A visitor is seen at a Nissan Motor Corp. showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei Katoshares slumped as much as 12.2% on Wednesday to their lowest in five months after the Japanese automaker's weaker-than-expected guidance for the current fiscal year.
Nissan CEO Uchida said on Tuesday that the automaker foresees an operating profit even as it faces a huge impact from business risks including semiconductor supply issues. He added that the company will give updates on its outlook guidance after the first quarter. "While global OEMs continue to post strong results, Nissan's slow recovery stands out, though the low-ball guidance may include an impression strategy while aiming for an upward revision ahead," Jefferies analyst Takaki Nakanishi wrote in a note, adding that the stock's fall will be short-lived.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FDA Approves Pfizer Vaccine For 12- To 15-Year-Old ChildrenThe COVID-19 vaccine is the first to be authorized for kids under age 16 in the U.S.
Source: HuffPostParents - 🏆 414. / 53 Read more »
12 Unique and Thoughtful Wedding Gifts You Won't Believe We Found on AmazonWe kind of want these items all for ourselves.
Source: POPSUGARMoms - 🏆 117. / 63 Read more »
12 Flower Delivery Services to Help You Celebrate 2021 GraduatesA simple and sweet gesture that also smells rlly good 💐🎓 We remember TeenVoguesRacism in how you let racist staff use the N-word and push your black American staff out of a job Will you speak about the SystemicRacism problem your company has Or address TeenVoguesRacism Yet another day yet another time teenvogue refused to address TeenVoguesRacism
Source: TeenVogue - 🏆 481. / 51 Read more »
Covid-19 Vaccine Data on Children Under 12 Expected by Late Fall, Officials SayThere will likely be enough evidence by late fall this year to potentially extend the use of Covid-19 vaccines to many children under age 12, Biden administration health officials told a U.S. Senate panel Child abuse. 🇺🇸 Because science or something. Who knows. Just take it already. Samuel L Jackson said so
Source: WSJ - 🏆 98. / 63 Read more »
Pfizer says COVID-19 vaccine 100% effective in children ages 12 to 15The change 'allows for a younger population to be protected from COVID-19, bringing us closer to returning to a sense of normalcy and to ending the pandemic,' officials said. Bah They want a wider sampling of rats
Source: TODAYshow - 🏆 389. / 55 Read more »