Monday, April 30, 2007

Japanese Stocks Decline, Led by Sony, on Slower U.S. Consumer Spending

(Bloomberg) -- Japanese stocks declined, led by companies that rely on U.S. sales including Sony Corp. and Honda Motor Co., after consumer spending slowed in Japan's biggest overseas market.

Sumitomo Mitsui Financial Group Inc. paced banks lower after saying its annual profit fell more than initially forecast.


Read more at Bloomberg Stocks News

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