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Wednesday, April 7, 2010 as of 11:14 AM ET

Hitachi

Hitachi

() is a Japanese multinational conglomerate headquartered in Marunouchi 1-chome, Chiyoda, Tokyo, Japan.

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Japan Stocks Rise, As Earnings Boost Shares

Japanese stocks notched gains in early Friday trading, as some earnings results helped select shares to send the blue-chip Nikkei Stock Average up 0.

4% to 9,043.61, and the broader Topix 0.2% higher. Shares of Hitachi Ltd. rose 1.7% as the market cheered a 45% rise in fiscal-year profit and shrugged off expectations for lower earnings this year. Sony Corp. traded up 1.4% after forecasting a return to profit in the current fiscal year, despite posting a loss for the year that ended in March. Olympus Corp. reported a wider quarterly loss late Thursday, but revenue edged up, and its shares rose 2.7% Friday morning. A quarterly profit for Trend Micro Inc. sent its shares up 1.4%. Among decliners, Renesas Electronics Corp. extended its losses with a 1.1% drop after delaying its outlook earlier this week, while Nintendo Co. retreated 2% after data showing a 42% drop for U.S. videogame sales.Copyright © 2012 MarketWatch, Inc....

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  1. Japan Stocks Fall Early, But Advantest Gains

    Japanese stocks fell broadly after U.S. losses overnight, with a stronger yen also weighing on exporters after a short spell of weakening for the currency. The Nikke...

  2. Japan Stocks Open Lower, But Hitachi Gains

    Japanese stocks opened solidly lower Thursday, with many blue-chip exporters handing back some of their gains from the previous session after U.S. shares traded lowe...

  3. Japan Stocks Zoom Higher In Early Trade

    Japanese stocks rocketed higher in early Wednesday trading, as U.S. gains, a weaker yen and a rise in commodity prices pushed the Nikkei Stock Average up 1.6% to 9,6...

  4. Japanese Stocks Rise In Early Trading

    Japanese shares rose early Thursday, taking cues from an upbeat session for U.S. stocks as investors welcomed a drop in European borrowing costs and a firm start to ...

  5. Report: Sony to Cut 10K Jobs

    Sony (NYSE:SNE) will slash 10,000 jobs, or about 6% of its workforce, according to reports, as the Japanese electronics maker moves forward with an overhaul that wil...

  6. Medco Health Solutions, Tyco International Among Stocks Setting 52-Week Highs Wednesday

    These nine stocks hit 52-week highs:While trading on above-average volume, Medco Health Solutions (NYSE: MHS ) climbed today, reaching and then surpassing its previo...

  7. Japan Stocks Rally On Weaker Yen, U.S. Gains

    Japanese stocks jumped in early Tuesday trading, taking cues from sharp gains overnight on Wall Street and a broadly weaker yen. The Nikkei Stock Average surged 1.4%...

  8. Hitachi Plans $5.4 Billion In Cost Cuts: Report

    Hitachi Ltd. plans to cut its annual costs by 5%, or 450 billion yen ($5.4 billion) a year, by fiscal 2015, the Nikkei business daily reported Tuesday. The company w...

  9. Japan Stocks Start Week Higher, With Yen Softening

    Japanese stocks moved higher out of the Monday open, with early losses for the yen helping some of blue-chip exporters. The Nikkei Stock Average rose 0.3% to 10,032....

  10. Singapore Shares End Higher; Genting Leads Gains On Junket Licenses

    Singapore shares ended higher Friday, bucking broader regional weakness on bargain hunting, while casino operator Genting Singapore outperformed on news two junket a...

  11. Japanese Stocks Join In Global Rout

    Japanese shares fell in early trading Wednesday, with the Nikkei Stock Average down 1.1% at 9,527.36. The early slide for the Japanese index followed heavy losses in...

  12. Japan Tech Exporters Lower, But Retail Shares Rise

    Japanese stocks swung between gains and losses early Monday, with some blue-chip tech shares among the laggards after a drop Friday in the U.S. Nasdaq , but with ret...

  1. Japan Stocks Fall, With Blue Chips Leading Retreat

    Japanese stocks opened broadly lower Thursday, tracking U.S. losses overnight and offering mixed reactions to earnings-related news. The Nikkei Stock Average fell 0....

  2. Hitachi Annual Profit To Set New Record: Report

    Japanese tech-focused conglomerate Hitachi Ltd. will likely beat estimates for its annual net profit, thanks to sales of industrial equipment and proceeds from the s...

  3. Japan Stocks Rebound Modestly From Monday Losses

    Japanese stocks enjoyed a modest rebound early Tuesday, as investors bought shares after a sharp sell-down in the previous session, with tech shares among the best p...

  4. Japan Stocks Plunge In Post-holiday Return

    Japan's blue-chip Nikkei Stock Average tumbled 2.8% to 9,117.96 with in minutes of the market open Monday, as investors returned from a long holiday to find the yen ...

  5. Japan Stocks Fall In Post-holiday Return

    Japanese stocks fell in early Tuesday trade as the market returned from a three-day weekend to face a stronger yen and some weak earnings, with the Nikkei Stock Aver...

  6. Japan Stocks Rally On Weaker Yen, Apple Results

    Japanese stocks jumped higher out of the Wednesday open, with a weaker yen and strong results from the U.S.'s largest corporation Apple Inc. helping send the Nikkei ...

  7. Hitachi Gives Outside Directors Majority On Board

    In a rare move for a Japanese company, Hitachi Ltd. said Tuesday it is making outside directors a majority of its board members. The new 13-member board will have se...

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