Thursday, June 28, 2007

Japanese Stocks Climb; Toshiba Leads Gains on Growth Outlook, Weaker Yen

(Bloomberg) -- Japanese stocks climbed, paced by
electronics makers on expectations earnings will rise after
brokerages at home and in the U.S. issued reports touting their
growth potential and the yen weakened for a second day.

Toshiba Corp., the world's second-biggest maker of flash
memory chips, and Mitsubishi Electric Corp., which makes
everything from televisions to semiconductor production
equipment, led gains after Credit Suisse Group boosted its
recommendation on both companies to ``outperform.''


Read more at Bloomberg Stocks News

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