|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11.22 - 11.27|
|52-week range||8.15 - 14.75|
|Beta (5Y monthly)||1.08|
|PE ratio (TTM)||17.52|
|Forward dividend & yield||0.18 (1.62%)|
|Ex-dividend date||30 Mar 2021|
|1y target est||N/A|
Panasonic has a mixed history in acquisitions, but the Japanese conglomerate insisted its $7.1bn purchase of Blue Yonder was worth the steep price, as the deal will help address its biggest weakness in software capability. The sense of crisis driving Panasonic’s move is pervasive across Japanese companies, which once thrived in the era of consumer electronics hardware. “As everything becomes digital, it’s becoming increasingly difficult to differentiate through hardware,” Yasuyuki Higuchi, a Panasonic executive who heads its connected solutions business, said in an interview.
Panasonic announced today that the company will release the firmware update programs for the LUMIX G Series mirrorless cameras to enhance the functions and usability. These updates, along with announcements of the forthcoming LUMIX GH5M2 and the development of the GH6, reinforce Panasonic's commitment to further enhancing the G Series lineup and performance of conventional Micro Four Thirds mirrorless cameras and lenses. Firmware updates will continue to be released as LUMIX's prominent value-added service.
The electrification of the automotive industry has hit the fast lane, and for that we have Tesla (NASDAQ: TSLA) to thank. The company and its CEO Elon Musk are at times lightning rods for controversy, but it is hard to deny the impact they have had on the industry. Musk's vision for Tesla from the start was to prove to the world that electric vehicles (EVs) could be economically viable if done right, and by all accounts he has succeeded.