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Tokyo Falls 2%; Bridgestone, Toyota Decline |
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Author: 123jump.com Staff
123jump.com
Last Update: 4:41 PM EDT May 09 2008
Nikkei 225 index in Tokyo trading fell 2.1% after weak earnings from Bridgestone and weaker outlook from Olympus and Toyota rattled investors. Toyota lowered its net sales and income for the current fiscal year. Bridgestone reported 1% decline in profit. Takeda Pharmaceuticals and Olympus lowered its outlook for the current fiscal year. In stock trading, utilities declined on record crude oil prices. Yokogawa Electric plunged 10% and led decliners in the index. |
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