Advertisement
YOU ARE HERE: LAT HomeCollectionsSecurities

PACIFIC WATCH

Japan

November 07, 1994|From Times Staff and Wire Reports

Nissan Motor Shares Fall 3.3% on Loss Expectation: Nissan Motor Co. shares took a dive after the auto maker said it expects a loss of $616 million for the year ending March 31, 1995. The company's forecast, announced after the stock market closed Friday, surprised traders and investors, said Daniel Zbinden, sales manager at Kleinwort Benson International Inc. Nissan had previously said it would break even at the current level, which is before tax and extraordinary items.

Advertisement
Los Angeles Times Articles
|
|
|