21.85BMarket Cap6.73P/E (TTM)
0.000High0.000Low0Volume0.000Open9.360Pre Close0.00Turnover0.00%Turnover Ratio12.73P/E (Static)2.33BShares12.74752wk High0.79P/B21.85BFloat Cap8.59052wk Low0.23Dividend TTM2.33BShs Float16.527Historical High2.43%Div YieldTTM0.00%Amplitude4.314Historical Low--Avg Price1Lot Size
Panasonic Holdings (ADR) Stock Forum
Here's what happened in China's markets last trade day (11/7):
Two of China's top automakers posted robust gains in sales last month - Guangzhou-based GAC Group recorded a 5.6% y-o-y increase in car sales and NEV sales rose 39%, while Great Wall Motors saw a jump of 31% in auto sales. Both show that established brands are gaining ground in exports to emerging economies. And growth is not isolated to China’s m...
“Panasonic cut production of EV batteries in September, blaming slowing economic growth and weakening demand for electric vehicles”
Panasonic Cuts Battery Production, Lowers Annual Profit Forecast Amid Global EV Sales Slowdown!
✅ Panasonic lowers annual profit forecast for its energy unit to 115 billion yen ($769 million) from 135 billion yen.
✅ Adjusted automotive battery production in Japan due to rapidly reduced demand.
✅ The battery unit's slowdown was impacted by softer uptake for high-end EVs in North America.
✅ Panasonic's North American operations remain steady, with strong sales for tax-credit-eligi...
ColumnsBefore the Bell | Fed's 'Raise and Hold' Inflation Gamble as Jackson Hole Awaits Powell
Techno tumble fumble
U.S. stocks fell sharply Monday to start the week, led by losses in shares of technology companies as investors braced for the start of earnings season and fre...
recession fear
Panasonic is building a new campus near the Tesla Nevada Gigafactory
Article excerpted from the US Stock Research Agency
$Panasonic Holdings (ADR)(PCRFY.US)$$Tesla(TSLA.US)$ According to reports, the head of Panasonic's battery department released a powerful prototype battery on Monday, saying that this battery will deepen the business relationship with American electric car manufacturer Tesla. In a speech at a media roundtable, Kazuo Tadanobu, head of Panasonic’s energy business, also said that the company has no plans to produce cheaper lithium iron phosphate batteries for electric vehicles.
Article excerpted from the US Stock Research Agency
Panasonic rises 2.6% after report it sold its tesla stake.
$Tesla(TSLA.US)$
$Panasonic Holdings (ADR)(PCRFY.US)$
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