Epson Shares Plummet July 30, 2007 08:50 by John Sollars

Shares of Seiko Epson Corp., the world's second-biggest maker of inkjet printers, headed for their biggest decline in almost two years after Credit Suisse Group cut the stock's investment rating to ``underperform.''

The stock plunged 11 percent to 3,400 yen as of 10:30 a.m. on the Tokyo Stock Exchange, headed for the biggest drop since September 20

This, following hot on the heels of Lexmark and Xerox both reporting tough trading over the past quarter must say something about trading conditions globally.

Share

About John Sollars

+John Sollars is the owner and MD of Stinkyink.com. He started the business in 2002 with absolutely no knowledge of how the internet worked - only a burning desire to be in on the cutting edge!. Stinkyink.com has been regularly among the top performing companies in Shropshire as winners and runners up in the Shropshire Chamber of Commerce Best Business competitions. The business has been recognised by both Investors in People (IIP) and also British Standards Institution (BSI) with ISO9001:2008. John is passionate about business and especially small businesses. He is a regular blogger and contributor to blogs about Printing, Small Business and Search Engine Optimisation

Interested in our writers? Come Meet the Stinkyink Editor's Team!

Cee67137d0731a0db8a06a2fe6dd9fd5
This story was posted on July 30, 2007 08:50 and is filed under Epson Printing


Version: 2.5.10