
PCRFY vs. ETF Alternatives
Company Description
Panasonic Corporation is one of the largest electronic product manufacturers in the world, comprised of over 634 companies. It manufactures and markets a wide range of products under the Panasonic brand to enhance and enrich lifestyles all around the globe.
Country: Japan