Monday, October 17, 2011

Olympus shares fall into troubled waters

Full Story: BBC Business

The firing of Michael Woodford, the first non-Japanese CEO of Olympus and subsequent claims and counter-claims have raised concerns about the future of the Japanese camera and medical equipment maker. And this has adversely affected the Olympus in the share market, where its shares dropped for a second day toady.The company's shares fell 24% on the Tokyo Stock Exchange on Monday, following an 18% drop on Friday. Read full story for details ..

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