Daily Business News
Thursday, November 02, 2006
  Mazda lifts forecasts as Q2 jumps yen softens (Reuters)

A cleaner walks past rows of brand new Mazda cars in this October 10 2006 file photo. Japan's Mazda Motor Corp. posted a 55 percent surge in quarterly operating profit on Thursday as a weak yen and sales expansion in the West offset slumping domestic demand and bumped up its annual forecasts as widely expected. (Vito Lee/Reuters)Reuters - Japan's Mazda Motor Corp. (7261.T) posted a 55 percent surge in quarterly operating profit on Thursday as a weak yen and sales expansion in the West offset slumping domestic demand and it bumped up its annual forecasts beyond market projections.


 
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