Nissan slides on poor earnings
China Daily | Updated: 2008-08-05 07:44
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Workers make final checks on new Nissan vehicles at the company's Kyushu Plant in Kanda Town, Fukuoka Prefecture, Japan. Bloomberg News |
Nissan Motor Co, Japan's third-largest automaker, fell to the lowest in more than five years after profit declined more than analysts estimated, as it wrote down the value of leased vehicles. Three brokerages cut their price targets for the stock.
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