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Hitachi jumps after chairman says Q1 earnings to overshoot 07.26.2010 Shares of Hitachi rose more than 4 percent on July 23, outperforming peers and the broader Nikkei index, after the company’s chairman told Reuters in exclusive comments that its April-June quarter earnings would beat expectations, helped by strong demand for electronics, car parts, and chip-making equipment. Bloomberg cited the Reuters story as the factor driving Hitachi’s gains, as did Japanese stock newswire Traders & Company. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Hitachi jumps after chairman says Q1 earnings to overshoot

07.26.2010

Shares of Hitachi rose more than 4 percent on July 23, outperforming peers and the broader Nikkei index, after the company’s chairman told Reuters in exclusive comments that its April-June quarter earnings would beat expectations, helped by strong demand for electronics, car parts, and chip-making equipment. Bloomberg cited the Reuters story as the factor driving Hitachi’s gains, as did Japanese stock newswire Traders & Company.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here