- Toyota Motor Corp (NYSE:TM) has decided to cut domestic production by 4,000 vehicles in July.
- The company took the decision due to the difficulty of procuring parts from a supplier caused by heavy rain damage, mainly in Aichi Prefecture.
- Related: Toyota Cuts July Production Citing Parts Shortage
- The company also warned that the production plan might be lower as the scenario remained difficult due to semiconductor shortages and the spread of COVID-19.
- The auto major had recently halted orders for its SUV, Harrier, citing production hurdles.
- Price Action: TM shares are trading higher by 0.50% at $158.85 on the last check Wednesday.
- Photo Via Wikimedia Commons
Acasti Pharma Q3 EPS $(0.09) Beats $(0.11) Estimate, Cash Balance Of $31.3M With Cash Runway Into Q2 Of 2024
Acasti Pharma (NASDAQ:ACST) reported quarterly losses of $(0.09) per share which beat the analyst consensus estimate of $(0.11) by 18.18 percent. This is unchanged from the same period last year.
