Japanese display maker Sharp Corp , a supplier to Apple Inc, will aim to boost sales to the iPhone maker's rival Samsung Electronics Co under a three-year rehabilitation roadmap after posting a worse-than-expected $5.4 billion net loss in its latest financial year.The business plan, due for release on Tuesday, will lean further on banks that last year saved it from failure, as a 200 billion yen ($2 billion) convertible bond will fall due in September.Sharp forecast an 80 billion yen operating profit for the year to next March 31, exceeding the 52.9 billion yen average estimate of 13 analysts surveyed by Thomson Reuters I/B/E/S.That follows a 146.27 billion yen operating loss in the business year just ended and a 545.35 billion yen net loss, which was inflated by write-offs of display-making facilities and other assets as it struggles with excess capacity.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL remained unchanged at $454.74. In the past year, the shares have traded as low as $385.10 and as high as $705.07. On average, 17939600 shares of AAPL exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $34.49. In the past year, the shares have traded as low as $26.20 and as high as $34.60. On average, 1140120 shares of TRI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.29% or $0.1/share to $34.86. In the past year, the shares have traded as low as $26.65 and as high as $34.82. On average, 1213660 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 651678.
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