Nissan Motor
NASDAQ symbol NSANY, is Japan's second-largest automaker after Toyota, and just ahead of Honda.
NISSAN MOTOR CO. ADR $19.90 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.3 billion; Market cap: $45.8 billion; No dividends paid) reported that its earnings rose 3.2% in the three months ended December 31, 2011, to 82.7 billion yen ($1.07 billion U.S.) from 80.1 billion yen ($1.04 billion U.S.) a year earlier.
That’s a particularly strong …read more »
NISSAN MOTOR CO. ADR $21.26 (Nasdaq symbol NSANY; SI Rating: Above Average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.0 billion; Market cap: $43.4 billion; No dividends paid) expects to report an operating profit of 460 billion yen ($5.7 billion U.S.) in the year ended March 31, 2011. That’s down 14% from a year earlier.
Even so, that’s a strong performance in light of …read more »
NISSAN MOTOR $11.93 (Nasdaq symbol NSANY; SI Rating: Above Average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.3 billion; Market cap: $27 billion) has opened its first plant in Russia. The company will make Teana luxury sedans and X-Trail sport-utility vehicles at the $200-million facility, which is capable of producing 50,000 vehicles a year.
Nissan’s plant is located in the St. Petersburg industrial zone. …read more »
ECONOMIC INVESTMENT TRUST $50 (Toronto symbol: EVT) holds a well-diversified portfolio of high-quality Canadian, U.S. and foreign stocks.
The $510.3-million fund’s largest holdings include E-L Financial, Algoma Central Railway, Chevron, Nissan Motor, Royal Dutch Shell, Altria Group, Pfizer, ConocoPhillips, Allianz SE, BASF SE, ING Group and Vodafone Group plc.
The fund breaks down geographically as follows: Canada, 55%; U.S., 14.2%, Europe, 19.6%, …read more »
NISSAN MOTOR CO. $7.03 (Nasdaq symbol NSANY; SI Rating: Above-Average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.3 billion; Market cap: $15.9 billion) plans to reduce production in Japan by 78,000 vehicles in the first quarter of 2009.
The company will cut production by slowing production lines, implementing one-day shutdowns and cutting shifts. The cuts will keep inventory levels low, so Nissan can sell …read more »
NISSAN MOTOR CO. $6.87 (Nasdaq symbol NSANY; SI Rating: Above-average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.3 billion; Market cap: $15.5 billion) has formed a partnership with the state of Oregon and Portland General Electric to develop a network of electric vehicle charging stations located throughout the utility’s service area.
Powered by solar electric panels, these stations will sell electricity for owners of …read more »
ECONOMIC INVESTMENT TRUST $75.50 (Toronto symbol: EVT) holds a well-diversified portfolio of high-quality Canadian, U.S. and foreign stocks.
The $589.8 million fund’s largest holdings include E-L Financial, Algoma Central Railway, Chevron, Nissan Motor, Royal Dutch Shell, Altria Group, Dow Chemical, ConocoPhillips, Allianz SE, Arcelor Mittal, ING Groep, Vodafone Group plc, Renault, Xstrata plc and Sumitomo Mitsui Financial.
The fund breaks down geographically …read more »
NISSAN MOTOR CO. $17.49 (Nasdaq symbol NSANY; SI Rating: Above-average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.3 billion; Market cap: $39.5 billion) is joining with Japanese technology giant NEC to invest $115 million over the next three years to mass-produce lithium-ion batteries for use in electric cars and gas-electric hybrid cars. Nissan will hold a 51% stake in the venture, which will …read more »
NISSAN MOTOR CO. $16.85 (Nasdaq symbol NSANY; SI Rating: Above-average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.3 billion; Market cap: $38.1 billion) is Japan’s second largest automaker after Toyota, and just ahead of Honda. Nissan’s car models include Maxima and Sentra, and the more upscale Altima and Infiniti. Other models include Frontier pickups, the 350Z sports car, and the Xterra and Pathfinder …read more »
RESTORATION HARDWARE INC. $6.91 (Nasdaq symbol RSTO; SI Rating: Extra risk) (415-924-1005; www.restorationhardware.com; Shares outstanding: 38.9 million; Market cap: $269.0 million) has agreed to give Sears Holdings, symbol SHLD on Nasdaq, access to its financial data. Sears has said it’s prepared to offer $6.75 a share in cash for each Restoration share if an analysis of the data is positive. …read more »
