TEPCO shares down nearly 10% Tuesday over Fukushima

Published: May 17th, 2011 at 7:59 pm ET


TEPCO shares down over 9%, NHK, May 17, 2011:

[…] TEPCO shares ended the day at 380 yen, or about 4.7 dollars, falling below 400 yen at closing for the first time in 40 days. Stock prices for other utilities also plunged.

Moody’s Investors Service said it downgraded TEPCO’s rating by 2 notches because it’s unclear how the Japanese government will help the utility pay huge amounts of compensation to people affected by the Fukushima nuclear plant accident. […]

Published: May 17th, 2011 at 7:59 pm ET


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36 comments to TEPCO shares down nearly 10% Tuesday over Fukushima

  • tony wilson

    who cares all i know is the japanese government and tepco execs [REMOVED BY MODERATOR].
    i would suggest a [REMOVED BY MODERATOR],but since these bastards are spineless clueless cowards i think [REMOVED BY MODERATOR].
    then fed fresh nuke seawater,succulent rad fish.
    and some pluto leafy veg.

    here is a tepco style management sketch.


    * Edited by moderator for explicit content. Please keep posts a little less violent.

  • norral

    ha too funny. yes i think your course of action is appropos.

  • Noah

    The Obama Administration has undertaken a effort to support falling TEPCO shares.

    It is encouraging to see the White House has it’s priorities in order in light of the radiological contamination of the entire nation.

  • Anthony

    Japan apologizes for radioactive contamination at WHO meeting

    GENEVA, May 18, Kyodo

  • Anthony

    Paladin Says Japan Crisis Has Created Acquisition Opportunities

    “Kazakhstan, Namibia, Niger, Australia and Canada are the major uranium provinces we believe, and there is potential within those regions,” he said.

    Paladin rose 2.3 percent to A$3.15 at the 4:10 p.m. close in Sydney, compared with a 0.7 percent gain for the benchmark S&P/ASX 200 Index. Paladin has dropped about 35 percent since March 10 and is valued in Sydney at A$2.4 billion.

    Uranium demand may fall about 5 percent in the “short to mid-term,” he said. Even so, the crisis may exacerbate a uranium supply shortage as explorers struggle to gain financing to proceed with their projects, Borshoff said earlier today on a conference call with analysts.

    ‘Nuclear Revival’

    “The major drivers to the nuclear revival, such as China, India, Korea, Russia and the Middle East, remain committed” to expansion, he said. The Japan disaster has obscured the “positive underlying fundamentals,” he added.

    Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/05/17/bloomberg1376-LLC04B0YHQ0X01-1C2DT1PLF727RQ56CB6VP17MQF.DTL#ixzz1Mf53Syfx

  • hawkeye

    the new go to word will be
    the radiation purculated out of the black hole
    the reactor sink is seen puculating a wee bit of smoke
    busted reactors will be changed to ,,purculators

  • Anthony

    Atomic watchdog to probe Japan nuke crisis
    May 17, 2011 – 8:19PM


    The UN atomic watchdog will send an international team of experts to Japan next week to probe the crisis at the stricken Fukushima nuclear plant.

    The Tokyo Electric Power Company said its plan to bring the crisis at the plant to an end was on schedule despite signs that damage to the facility was worse than thought.

    “The mission, comprising nearly 20 international and IAEA experts from a dozen countries, will visit Japan between May 24 and June 2,” the International Atomic Energy Agency said in a statement.
    Advertisement: Story continues below

    The team will be headed by Mike Weightman, chief inspector of nuclear installations in Britain, and will conduct fact-finding activities in Fukushima and other locations, the statement said.

    “The expert mission will make a preliminary assessment of the safety issues linked” with the accident at Fukushima triggered by the devastating earthquake and tsunami on March 11, it said.

    “During the mission, areas that need further exploration or assessment based on the IAEA safety standards will also be identified.”

    Meanwhile, the operator of the Fukushima Daiichi nuclear power station said it still expected to reduce radiation leaks by July and achieve a stable cold shutdown by January at the latest, in accordance with plans announced last month.


  • hawkeye

    and the melted core will be changed to ,, java,,

  • Anthony

    GE defends reactors in Japan nuclear crisis

    The Japan nuclear crisis has brought scrutiny on GE, but the world’s biggest nuclear-equipment supplier has maintained that its containment vessel design is reliable.


  • hawkeye

    translation, we will have to remove grounds from bottom of purculator
    remove cup and have cold java,new years party

  • hawkeye

    and its going to get worse

  • hawkeye

    atomic watch dog
    theres an oxymoron
    move along nothing too see

  • hawkeye

    it would be better to send in underdog

  • hawkeye

    the never ending nightmare

  • Steven

    Apparently there is a way to avoid radiation exposure due to injestion and inhalation… it requires the application of Radical Posture Therapy (RPT) which it seems politicians, nuclear power executives, physicists and mainstream media chiefs are using with some success.

    It involves bending forward from a standing position and carefully inserting one’s head up one’s butt.

  • Jack

    new World Odor today announced the Universal International
    Currency, backed by commoditized Live Human Virgin Blood,
    it is proposed to name this currency the “Quatloo”.

  • Yes Steve–But we’re all going to have to do our stretching exercises: the one where WE lean over and kiss our ass*s goodbye

  • Anthony

    “Under these circumstances, Chief Cabinet Secretary Yukio Edano suggested major banks should waive some of the loans they have extended to TEPCO. Banks, however, voiced strong objections to the request, saying they could not extend new loans to the utility if they forgave loans they have already made.

    It is unacceptable that a top administration official’s remarks have fanned uncertainty and made it difficult for financial markets to maintain trust and confidence in the government. Edano must take this into consideration.“


    (From The Yomiuri Shimbun, May 21, 2011)