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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST

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To: StanX Long who wrote (49887)7/27/2001 2:58:48 AM
From: advocatedevil  Read Replies (1) of 70976
 
NEC Q1 net slides, profit outlook cut

biz.yahoo.com

snips:

"NEC cut its group net profit forecast for the half-year to September to 3.0 billion yen, from a previous target of 15.0 billion."

"The company will announce a restructuring plan next week that is expected to include a sweeping reorganization of its production facilities, possibly including the closure or sell-off of plants both domestically and abroad."

AdvocateDevil
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