Sunday, June 24, 2007

Japanese Stocks May Drop; Sony, Exporters May Pace Losses on U.S. Concerns

(Bloomberg) -- Japanese stocks may decline, led by
companies relying on U.S. sales such as Sony Corp., on concern
losses from the faltering subprime market will be worse than
expected.

The Standard & Poor's 500 Index had its biggest weekly drop
since early March. The U.S. was the largest overseas market for
Sony last business year.


Read more at Bloomberg Stocks News

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