Wednesday, July 18, 2007

Japan's Stocks Rise, Led by Technology Shares; Mitsui OSK, Matsushita Gain

(Bloomberg) -- Japanese stocks advanced after
International Business Machines Corp. reported profits higher
than analysts' projections, raising speculation Japan's
technology companies will also post bigger-than-forecast earnings.

Matsushita Electric Industrial Co., the world's biggest
consumer electronics maker, led gains by the Topix. Shipping
companies including Mitsui O.S.K. Lines Ltd. advanced on
expectations that their earnings will climb.


Read more at Bloomberg Stocks News

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