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View Full Version : Canon Default Swaps Drop as Europe Optimism Curbs Yen Gains: Japan Credit - Bloomberg



NewsWhore
10-17-2011, 12:10 PM
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Canon Default Swaps Drop as Europe Optimism Curbs Yen Gains: Japan Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF81OHz0JhjyAzq8dT4BoW9ndyHYA&url=http://www.bloomberg.com/news/2011-10-17/canon-default-swaps-drop-as-europe-optimism-curbs-yen-gains-japan-credit.html)
Bloomberg
Canon, second only to Nippon Sheet Glass Co. on the benchmark Nikkei 225 Stock Average in percentage of revenue generated in Europe, estimates it loses 5.3 billion yen in sales for every 1 yen gain by the Japanese currency against the euro. ...

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