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Nissan operating profit rises 25%; Ghosn charge booked

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Feb 12, 2019 5:12 AM 2+ mon ago

Nissan operating profit rises 25%; Ghosn charge booked

By contrast, U.S. spiffs at Japanese rivals Toyota, Honda, Mazda, Subaru and even Mitsubishi were all below Nissan's in the October-December period. Each of those makers, with the exception of Honda, also managed to dial back incentive spending in the quarter.

Vehicles stocks at the Nissan Group declined to a 51-day supply on Jan. 1, from 53 days in October and 66 in December 2017, according to the Automotive News database. On Jan. 1, the Nissan and Infiniti brands had 290,200 vehicles in inventory, up from 259,500 on Oct. 1.

Nissan's European unit, meanwhile, swung to an operating loss of 7.3 billion yen ($66.2 million) in the fiscal third quarter, from an operating profit of 2.0 ...

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Nissan operating profit rises 25%; $84M Ghosn charge recorded

Nissan operating profit rises 25%; $84M Ghosn charge recorded

autonews.com     2+ mon ago

By contrast, U.S. spiffs at Japanese rivals Toyota, Honda, Mazda, Subaru and even Mitsubishi were all below Nissan's in the October-December period. Each of those makers, with the ...

Nissan?s Ghosn denies every charge

atimes.com     3+ mon ago

Nissan s Ghosn denies every charge The executive and his lawyer launch a combative defense, but systemic odds in Japan s judicial system are stacked against them ...

Retailer Carrefour H1 operating profit rises though...

dailymail.co.uk     8+ mon ago

PARIS, July 26 (Reuters) - Carrefour posted a stronger-than-expected 5.8 percent rise in first-half operating profits, as robust international operations offset weakness in its core French market amid...

Nissan slashes profit amid Ghosn scandal, lagging sales

Nissan slashes profit amid Ghosn scandal, lagging sales

washingtontimes.com     8+ hour, 29+ min ago

Nissan Motor Co. is expecting to post a 319 billion yen profit ($2.9 billion) for the fiscal year, marking a 22 percent drop from its earlier 410 billion yen ($3.7 billion) profit ...

Nissan slashes profit amid Ghosn scandal, lagging sales

federalnewsnetwork.com     9+ hour, 6+ min ago

Nissan Motor Co. expects to post a 319 billion yen ($2.9 billion) profit for the fiscal year, marking a 22% drop from its earlier 410 billion yen ($3.7 billion) forecast. Nissan said the downgrade re...

Encana adjusted operating profit rises on higher...

dailymail.co.uk     8+ mon ago

Aug 1 (Reuters) - Canadian oil and gas producer Encana Corp on Wednesday posted a 10 percent rise in adjusted operating profit, helped by an increase in production and higher selling prices for crude....

Nissan slashes profit amid Ghosn scandal, lagging sales

Nissan slashes profit amid Ghosn scandal, lagging sales

wtop.com     8+ hour, 54+ min ago

Nissan Motor Co. said Wednesday it expects to post a 319 billion yen profit ($2.9 billion) for the fiscal year, marking a 22 percent drop from its earlier 410 billion yen ($3.7 bil...

Nissan slashes profit amid Ghosn scandal, lagging sales

seattletimes.com     9+ hour, 8+ min ago

Nissan Motor Co. said Wednesday it expects to post a 319 billion yen profit ($2.9 billion) for the fiscal year, marking a 22 percent drop from its earlier 410 billion yen ($3.7 billion) profit forecas...

Nissan slashes profit amid Ghosn scandal, lagging sales

abcnews.go.com     9+ hour, 16+ min ago

Nissan has lowered its profit forecast for the fiscal year through March as the Japanese automaker, contends with slowing sales and the fallout from the loss of its former chairman, Carlos Ghosn. Nis...

Telecoms group Orange's Q3 core operating profit rises...

dailymail.co.uk     5+ mon ago

PARIS, Oct 25 (Reuters) - Orange, France's number one telecoms operator, reported on Thursday a 3 percent increase in its third quarter core operating profit, driven by continued growth in its home co...

Toyotas third-quarter operating profit rises 0.4 percent

Toyota's third-quarter operating profit rises 0.4 percent

cnbc.com     2+ mon ago

A Toyota Motor worker at the production line in the company's Motomachi plant in Toyota City, Aichi, Japan, on July 26, 2018. Toyota Motor on Wednesday reported a 0.4 percent rise...

Auckland Council operating 'profit' rises to $660 million

stuff.co.nz     7+ mon ago

Stuff. "It means we're in a cost-pressure environment where we've put aside $26 billion (over 10 years) for capital expenditure." "The b...

Nissan downgraded on weak profit outlook after Ghosn arrest

autonews.com     2+ mon ago

The American public is still very afraid of self-driving cars Dealers, automakers should re-examine graduate buyer programs, educate customers KEVIN BUCKLAND and MA JIE Nissan's sales in the U.S. p...

Carlos Ghosn: Former Nissan boss hit with fresh charge

Carlos Ghosn: Former Nissan boss hit with fresh charge

bbc.co.uk     2+ day ago

Former Nissan boss Carlos Ghosn has been indicted by prosecutors in Japan on a fresh charge of aggravated breach of trust. It is the fourth charge brought against Mr Ghosn and rel...

Novartis says fourth-quarter operating profit rises 11 percent

Novartis says fourth-quarter operating profit rises 11 percent

cnbc.com     2+ mon ago

Novartis says Q4 operating profit rises 11 pct Published 6 Mins Ago Qilai Shen...

