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Toyota posts first-ever annual loss

Source: Times of India

Tōkyō : Japan | 7 months ago

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Toyota Motor, the world's largest automaker, announced Friday an annual net loss of 436.9 billion yen (4.4 billion dollars), its first ever, and warned it would fall deeper into the red this year. Toyota president Katsuaki Watanabe blamed "the significant deterioration in vehicle sales particularly...

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News Stories

Financial Times: Toshiba fightback with share sale

News Source: Androscoggin News | 7 months ago

May 9 2009 03:00 Last updated: May 9 2009 03:00 Toshiba yesterday said it aimed to sell Y500bn ($5bn) in new bonds and shares, with most of the new shares aimed at the general public, in a test of Japanese investor sentiment.
Asahi Shimbun, Japan: Nintendo's record profit bucks trend

News Source: Androscoggin News | 7 months ago

Nintendo Co. has defied the financial gloom engulfing the country's electronics makers by posting a record annual net profit of 279 billion yen for fiscal 2008--up 8.5 percent from 2007. The result was driven largely by the success of its DS and Wii...
Toyota predicts billions in losses, McDonald's April same-store sales rise

News Source: Austin America-Statesman/Texas Longhorns | 7 months ago

Toyota Motor Corp. reported its worst annual loss since its 1937 founding and forecast even more red ink in the year ahead. The world's largest automaker predicted a $5.5 billion net plunge for its fiscal year. Toyota suffered a net loss of $4.4...
Toyota posts 1st annual loss since ’50

News Source: The San Antonio Express-News | 7 months ago

Toyota Motor Corp. reported Friday its first annual loss in 59 years — the worst loss since its 1937 founding. That brings Toyota’s fiscal year loss to a larger-than-expected 436.94 billion yen or $4.4 billion, a dramatic reversal from the record...
Toyota skids on a record loss and debt downgrade

News Source: The independent | 7 months ago

Toyota, the world's largest car maker, has reported its worst financial results ever and has seen its credit rating downgraded. The Toyota Motor Corporation lost ¥765.8bn (£5.1bn) in the first three months of 2009, bringing the loss for the year to...
Treasurys rise after April jobs data

News Source: San Diego Union-Tribune | 7 months ago

Treasury prices rose Friday after mixed economic data led investors to buy back into government debt. The Labor Department's April jobs report was somewhat reassuring to investors worried about the economy. The 539,000 drop in U.S. jobs was smaller...