Date: 12 August 2009
Nippon Sheet Glass, a major sheet glass maker, surged 8.6 percent to 353 yen after Bank of America ( BAC - news - people ) Merrill Lynch initiated coverage with a 'buy' rating, citing expectations of a significant earnings contribution from price hikes on European construction-use glass and the auto-glass business swinging into profits in the financial year starting next April.Read full story here.
Nippon Sheet Glass, a major sheet glass maker, surged 8.6 percent to 353 yen after Bank of America ( BAC - news - people ) Merrill Lynch initiated coverage with a 'buy' rating, citing expectations of a significant earnings contribution from price hikes on European construction-use glass and the auto-glass business swinging into profits in the financial year starting next April.
Read full story here.
Forbes.com
2009-08-12T13:00:00
Japan Hot Stocks-Aeon, Nippon Sheet Glass, Construction Firms
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