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Thursday, May 19, 2011

Japanese Stocks Decline as Economy Shrinks More Than Forecast - Businessweek

Japanese Stocks Decline as Economy Shrinks More Than Forecast - Businessweek: "Japan’s largest bank by market value, declined 2.1 percent. Tokyo Electric Power Co., the operator of the Fukushima Dai-Ichi nuclear power plant damaged in the record earthquake in March, tumbled 8 percent. Dainippon Screen Manufacturing Co., a chip equipment maker, plunged 5.3 percent after Goldman Sachs Group Inc. cut its rating on chipmaker Intel Corp."

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