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FEB 01, 2013 - Washington Times

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Panasonic returns to profit on cost cuts, yen drop

TOKYO (AP) - Japanese electronics maker Panasonic Corp. returned to the black last quarter as cost cuts and a weaker yen offset sliding sales.Panasonic is among the Japanese electronics makers battered by price plunges in gadgets and hot competition from more successful rivals such as U.S. manufacturer Apple Inc. and ...

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