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Nissan (NSANY.OB) sharply reduced it forecast for FY12 profit with weak demand in China and...

Nissan (NSANY.OB) sharply reduced it forecast for FY12 profit with weak demand in China and Europe cutting into results. The automaker sees earnings ¥320B ($4.02B), down from earlier guidance of ¥400B ($5.03B). Nissan also cut its global sale volume forecast by 5.1% to 5.08M vehicles.
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