On Air Now

Listen

Listen Live Now » 101.9 FM Central Wisconsin

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
65° Feels Like: 65°
Wind: ESE 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Partly Cloudy 41°

Tomorrow

Partly Cloudy 68°

Sun Night

Partly Cloudy 47°

Alerts

Sharp extends slide after hitting 36-year closing low

A salesperson walks among Sharp Corp's Aquos liquid-crystal display (LCD) televisions displayed at an electronic store in Tokyo in this June
A salesperson walks among Sharp Corp's Aquos liquid-crystal display (LCD) televisions displayed at an electronic store in Tokyo in this June

TOKYO (Reuters) - Shares of Sharp Corp shed 7.3 percent to 179 yen on Monday morning, extending Friday's 28 percent slide after it reported a first-quarter loss and revised its forecast to a full-year operating loss of 100 billion yen ($1.27 billion).

Sharp had previously expected a 20 billion yen operating profit. ($1 = 78.5950 Japanese yen)

(Reporting by Dominic Lau; Editing by Chang-Ran Kim)

Comments