Nissan's profit plunges 54%: job cuts, new models lead recovery plan; sales target delayed
Article Abstract:
First-quarter net profit for Nissan Motor Company Ltd. fell by 54%; contributing factors are identified. To boost recovery, the firm plans to launch 11 vehicle models, both new and redesigned, along with implementing workforce reductions and setting a stronger focus on emerging markets.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Rolls-Royce profit slides: raw-material costs, weaker dollar hurt; outlook is optimistic
Article Abstract:
Full-year net profit for Rolls-Royce Ltd. dropped 39% to $1.19 bil, due in part to increased prices for raw materials and a weak dollar. However, the company predicts continued strong sales for its jet-engine business.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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