Pioneer forecasts even wider net loss, names new president
...wider-than-forecast net loss of 78 billion ($789.9 million) for the year to March 31, blaming the surging yen and the slowing economy . The company is scheduled to nix its unprofitable plasma-panel operations by February and slash 2,000 jobs this fiscal year in order to counter the bleeding, and it looks as if former president Tamihiko Sudo...
