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NewsWhore
03-30-2009, 09:40 PM
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IHI Shares Surge After Company Narrows Annual Loss Forecast (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Dai0LeE18CUqE%26refer%3Djapan&cid=0&ei=uHXRSajmF4SsjAekr4mhBQ&usg=AFQjCNFZKTZ09V0mYIgOBjx_cmfMssZFGg)
Bloomberg
The Japanese currency has fallen below IHI’s forecast, boosting profitability of the company’s ship and marine division, the company said. The new outlook was based on the exchange rate of 97.8 yen a dollar, weaker than the earlier forecast of 90 yen, ...


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