Subaru halts Japan car output on defective part, shares slide

Subaru Corp said its sole car factory in Japan, accounting for roughly 60 percent of global production, could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component......»»

Japan reported Friday that its factory output fell 4.2% in October, much worse than forecast and the biggest month-on-month drop since January 2018.....»»

Emergent BioSolutions Inc. executives said part of the blame for a snafu in manufacturing the COVI.....»»

MedMen Enterprises Inc. shares slid more than 6% Friday, after the company said it has executed the term sheet for a dilutive equity financing of $20 million as part of a fundraising totaling $74 million. The Los Angeles-based ca.....»»

The output value of Japan's PCB industry dropped 7.4% from a year earlier to JPY38.34 billion (US$1.27 billion) in October 2019, contracting for the 10th consecutive month, according to the Japan Electronics Packaging Circuits Association (JPCA)......»»

Spring Bank Pharmaceutical Inc.'s shares slid 45% in premarket trade Thursday, after the clinical-stage biopharma company said it has stopped dosing patients in a trial of a treatment for.....»»

Spring Bank Pharmaceutical Inc.'s shares slid 17% in premarket trade Thursday, after the clinical-stage biopharma company said it has stopped dosing patients in a trial of a treatment for.....»»

U.S. markets were closed for the Thanksgiving holiday and will have a half-day session on Friday......»»

Shares of Japan's Seven & I Holdings Co rose nearly 6% on Friday after the retail group said it will shut or relocate nearly 1,000 7-Eleven convenience stores and cut about 3,000 jobs as part of a group-wide restructuring......»»

Shares in Ferrari went into reverse on Friday as the Italian luxury carmaker failed to lift its guidance for 2019 despite strong results in the first part of the year......»»

Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker's reluctance to say it would meet 2020 goals sent shares lower......»»

Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker's failure to commit to meeting its 2020 goals knocked as much as 10 percent off its shares......»»

Nissan Motor Co. shares fell Friday in Japan after a report that it will slash its worldwide output by 15.....»»

TOKYO (Reuters) - Japan's Subaru Corp falsified mileage and emissions readings on hundreds of vehicles, the country's national broadcaster NHK reported on Thursday, knocking off as much as 3 percent from Subaru's share price......»»

Yahoo Japan Corp is buying back around $2 billion worth of its shares from SoftBank Group Corp as part of a three-way deal with its top shareholders, U.S. investment firm Altaba Inc and SoftBank......»»

Nordstrom stock is down after the company announces its fiscal 2018 forecast, part of its investor day presentation......»»

Asian stocks dropped on Thursday as the latest escalation in the Sino-U.S. trade war hit Chinese shares, while global bond markets were rattled by increased borrowing by Washington and Japan's new tolerance for higher yields......»»

Asia shares eased in holiday-thinned trading on Monday and the safe haven yen gained as China canceled upcoming tariff talks with the United States, while oil prices jumped after top producers including Russia ruled out boosting crude output......»»

BloombergChina Stock Slide Eases, Japan Shares Fall on Yen: Markets WrapBloombergCh.....»»

Subaru Corp will reduce output at its main factory in Japan after finding new cases of inspection cheating and will slash its annual profit forecast by a quarter to 220 billion yen ($1.94 billion), the Nikkei business daily reported on Monday......»»