Olympus stocks tumble after reporting cash troubles

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Source: Marketwatch
On Monday Olympus Corp. Japanese producer of medical equipment and cameras experienced a sharp decline in share price after country media inclined cash troubles. Japan's prosecutors are going to search Olympus headquarters this week. Olympus Corp. stocks lost 7.4% on Monday morning session. Olympus also revealed to lenders that its cash reserves may expire by 2015.

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Mon, 19 Dec 2011 11:59:46 GMT

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