Monday, April 23, 2007

Canon Q1 profit up 22 pct yr/yr, lifts outlook

(Reuters) - The result beat Canon's own forecast of 185 billion yen but was roughly in line with the Nikkei business daily's prediction of about 210 billion yen in an article last week. Merrill Lynch had forecast a profit of 189.9 billion yen.

Canon raised its operating profit forecast for the year to December to 790 billion yen from 765 billion yen.


Read more at Reuters.com Market News

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