Friday, June 18, 2010

Japan Wind Development Shares Set to Fall in Tokyo - Bloomberg.com

Japan Wind Development Shares Set to Fall in Tokyo - Bloomberg.com

Japan Wind Development Co. shares were untraded and poised to fall after the wind-power developer said it will be placed on a so-called monitoring post by the Tokyo Stock Exchange.

The shares were offered at 167,600 yen as of 9:17 a.m. in pre-market trading, lower than yesterday’s close of 183,600 yen.

The company is likely to fail to meet a TSE deadline to file its earnings auditing report because it changed its auditor, it said in a filing after markets closed yesterday.