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Conference/Events
Nidec management to meet virtually with JPMorgan » 04:55
11/05/20
11/05
04:55
11/05/20
04:55
NJDCY

Nidec

$0.00 /

+ (+0.00%)

Virtual Meeting to be…

Virtual Meeting to be held on November 5 hosted by JPMorgan.

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Over a month ago
Conference/Events
Nidec management to meet virtually with JPMorgan » 09:35
10/30/20
10/30
09:35
10/30/20
09:35
NJDCY

Nidec

$0.00 /

+ (+0.00%)

Virtual Meeting to be…

Virtual Meeting to be held on November 5 hosted by JPMorgan.

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Over a quarter ago
Hot Stocks
Nidec to acquire the Delta production line from Secop Austria » 19:42
03/31/20
03/31
19:42
03/31/20
19:42
NJDCY

Nidec

$0.00 /

+ (+0.00%)

Nidec announced that the…

Nidec announced that the company has signed a definitive agreement with Secop Austria GmbH on March 31, 2020, by which Nidec will acquire the Delta production line from Secop through the Company's sub-subsidiary Nidec Global Appliance Italy S.r.l. and its Austrian company. With this transaction, Nidec and Secop aim to preserve as many jobs as possible at the site in Furstenfeld, Austria. Nidec will take over approximately 40 employees for the production of household refrigeration compressors on the Delta line and has already retained 47 employees for the production of motors for washing machines and dish washers. Furthermore, Secop will retain and strengthen its group headquarter in the Furstenfeld area and therefore retain in excess of 80 employees. As a result, more than 170 of the current 300 jobs at the Furstenfeld site will be saved.

Periodicals
Nissan vice COO Seki to resign potentially hindering turnaround, Reuters says » 06:31
12/24/19
12/24
06:31
12/24/19
06:31
NSANY

Nissan

$0.00 /

+ (+0.00%)

, NJDCY

Nidec

$0.00 /

+ (+0.00%)

Jun Seki, Nissan's…

Jun Seki, Nissan's (NSANY) vice COO and a former contender for CEO, has resigned from the position in a move that could hinder the automaker's efforts to recover from scandal and slowing sales, Reuters' Norihiko Shirouzou reports, citing Seki. Seki, who will likely depart in January to become president of Nidec Corp. (NJDCY), said, "I love Nissan and I feel bad about leaving the turnaround work unfinished, but I am 58 years old, and this is an offer I could not refuse. It's probably my last chance to lead a company too. It's not about money. In fact, I will take a financial hit since Nissan pays us well." Reference Link

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NSANY Nissan
$0.00 /

+ (+0.00%)

06/05/19 UBS
Nissan upgraded to Buy from Sell at UBS
05/15/19 Morgan Stanley
Tariff delay a 'modest positive' for automakers, says Morgan Stanley
05/15/19
Trump plans to delay imposing tariffs on auto imports, Bloomberg reports
05/14/19 Macquarie
Nissan downgraded to Underperform from Neutral at Macquarie
NJDCY Nidec
$0.00 /

+ (+0.00%)

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