While the U.S. economy continues to face challenges following the presidential election, PIMCO’s Neel Kashkari called out additional headwinds and touted one stock with potential Wednesday on CNBC.
YOKOHAMA, Japan, Nov 6- Counting the cost of anti-Japanese protests in a territorial dispute with China, Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion, and said it had lost share in its biggest market.
YOKOHAMA, Japan, Nov 6- Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion, joining rival Honda Motor, after car sales tumbled in China, the world's biggest autos market, amid anti-Japanese protests over a territorial dispute.
YOKOHAMA, Japan, Nov 6- Nissan Motor Co cut its full-year net profit forecast by 20 percent to 320 billion yen, joining rival Honda Motor, after car sales tumbled in China, the world's biggest autos market, amid anti-Japanese protests over a territorial dispute.
*Toyota shares up 2.2 pct ahead of Q2 results. TOKYO, Nov 5- Toyota Motor Corp nudged its full-year net profit forecast up to $9.7 billion, even as it put the cost of recent anti-Japanese protests and a slowing economy in China, the world's biggest autos market, at lost sales of 200,000 cars.
TOKYO, Nov 5- Toyota Motor Corp raised its full-year net profit forecast to $9.7 billion even after its sales in China, the world's biggest autos market, were battered by a popular backlash against Japan over a territorial dispute.
TOKYO, Nov 5- Japan's Toyota Motor Corp raised its full-year net profit forecast by 2.6 percent to 780 billion yen even after sales in China, the world's biggest autos market, virtually halved following a popular backlash against Japan in a territorial dispute.
*Toyota less likely than rivals to cut FY f'casts on China row. *Toyota shares up 20 pct YTD, easily beating Honda, Nissan. This year has seen improved sales in the United States, Toyota's biggest market, and in Southeast Asia.
BEIJING- Potentially sinister threats to China's ruling Communist Party sit unnoticed in cages perched on a rooftop above a small alleyway in southwestern Beijing.
BEIJING- Potentially sinister threats to China's ruling Communist Party sit unnoticed in cages perched on a rooftop above a small alleyway in southwestern Beijing.
BEIJING/ SHANGHAI, Nov 2- Honda Motor Co Ltd's China car sales plunged 54 percent in October from a year earlier, with the pace of decline accelerating from the previous month as Japanese automakers suffer the backlash from a territorial dispute between Beijing and Tokyo.
*Weak yen boosts exporters, with Honda up 3.3 pct. TOKYO, Nov 2- Japan's Nikkei share average climbed to a one-week high Friday as global cyclical shares such as carmakers rose on improved U.S. economic data. Honda Motor Co climbed 3.3 percent to 2,467 yen and Nissan Motor Co gained 2.1 percent.
BEIJING, Nov 2- Honda Motor Co Ltd's China car sales plunged 54 percent in October from a year earlier, marking the second monthly sales slump as Japanese automakers continue to suffer the backlash from a territorial dispute between Beijing and Tokyo.
DETROIT, Nov 1- Superstorm Sandy's fury caused U.S. auto sales to fall short of expectations in October, but industry executives still see a strong fourth quarter as the housing market improves.
*Ford October sales edge up; Toyota's up 16 pct. While General Motors Co and Chrysler Group LLC both reported their strongest sales for October since the 2007-09 financial crisis, the massive storm that hit the U.S. East Coast took as much as 30,000 vehicle sales out of the mix.
*Ford October sales edge up; Toyota's up 16 pct. DETROIT, Nov 1- General Motors Co and Chrysler Group LLC both reported their strongest U.S. sales for the month of October since the financial crisis sent both U.S. automakers into bankruptcy, but the destruction of storm Sandy will cause the sector to miss overall sales expectations.