Updating Nissan Motor Co., Breakwater Resources and Restoration Hardware Inc.

Article Excerpt

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 start with an annual capacity of 13,000 units, increasing to 65,000 units by 2011. Nissan is still a buy. BREAKWATER RESOURCES $0.44 (Toronto symbol BWR; SI Rating: Speculative) (416-363-4798; www.breakwater.ca; Shares outstanding: 446.4 million; Market cap: $196.4 million) has moved lower lately on weaker financial results and lower zinc prices. In the three months ended March 31, 2008, the company lost $0.02 a share, compared to a gain of $0.04 a share a year earlier. Cash flow per share dropped to $0.005 from $0.06. Revenues rose 4.8%, to $60.8 million from $58 million. In the latest quarter, realized zinc prices fell 29.8%, to $2,409…

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