Toshiba up on chips, power systems, lifts outlook
Toshiba up on chips, power systems, lifts outlook
TOKYO (Reuters) – Japanese electronics group Toshiba Corp posted a 38 percent rise in quarterly operating profit on Monday, thanks to sales of its flash memory chips and thermal power plants, and it raised its full-year outlook closer to market estimates.
Source: feeds.reuters.com
Xstrata offers $2.8 billion for Australia’s Jubilee Mines
SYDNEY (Reuters) – Anglo-Swiss miner Xstrata offered A$3.1 billion ($2.8 billion) on Monday for Australia’s fifth-largest nickel producer Jubilee Mines NL , the latest outback miner to catch the eye of a big international firm as metal prices soar.
Source: feeds.reuters.com
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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