Tuesday, July 26, 2016

Canon Cuts Profit Forecast as Post-Brexit Yen Strength Bites

Canon Inc (7751.T) cut its full-year profit forecast on Tuesday, becoming Japan’s first major technology company to report a weaker outlook on the yen’s surge following Britain’s vote to leave the European Union. The world’s biggest maker of cameras and printers forecast group operating profit of 265 billion yen ($2.54 billion) for the year through […]

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