PDA

View Full Version : Alps Electric Shares Decline After Lower Profit Forecast on Yen - Bloomberg



NewsWhore
04-03-2008, 09:50 PM
<img alt="" height="1" width="1">
Alps Electric Shares Decline After Lower Profit Forecast on Yen (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Day0d1JLizWo0%26refer%3Dasia&cid=0&ei=nIn1R9j0C4ea9wLjqMzZBA&usg=AFrqEzdWzvkoPGG-xXZx3764awSgZSvbWg)
Bloomberg - 43 minutes ago
... on concern that the US economy is headed for a recession. A stronger yen erodes the value of export earnings when converted into the Japanese currency.


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Day0d1JLizWo0%26refer%3Dasia&cid=0&ei=nIn1R9j0C4ea9wLjqMzZBA&usg=AFrqEzdWzvkoPGG-xXZx3764awSgZSvbWg)