Sony News Pop: Japan's Olympus to Raise up to $1.17 Billion in Share Issue

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Sony News Pop: Japan's Olympus to Raise up to $1.17 Billion in Share Issue

Sony News Pop: Japan's Olympus to Raise up to $1.17 Billion in Share Issue
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Sony News Pop: Japan's Olympus to Raise up to $1.17 Billion in Share Issue

by Wochit 1:02 mins

Sony News Pop: Japan's Olympus to Raise up to $1.17 Billion in Share Issue

by Wochit 1:02 mins

Japan's Olympus Corp said it will raise up to $1.17 billion in a new share issue to expand its medical equipment business and rebuild its financial health, after an accounting scandal plunged the company into the red. The PS Vita?has found a new lease on life, while the Wii U continues flatlining in Japan. This could have a profound impact on how powerful Japanese game developers map out their 2014 and 2015 software strategies. Barry Manilow closed the show at the PBS' 33rd annual A Capitol Fourth celebration in Washington, D.C. with a bang.The 70-year-old performed classics, like show-closer "Let Freedom Ring," to a crowd of thousands. The festivities also included a performance from Neil Diamond (who sang "Sweet Caroline" to honor the victims and survivors of the Boston Marathon bombing), selections from Lincoln played by the National Symphony Orchestra and a fireworks display. This wasn't Manilow's first time headlining the Capitol Fourth presentation?back in 2009 he led the show and was requested this year by popular demand.

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