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Sharp’s forecast profit margin drops by half

The Japanese company Sharp has revised its forecast for earnings last year, and has also reduced its expected full-year profit by 48%. It is believed that a big factor for the downturn is decreased demand as a result of the COVID-19 outbreak. Major shifts are happening across the worldwide market …

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HMV linked with Apollo in potential buyout

HMV

HMV’s future is looking increasingly shaky, with the most recent speculation coming in that Apollo Global Management could be set to buy up the ailing technology and media retailer. Share prices have continued to crash in recent weeks, seeing it drop to mere pence. While this means that any buyout …

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