S&T Will Have Unexpected 4Q Loss, Chairman To Step Down

Dec. 30 (Bloomberg) -- S&T; System Integration & Technology Distribution AG said it expects to report an operating loss in the fourth quarter, a worse result than it predicted in October. The group also said that Andreas Frech would step down as the company’s chairman but remain on its supervisory board.

S&T Will Have Unexpected 4Q Loss, Chairman To Step Down

Backlink: http://www.businessweek.com/news/2010-12-30/s-t-will-have-unexpected-4q-loss-chairman-to-step-down.html

Sumco Shares Plunge in Tokyo on Wider Loss Forecast

Dec. 8 (Bloomberg) -- Sumco Corp. plunged by the most in more than two years in Tokyo trading after the silicon-wafer maker widened its full-year loss forecast to 66 billion yen ($789 million) from 12 billion yen. Credit Suisse AG cut its rating on the company to “underperform.”

Sumco Shares Plunge in Tokyo on Wider Loss Forecast

Backlink: http://www.businessweek.com/news/2010-12-07/sumco-shares-plunge-in-tokyo-on-wider-loss-forecast.html