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Panasonic reverses its fortunes amid electric vehicle boom

05
Feb
2014

Not every struggling company story has to have a depressing ending. Though its troubles are far from over yet, Panasonic has just announced 73.7 billion yen ($730 million) in net earnings for Q3. Thats up 20 percent over last year, a disastrous period that saw nearly $10 billion in full-year losses and painful company-wide layoffs.

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