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Toyota lifts profit outlook as weak yen offsets Japan slump
2015-02-04 09:07:56| Automakers - Topix.net
Toyota Motor Corp lifted its operating profit guidance on Wednesday in a widely expected move, as a weaker yen increases the value of sales overseas and makes up for slumping demand at home. The yen's decline has been a boon for Toyota, which exports roughly half of its vehicles produced in Japan.
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Deckers misses profit forecast, cuts outlook
2015-01-30 00:25:28| Footwear - Topix.net
Deckers Outdoor Corp., the maker of UGG boots, has lowered its earnings guidance for the March quarter, mostly due to currency exchange rates. Deckers expects results to be break-even on a per-share basis, compared with prior guidance of a 15-cent profit.
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Sherwin-Williams boosts full-year profit outlook
2015-01-29 15:18:53| Chemicals - Topix.net
Sherwin-Williams Co. boosted its outlook as it said its sales increased in the most recent quarter, with the company's paint-stores group delivering the strongest growth.
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UPDATE 2-Japan's Marubeni halves profit outlook on oil price slide, Gavilon
2015-01-26 16:31:03| Chemicals - Topix.net
Japanese trading house Marubeni Corp halved its annual profit forecast on Monday after plunging oil, copper and coal prices weighed on its resource assets and it booked an impairment charge for its grains unit Gavilon. Like international oil majors and mining companies, Japan's trading companies have been caught flat-footed by the rout in commodities, with oil down as much as 60 percent and copper falling about 25 percent since the middle of last year.
Japan's Marubeni halves profit outlook on oil price slide, Gavilon
2015-01-26 14:06:15| Grocery - Topix.net
Japanese trading house Marubeni Corp on Monday halved its net profit projection for this business year, booking losses on resource assets due to falls in oil, copper and coal prices. It is now forecasting a net profit of 110 billion yen for the year ending in March, compared with its earlier forecast of 220 billion yen.
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