Nissan in line with profit goal
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Nissan Motor Co. Ltd.  is on track to hit its net profit target for the current fiscal year, Chief Executive Carlos Ghosn said on Thursday, after missing last year's target by about 10 percent.
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The company posted quarterly net profit of $904 million and revenue of $6.22 billion, up 29 percent from a year earlier.
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Earnings statement reveals the consumer lender is on the right track.
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ATSUGI, Japan  - The head of Nissan Motor Co. said on Tuesday he was in no rush to add production capacity in North America given lacklustre demand in the U.S. market.
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Shares of Nissan Motor Co surged 12  percent on Monday, poised to post their biggest one-day rise in  7 years after Japan's No. 3 automaker posted a surprise gain in  quarterly profit on a pick-up in global sales.
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The airline is expected to report on Thursday, that it is on track to make an operating profit in the current year to March 2005, however, for the first time in five years.
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Toyota, already the world&#39;s most profitable carmaker, is set to draw level with General Motors as the world&#39;s biggest in terms of sales.
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Profit margins should continue to expand at Oil-Dri.
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However, the decline is not as bad as analysts had expected, and the company raises its profit outlook. By Todd Zaun. TOKYO -- The Honda Motor Co.
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Nissan is to produce a new car at its plant in the North East, which it says will help to safeguard 1,000 jobs.
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Toyota Motor Corp., Japan&#39;s top automaker, made a record operating profit of 866.2 billion yen in the first half of this business year, the company said.
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PARIS, Sep 25 (IPS) - When French car company Renault SA and its Japanese  partner, Nissan Motor Co., announced their intention to build a  joint assembly plant in Tangier, Morocco at an estimated cost of  1 billion euros, it was a substantial enough investment to make  auto industry analysts take notice.
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Nissan Motor Co, Japan&#39;s second- biggest carmaker, said total vehicle sales in the United States next year may be similar to 2004, even as the price of petrol rises and growth slows in the world&#39;s largest economy.
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The money is coming. Profit from where it will go.
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Shares of Nissan Motor Co  surged 14 percent in heavy trade on Monday, posting their biggest one-day rise in seven years after Japan's No. 3 automaker reported a surprise gain in quarterly profit on a pick-up in global sales.
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Sun Microsystems Inc., which turned a rare profit last quarter, is on track to reach its previously stated goal of a 4 percent operating profit margin by the end of the fiscal year, the company's chief financial officer said Tuesday.
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Nissan Motor Co, Japan's second-largest automaker, has abandoned its goal of a seventh straight year of record profits after a 22.6 percent slump in net earnings in the quarter to December.