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0 0.000148084020595065 -1.13910785073027E-05 -0.00128719187132637 -0.00330341276712077 0.00145805804893604 0.00145805804893604 0.00145805804893604
Stock impact report

Nissan warns of £4bn loss as costs rise and Trump tariffs loom [Yahoo! Finance]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
The expected loss at Japan's third-largest carmaker is almost 10 times the figure it had previously guided. Nissan has been struggling for several years with leadership turmoil and falling profits . Its latest efforts to turn around the business include making deep cost cuts, but come with the car industry facing deep uncertainty over the direct and indirect effects of Donald Trump's tariffs Nissan said it expected lower sales this year of 3.35m, down from 5m in 2019, blaming “changes in the competitive environment and deterioration in sales performance”. The company did not explicitly blame tariffs. The profit warning is the first significant move by Ivan Espinosa, the Mexican who was named last month as chief executive after two decades at the company. His appointment was announced after Makoto Uchida was forced out when an attempt to merge with Japanese rival Honda fell through in February. Espinosa said: “We are taking the prudent step to revise our full-year outlook, ref Show less Read more
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