As investors sweat, Japan firms pump out shares

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As investors sweat, Japan firms pump out shares

posted on Nov 16, 2009 09:26AM

Why would Hitachi need so much cash ?

Hitachi, Japan's biggest electronics firm by sales, said on Monday it will raise up to 416 billion yen in a share sale, after fees. Shares of Hitachi made their biggest one-day slide in six months after sources told Reuters about the public issue, the company's first in 27 years.

http://finance.yahoo.com/news/As-investors-sweat-Japan-rb-2547997093.html?x=0&sec=topStories&pos=6&asset=&ccode=

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