Sharp extends slide after hitting 36-year closing low
www.reuters.com | 06.08.2012.
TOKYO (Reuters) - Shares of Sharp Corp shed 7.3 percent to 179 yen on Monday morning, extending Friday's 28 percent slide after it reported a first-quarter loss and revised its forecast to a full-year operating loss of 100 billion yen ($1.27 billion).
Sharp had previously expected a 20 billion yen operating profit. ($1 = 78.5950 Japanese yen)
(Reporting by Dominic Lau; Editing by Chang-Ran Kim)