Toyota Hitting Bottom, Posts Big Loss But Raises Outlook
- Tuesday, August 2, 2011, 23:01
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Toyota Motors posted a big loss in the first quarter as its sales in Japan and North America continue to suffer from the effects of a massive earthquake and tsunami combo that rattled Japan back in March. The automaker?s loss, though, was smaller than expected which, along with improved guidance, gave the stock some breathing space.
http://blogs.forbes.com/afontevecchia/2011/08/02/toyota-hitting-bottom-posts-big-loss-but-raises-outlook/
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