cwerdna
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Re: Nissan corporate news

Thu Jan 16, 2020 2:34 am

Nissan denies rumours of plan to divorce from Renault
https://www.france24.com/en/20200114-ni ... om-renault -- this was making the news on Bloomberg channel a few days back so Nissan issued a denial: https://global.nissannews.com/en/releas ... 00114-00-e.

Nissan Punishes More Managers After 10,000-Hour Ghosn Probe
https://www.bloomberg.com/news/articles ... markets-vp

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Re: Nissan corporate news

Thu Jan 16, 2020 4:45 pm

cwerdna wrote:
Thu Jan 16, 2020 2:34 am

<snip>

Nissan Punishes More Managers After 10,000-Hour Ghosn Probe
https://www.bloomberg.com/news/articles ... markets-vp

Are they going to cut off one of their little fingers? Somehow seems appropriate. ;)
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cwerdna
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Re: Nissan corporate news

Wed Jan 29, 2020 4:01 am

Renault, Nissan chief engineers to meet, revive R&D projects: sources
https://finance.yahoo.com/news/renault- ... 30581.html

'Do or die': Nissan to lay off thousands, close plants in $4.4 billion plan
Cutting models, curbing Ghosn's expansionism in face of a sales slump
https://www.autoblog.com/2020/01/28/nis ... s-layoffs/

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cwerdna
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Re: Nissan corporate news

Wed Feb 12, 2020 8:14 am

Nissan may report first quarterly loss since March 2009: sources
https://finance.yahoo.com/news/nissan-m ... 58548.html

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cwerdna
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Re: Nissan corporate news

Thu Feb 13, 2020 12:20 pm

Scandal-hit Nissan sinks into red ink as sales plummet
Reports quarterly loss of $237 million, with sales down 18%
https://www.autoblog.com/2020/02/13/nis ... ings-loss/

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coleafrado

Re: Nissan corporate news

Thu Feb 13, 2020 4:21 pm

Truly a shame there aren't options available on NSANY.

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Re: Nissan corporate news

Thu Feb 13, 2020 7:27 pm

coleafrado wrote:
Thu Feb 13, 2020 4:21 pm
Truly a shame there aren't options available on NSANY.

When a stock has basically little to no volatility, options have little to no value. That results is no options market for the stock.

https://www.nasdaq.com/market-activity/stocks/nsany

In the last month, the Nissan stock only changed by about $1.00.
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cwerdna
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Re: Nissan corporate news

Wed Feb 19, 2020 1:04 am

Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround
https://finance.yahoo.com/news/nissan-c ... 56936.html
Makoto Uchida, who took over the top job in December, put his job on the line at a raucous shareholders' meeting, where he faced demands ranging from cutting executive pay to offering a bounty to bring Ghosn back to Japan after he fled to Lebanon.
...
Before it began, some shareholders demanded more clarity about Uchida's plan.

"I just want to know what the plan for recovery is. At the moment, the share price has dropped again, and the value of the company has plummeted," said a 70-year-old former employee who owns shares in the company.

"If this is the situation, part of me thinks that we would be better off with Ghosn ... If we don't get a clearer vision of the path the company is taking, it will be a worry."

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Re: Nissan corporate news

Wed Feb 19, 2020 1:22 am

So...they want to kidnap Ghosn, and drag him back to Japan...to run Nissan again...??? I guess that would be a pretty harsh sentence for him. ;)
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cwerdna
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Re: Nissan corporate news

Wed Feb 19, 2020 1:30 am

LeftieBiker wrote:
Wed Feb 19, 2020 1:22 am
So...they want to kidnap Ghosn, and drag him back to Japan...to run Nissan again...??? I guess that would be a pretty harsh sentence for him. ;)
LOL! Actually, there was story I should've posted from this morning. Was probably https://finance.yahoo.com/news/nissan-s ... 10440.html. I think the ones that want Ghosn back in Japan want him to stand trial.

As for bringing Ghosn back to run Nissan again... uhh... that's obviously fantasy land. I think the odds of that are near 0 unless Nissan and Japan drop all charges, apologize while on their knees like TEPCO folks (deep bow isn't enough), grovel, promise him some sort of immunity along with some Japanese govt watchdog installed so he can't be in this situation again. And, this assumes that Ghosn would actually want to take a chance again. Ha! Obviously, Ghosn would need to clean house of traitors.

Also, there's are these:
Furious shareholders blast Nissan bosses
https://finance.yahoo.com/news/furious- ... 02884.html

Moody's downgrades Renault to 'junk' status, capping disastrous year without Ghosn - sorta Nissan related
https://www.japantimes.co.jp/news/2020/ ... it-rating/

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