Japan Hot Stocks-Nippon Sheet Glass, Asahi Glass, Kao

Date: 26 April 2007
Source: Yahoo.com

Date: 26 April 2007

YAhoo.com reported that the following stocks are on the move on Tuesday: **NIPPON SHEET GLASS FALLS AFTER EU CARTEL SUSPICIONS** Nippon Sheet Glass falls 2.2 percent to 627 yen and Asahi Glass Co.

Ltd. drops 1.7 percent to 1,661 yen after the European Commission said on Monday that several automobile glass makers in Europe have been charged with fixing prices and dividing territory in what would be a serious violation of European Union laws.



Nippon Sheet said its British unit Pilkington had received a charge sheet from the Commission, as did Asahi Glass's AGC Automotive Europe unit and French glass maker Saint Gobain . [ID:nL23193998] 0027 GMT **KAO SLIDES ON FORECAST OF WEAKER PROFITS**



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