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| Subject: Yamaha shares fall as output cut in Brazil | |
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Author: Bob |
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Date Posted: 05:38:04 10/15/08 Wed Share prices in Yamaha fell after the manufacturer announced a 10 day shutdown of their production lines in Brazil. Shares of Yamaha dropped 123 yen, or 10 percent, to close at 1,111 yen on the Tokyo Stock Exchange. About 4,300 workers at Yamaha’s Manaus plant (which builds an average of 1,300 motorcycles a day) were asked to take paid leave. Honda also said it will idle some production lines in Brazil. [ Next Thread | Previous Thread | Next Message | Previous Message ] |
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