Thursday, June 28, 2007

Japan's Electronics Stocks May Climb on Growth Outlook; Retailers May Rise

(Bloomberg) -- Japan's electronics stocks may climb
on expectations earnings will rise after brokerages at home and in
the U.S. issued reports touting their growth potential and the yen
weakened for a second day.

Toshiba Corp., the world's second-biggest maker of flash
memory chips, and Mitsubishi Electric Corp., which makes
everything from televisions to semiconductor production equipment,
may lead gains after Credit Suisse Group boosted its
recommendation on both companies to ``overweight.''


Read more at Bloomberg Stocks News

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