Nissan slashes profit forecast as Ghosn arrest hurts brand appeal

autoblog.com     3+ hour, 6+ min ago

TOKYO -- Nissan cut its profit forecast for the fiscal year through March on Wednesday to reflect slowing sales, higher costs and the fallout from a criminal investigation of its former chairman, Carl...

PNC Financial quarterly profit rises 25 pct

reuters.com     9+ mon ago

PNC Financial quarterly profit rises 25 percent Reuters Staff 1 Min Read (Reuters) - PNC Financial Services Group Inc (PNC.N) on Friday posted a 25 percent rise in quarterly profit, as the U.S. region...

PNC Financial quarterly profit rises 25 pct

dailymail.co.uk     9+ mon ago

July 13 (Reuters) - PNC Financial Services Group Inc on Friday posted a 25 percent rise in quarterly profit, as the U.S. regional bank earned more from higher interest rates and fee income rose. Net i...

Renault, Nissan prepare to move on as heat rises on Ghosn

Renault, Nissan prepare to move on as heat rises on Ghosn

yahoo.com     5+ mon ago

Renault, Nissan prepare to move on as heat rises on Ghosn Joseph Schmid with Kyoko Hasegawa and Hiroshi Hiyama i...

UPDATE 1-Encana adjusted operating profit rises on higher production

reuters.com     8+ mon ago

Encana adjusted operating profit rises on higher production Reuters Staff 1 Min Read (Reuters) - Canadian oil and gas producer Encana Corp (ECA.TO) on Wednesday posted a 10 percent rise in adjusted op...

Telecoms group Orange's Q3 core operating profit rises 3 pct

uk.reuters.com     5+ mon ago

PARIS, Oct 25 (Reuters) - Orange, France's number one telecoms operator, reported on Thursday a 3 percent increase in its third quarter core operating profit, driven by continued growth in its home co...

Ex-Nissan boss Carlos Ghosn hit with fresh charge in Japan

theguardian.com     2+ day ago

Japanese prosecutors indicted former Nissan chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention...

Former Nissan boss Carlos Ghosn hit with fresh charge in Japan

theguardian.com     2+ day ago

Japanese prosecutors indicted former Nissan chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention...

Ex-Nissan Chairman Ghosn indicted on aggravated breach of trust charge

reuters.com     2+ day ago

TOKYO (Reuters) - Japanese prosecutors indicted former Nissan Motor Co Chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against h...

British life insurer Legal & General 2018 operating profit rises 10 percent

British life insurer Legal & General 2018 operating profit rises 10 percent

cnbc.com     1+ mon ago

UK and US should drop quarterly reports, Legal & General CEO says 3:47 AM ET Wed, 6 March 2019...

Telecoms group Orange's third-quarter core operating profit rises 3 percent

finance.yahoo.com     5+ mon ago

PARIS (Reuters) - Orange, France's biggest telecoms operator, strengthened profits in the third quarter despite heavy competition in its home country and Spain that dented sales growth. The results, ...

Adding to Ghosn woes, Nissan set to further slash profit outlook: report

reuters.com     11+ hour, 44+ min ago

TOKYO (Reuters) - Nissan Motor Co Ltd could be heading for a bigger-than-expected earnings drop due to weakness in its top markets, just as it adjusts to a future without Carlos Ghosn and grapples wit...

Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low

reuters.com     9+ hour, 13+ min ago

TOKYO (Reuters) - 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 chart...

Georgia's top retail lender TBC Bank H1 profit rises 25...

dailymail.co.uk     8+ mon ago

Updated: 02:24 EDT, 20 August 2018 Aug 20 (Reuters) - Georgia's TBC Bank Group Plc posted a 25.2 percent rise in half-year pretax profit on Monday, as lending...

Nissan chairman Carlos Ghosn voted out

Nissan chairman Carlos Ghosn voted out

axios.com     5+ mon ago

Nissan's board voted chairman Carlos Ghosn out after he admitted to engaging in financial misconduct earlier this week, The Wall Street Journal reports. The details: Ghosn and rep...

Nissan shares fall on Ghosn arrest

Nissan shares fall on Ghosn arrest

bbc.co.uk     5+ mon ago

...

Nissan shareholders vote Ghosn off board

Nissan shareholders vote Ghosn off board

autonews.com     2+ week ago

Ghosn's lawyers contend he never signed written agreements that he was to receive any deferred payments after retirement. TOKYO -- Carlos Ghosn was voted off the Nissan Motor boar...

Carlos Ghosn denies Nissan misconduct claims

Carlos Ghosn 'denies' Nissan misconduct claims

bbc.co.uk     4+ mon ago

Former Nissan chairman Carlos Ghosn has denied misconduct allegations, according to media reports in Japan. Claims against the businessman, who led the Renault-Nissan alliance, in...

Nissan delays decision on Ghosn successor

reuters.com     4+ mon ago

TOKYO (Reuters) - A Nissan Motor Co (7201.T) panel on Tuesday failed to nominate a successor to Carlos Ghosn as chairman in the wake of his arrest and dismissal for alleged financial misconduct last m...

Shareholders Oust Ghosn From Nissan Board

newser.com     2+ week ago

(Newser) - Nissan shareholders approved on Monday the ouster from the Japanese automaker's board of former chairman Carlos Ghosn, who faces allegations of financial misconduct. The approval was shown ...

Former Nissan chairman Carlos Ghosn charged

Former Nissan chairman Carlos Ghosn charged

news.sky.com     4+ mon ago

The car boss, known as "Le Cost Killer", has been held since last month over claims that he under-reported his income. Carlos Ghosn is 64 and has driven recovery at the Renault an...

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