Monday, July 30, 2007

Japan's Stocks Slide; Kyocera Drops on Earnings, Steelmakers Fall on Probe

(Bloomberg) -- Japanese stocks fell after earnings
at companies including Kyocera Corp. lagged behind investor
expectations.

Stock losses spread in the afternoon after Japan's Fair
Trade Commission said it is investigating Nippon Steel Corp., JFE
Holdings Inc. and Sumitomo Metal Industries Ltd. on suspicion of
price fixing, sending their shares tumbling.


Read more at Bloomberg Stocks News

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