Thursday, March 25, 2010

Yokohama Rubber Rises Most in Seven Weeks After Raising Forecast


By Kyung Bok Cho
March 25 (Bloomberg) -- Yokohama Rubber Co., a Japanese tire maker, advanced the most in seven weeks in Tokyo trading after raising its full-year net income forecast by 34 percent.
Yokohama Rubber gained 3.6 percent to 436 yen as of 9:43 a.m. on the Tokyo Stock Exchange, headed for the biggest rise since Feb. 3. The benchmark Nikkei 225 Stock Average added 0.2 percent.
(businessweek.com)
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