Good buy or good-bye?: Analyst makes a case for buying Nissan shares
Article Abstract:
Nissan Motor's shares are considered a good buy by analyst Steve Usher of Jardine Fleming Securities. Nissan Motor, the second-largest auto manufacturer in Japan, has stabilized its finance through resolving its problems and improvement of its operations, according to Usher. Nissan could also be a promising target for acquisition for having a productive facility in US, strong presence in Europe, over $7 billion in unrealized gains on its land and equity assets, a production and sales network in Asia and a first-rate technology, he adds.
Comment:
Shares are considered a good buy by analyst Steve Usher of Jardine Fleming Securities
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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GM plans to increase its stake in Suzuki Motor to 10%
Article Abstract:
General Motors Corp. (GM) announced that it is raising its share of Suzuki Motor Co. from 3.3% to 10%. The agreement is valued at $318 million. Both firms said that they will further align their manufacturing operations all over the world. Suzuki will specialize in small car design and development for GM. GM will concentrate on midsized and large vehicles. GM will receive 33.6 million new shares from Suzuki under the deal.
Comment:
GM to raise share of Suzuki Motor Co. from 3.3% to 10% in a $318 million deal
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Parts maker roars ahead in wobbly auto sector
Article Abstract:
Japan's recession appears to be expediting a shakeout in the automobile industry, a sector once deemed indomitable. Parts manufacturers' costs are too exorbitant, excess production capacity is damaging profits and the country's traditional keiretsu system hinders badly required restructuring. Furthermore, the international market share of Japanese parts manufacturers is dwindling.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Comment about this article or add new information about this topic:
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