Nikon Stock sores on Earning Announcement
Posted: Tue Jul 31, 2007 11:27 pmhttp://www.bloomberg.com/apps/news?pid=20601101&sid=apj3g9DNBsW0&refer=japan
"Nikon's Prospects
Nikon Corp., the world's second-biggest maker of single-lens reflex cameras, soared 200 yen, or 5.5 percent, to 3,820. Satomi Ushioda, an analyst at Nikko Citigroup, increased the target price for Nikon's stock by 31 percent to 4,400 yen. The company reported a 59 percent jump in net income after the close of trading.
``We expect Nikon to continue leading shipment growth of single-lens reflex cameras worldwide,'' Ushioda wrote in a report dated yesterday. The analyst also raised the estimate for Nikon's annual operating profit by 9.6 percent because of the weaker yen and ``better-than-expected shipments'' of SLR cameras and interchangeable lenses. "
Bloomberg...
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THis month.... at least one new body (according to jeff-c accurate predicter of release dates for D2Xs, D200, 18-200 VR, of course none of these guys are talking specs).
"Nikon's Prospects
Nikon Corp., the world's second-biggest maker of single-lens reflex cameras, soared 200 yen, or 5.5 percent, to 3,820. Satomi Ushioda, an analyst at Nikko Citigroup, increased the target price for Nikon's stock by 31 percent to 4,400 yen. The company reported a 59 percent jump in net income after the close of trading.
``We expect Nikon to continue leading shipment growth of single-lens reflex cameras worldwide,'' Ushioda wrote in a report dated yesterday. The analyst also raised the estimate for Nikon's annual operating profit by 9.6 percent because of the weaker yen and ``better-than-expected shipments'' of SLR cameras and interchangeable lenses. "
Bloomberg...
----------------------------
THis month.... at least one new body (according to jeff-c accurate predicter of release dates for D2Xs, D200, 18-200 VR, of course none of these guys are talking specs).
