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



NewsWhore
04-03-2008, 10:50 PM
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Alps Electric Shares Decline After Lower Profit Forecast on Yen (http://news.google.com/news/url?sa=T&ct=us/6-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Day0d1JLizWo0%26refer%3Dasia&cid=1148115833&ei=qpf1R6-dNore-wHcvJ3SCQ&usg=AFrqEzcxEUr5SO_vAhWKMTzWLA9mip4h5w)
Bloomberg - 1 hour 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.


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