Toyota more than doubles quarterly profit, shares surge

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Toyota more than doubles quarterly profit, shares surge
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TOKYO (Reuters) -Toyota Motor reported a more than doubling of second-quarter profit on Wednesday, helped by a weak yen currency and strong sales, and raised...

TOKYO -Toyota Motor reported a more than doubling of second-quarter profit on Wednesday, helped by a weak yen currency and strong sales, and raised its full-year forecast by 50%.

The Japanese automaker lifted its full-year profit forecast by 50% to 4.5 trillion yen from 3 trillion yen. That compares to analysts' average forecast of 4.0 trillion yen. Steve Ballmer joined Microsoft in 1980 as Bill Gates' assistant, became CEO in 2000, and retired in 2014 with a 4% stake that's worth a fortune today.Energy stocks are at their 52-week highs, while the market is bearish because of geopolitical tensions. Should you hold or sell these stocks? The post Why You Might Want to Sell Those Energy Stocks Soon appeared first on The Motley Fool Canada.

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