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Hitachi losses grow, hope on hard drive turnaround
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Yahoo! Singapore
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May 14, 2008
TOKYO, May 13 (Reuters) - Japan's Hitachi Ltd (6501.T: Quote, Profile, Research) tumbled to a quarterly loss on slow TV sales and a tax writedown but said on Tuesday it would rebound to a profit this year on a recovery in hard drives, pushing its shares up 6 percent. Japan's biggest industrial elect...
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