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Nissan stock performs worst in five decades under current CEO

The Straits Times LogoThe Straits Times3d ago

Nissan stock performs worst in five decades under current CEO - The Straits Times

Quick Summary:

Nissan’s stock has fallen 47 per cent since Mr Uchida became CEO on Dec 1, 2019.

To address plummeting income, Mr Uchida unveiled a plan to slash costs, including cuts to jobs, production capacity and earnings outlook last month.

Mr Makoto Uchida’s five-year anniversary as president and chief executive officer of Nissan Motor is little cause for celebration among shareholders.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 08:59:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 751 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 24022446

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About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 16 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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The story "Nissan stock performs worst in five decades under current CEO" was covered 3 days ago by The Straits Times, a news publisher based in Singapore.

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