Panasonic Profit Forecast Misses Analyst Estimates On TVs

Pedestrians walk past a Panasonic Corp. advertisement displayed outside the company’s Tokyo headquarters in Tokyo, Japan, on Friday, May 10, 2013. Panasonic Corp. forecast annual profit that missed analyst estimates after Japan’s second-biggest television maker continued to lose market share to Samsung Electronics Co. and LG Electronics Inc. Photographer: Tomohiro Ohsumi/Bloomberg