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Reuters: Hitachi shares plunge 17 percent on record loss warning

Started by chris, February 02, 2009, 09:59:11 AM

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chris

Hitachi shares plunge 17 percent on record loss warning
      
   
      


TOKYO (Reuters) - Shares in Japan's Hitachi Ltd dived 17 percent to a near 29-year low on Monday after its warning of a record $7.8 billion annual loss due to weak sales, a firmer yen and costs of restructuring its sprawling operations.<div class="feedflare">
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