Monday, July 23, 2007

Japanese Stocks May Climb on Higher Earnings; KDDI Corp., Toshiba May Gain

(Bloomberg) -- Japanese shares may gain on optimism
companies will report higher earnings for the fiscal first quarter.

KDDI Corp., Japan's second-biggest mobile-phone carrier, may
gain after saying its profit rose 9 percent from a year earlier
after winning customers from its rivals. Toshiba Corp. may advance
after the Nikkei newspaper said the company, which had forecast a
profit decline, may report a 3 percent increase in net income.


Read more at Bloomberg Stocks News

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