On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1330 AM Sheboygan, WI

Weather

Current Conditions(Sheboygan,WI 53081)

More Weather »
44° Feels Like: 39°
Wind: WNW 10 mph Past 24 hrs - Precip: 0.05”
Current Radar for Zip

Tonight

Rain 39°

Tomorrow

AM Clouds/PM Sun 60°

Sat Night

Mostly Clear 36°

Alerts

Canon hits one-week low after cutting compact camera sales forecast

A woman walks on an advertisement for Canon digital cameras at an electronics retail store in Tokyo April 23, 2013. REUTERS/Toru Hanai
A woman walks on an advertisement for Canon digital cameras at an electronics retail store in Tokyo April 23, 2013. REUTERS/Toru Hanai

TOKYO (Reuters) - Shares of Canon Inc fell 5.1 percent to 3,645 yen, a one-week low, on Thursday after the camera-and-printer maker lowered its forecast for compact camera sales for the business year ending in December.

On Wednesday, the company lifted its annual operating profit forecast by nearly 10 percent to 450 billion yen, due to a weaker yen.

(Reporting by Dominic Lau; Editing by Paul Tait)

Comments