Sunday, July 29, 2007

Mitsubishi Electric profit up, raises H1 outlook

(Reuters) - The announcement sent shares of Mitsubishi Electric up 6.9
percent to 1,232 yen as of 0426 GMT, while the benchmark Nikkei
average fell 0.8 percent.




Few analysts give estimates for Mitsubishi Electric's first
quarter earnings, but the result compares with Mitsubishi UFJ
Securities' estimate for a 41 billion yen profit.


Read more at Reuters.com Market News

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