Nissan Motor Co Ltd (7201.T)
25 Apr 2019
German shares hit their highest in 6-1/2 months on Wednesday, outperforming their European peers as a surge in software firm SAP helped technology post their best days since August 2015, while the broader market ticked lower as a dip in crude prices weighed on oil majors.
* Auto stocks fall after Nissan cuts profit forecast (Updates to closing)
TOKYO Nissan Motor Co slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts to life without Carlos Ghosn and charts its future with alliance partner Renault SA. | Video
* Ghosn could hear bail application decision as early as Wednesday (Adds CFO comment, details)
European shares pulled back from eight-month highs on Wednesday as worries over China putting policy-easing measures on hold offset upbeat earnings in the region from Credit Suisse and SAP.
April 24 European shares pulled back from eight-month highs on Wednesday as worries over China putting policy-easing measures on hold offset upbeat earnings in the region from Credit Suisse and SAP.
* Nissan plunges 4 pct; cuts earnings outlook after market close
* Topix volume has fallen short for 3 days before big holiday
TOKYO, April 24 Nissan Motor Co will announce on Wednesday a large-scale cut to its earnings outlook for the fiscal year that ended in March, TV Tokyo reported, adding to the company's woes as it grapples with the arrest of former Chairman Carlos Ghosn.
April 22 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: