Canon latest financial results are out, stock down 5% after the company cut its net profit forecast

  Canon announced their Q3 2018 financial results: Japan’s Canon Inc on Thursday lowered its full-year earnings outlook for the second time this year, citing lower sales of single-lens reflex (SLR) cameras and lean demand for semiconductor-producing equipment. The camera and printer manufacturer slashed its annual profit forecast to 335.5 billion yen ($2.99 billion) from … Continue reading Canon latest financial results are out, stock down 5% after the company cut its net profit forecast