Hasta La Creative!

The trend is quite weird but the sudden rise in share prices for Pioneer Corp., seems to be contradictive. Days after declaring that they would stop manufacturing flat panel TVs, Pioneer Corp shares rose to the highest in eight sessions in Tokyo trading after the Nikkei newspaper reported that the company will stop development of televisions.

Tokyo-based Pioneer, which posted net losses in each of its past four business years, said on the same day as the report was published it plans to make an announcement about restructuring its business on Feb. 12, when it’s scheduled to announce earnings.

(Source) Bloomberg