News Headline Summary

Sharp (6753 JT) says ADRs decline after Co. announces terms of Qualcomm investment; Hon Hai is still considering investment, according to WSJ

Reaction details (18:27)

- Co. shares opened higher by 0.6% in Tokyo trading.
- Co. shares extended gains, rose 3.5% at 0026GMT.

Analysis details (17:37)

- Yesterday, Nikkei reported that Sharp (6753 JT) and Qualcomm (QCOM) are to develop LCD panel.

04 Dec 2012 - 17:34 - Equities - Source: WSJ

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: