CAJ Stock Recent News

I've reviewed some Japanese-based companies in my time as a contributor for SA - so when I was asked to take a look at Canon, it seemed logical. Canon shares similarities with some other Japanese giants - in that growth has been stagnant for a long time, and the company is searching for more.

Canon (CAJ) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Camera giant Canon has had an impressive SLR camera lineup since the mid-'70s and has made a successful transition from film-based SLR cameras to the digital realm. The company has been less successful in the mirrorless space but recently picked up the sales numbers.

Europe's second-top court on Wednesday upheld a 28-million-euro ($29.4 million) gun jumping fine against Japanese camera and printer maker Canon for closing a 2016 acquisition before securing EU regulatory approval.

Canon and hundreds of people working through Joseph Gordon-Levitt's HitRecord created an animated short, 'A Forest Haunt,' to showcase the collaborative potential of Canon's AMLOS smart camera conferencing system.