Posts tagged as:

forecast

Panasonic Sales Slump Spurs Layoffs And Shutdowns

by David Heyerman on February 4, 2009

panasonic

Panasonic announced today that they’re expected to post their first loss in six years with a forecasted net loss of $4.3 Billion, by year end March 31st, 2009.
The companies already taking extreme measures to neutralize the losses. They’ll be cutting near 5% of their workforce (a wopping 15,000 jobs) and closing down 27 factories……eeeeesh.
Will the cutbacks make room for their acquisition of Sanyo?

See other Panasonic related stories:

Panasonic To Announce New Technology; Making An EV Move?

by Jason Wilk on December 1, 2008

ValueClick, the holding company that controls major advertising/shopping properties Mediaplex, Comission Junction and PriceRunner, is on the fritz. Big time.
Display advertising is one of the ValueClick’s biggest revenue drivers, which at the moment is the least economical ways for advertisers to spend their money due to low CTR, high bounce rates and often immeasurable demographic metrics.
All of Internet advertising is taking a hit though. Google saw a major drop in their stock when they pulled back their earnings forecasts this week, while ValueClick has seen their stock drop to $5.42 from a high of $29.97 this year. Ouch.
This isn’t all ValueClick is worried about. The Google Affiliate Network is quickly becoming the largest CPA advertising network in the world over Commission Junction, a profitable asset for ValueClick. Google is already gaining speed and as soon as they integrate analytics for publishers, it will be over for ValueClick affiliate marketing.
Lastly, their PriceRunner comparison shopping search still has momentum in Europe, but back home they are a second thought, even more so now with people’s wallets closing shut from the financial crisis.
Their market cap is down 60% this year to $474M. Watch out for even further falling prices. We called this drop off in October, since then their stock price has fell significantly.
In related news, Sam Paisley, their former head of M&A has already left for SpotRunner.

Is it possible ValueClick will be the first major tech stock to bite the dust?

A tiny exclusive

by David Heyerman on November 20, 2008

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Nissan’s been making serious moves lately in the electric car scene.
They announced their next generation of environmental vehicles back in August, which they plan to supply to the US by 2010, and globally by 2012.
They’ve already partnered to provide electric vehicles to esteemed San Francisco startup, Project Better Place, who just announced today they’ll be building a $1 billion car charging network in the Bay Area.
Nissan’s president and CEO, Carolos Ghosn, recently made a trip to China, where the company plans to supply electric vehicles by 2012.
Just yesterday, Nissan announced they will develop an electric vehicle charging network in partnership with the state of Oregon and utility, Portland General Electric.
It’s been an incredibly exciting day for everyone into the cleantech car scene, even more exciting for those living within the San Francisco and Portland metropolitan areas. It seems to me that Nissan has been either lightly or heavily involved with most of the recent buzz. Will these moves position Nissan to dominate the cleantech car industry, or will other manufacturers, ie Toyota, Honda easily catch up?