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Reuters: Toyota shares slide after bleak profit forecasts

Started by chris, May 09, 2008, 10:53:14 AM

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chris

Toyota shares slide after bleak profit forecasts
      


TOKYO (Reuters) - Shares in Toyota Motor Corp skidded on Friday after the world's biggest automaker forecast its first annual net profit decline in seven years as it faces a triple blow of a stronger yen, rising materials prices and a slowing U.S. economy.
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