Monday, May 7, 2007

Mitsubishi Heavy, Sumitomo Corp., NTT DoCoMo: Japanese Equity Preview

(Bloomberg) -- The following stocks may move in Japanese markets. Prices are as of the close of trading. Statements were released after the close. Stock symbols are in parentheses.

Akebono Brake Industry Co. (7238 JT): The brake products maker said full-year net income rose 13 percent to 6.63 billion yen ($55.3 million), 12 percent below its 7.5 billion yen forecast. The company expects a 10 percent rise in profit to 7.3 billion yen this business year. The stock dropped 21 yen, or 2.1 percent, to 1,004.


Read more at Bloomberg Stocks News

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