NYT - Business - Feb 11, 2010Renault SA (RNO)
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Michael Tyndall
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NomuraShares have fallen almost 22 percent from their recent closing peak of 3970 euros on Jan 7
Michael Tyndall, an auto industry specialist in London for Nomura International, said the share price decline partly reflected investors' disappointment with Renault's operating results, as well as the company's reticence about disposing of its 20 percent stake in the Volvo truck business at current prices Uncertainty about the sovereign debt crisis in the euro zone and
Renault's own relatively heavy debt burden was also weighing on the stock, he said Next Article in Business (21 of 40) » A version of this article appeared in print on , 2010, on page B4 of the New York edition
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Shares have fallen almost 22 percent from their recent closing peak of 3970 euros on Jan 7<span class="sent"> <span class="analyst">Michael Tyndall</span>, an auto industry specialist in London for Nomura International, said the share price decline partly reflected investors' disappointment with <span class="company">Renault</span>'s operating results, as well as the company's reticence about disposing of its 20 percent stake in the Volvo truck business at current prices</span> Uncertainty about the sovereign debt crisis in the euro zone and <span class="company">Renault</span>'s own relatively heavy debt burden was also weighing on the stock, he said Next Article in Business (21 of 40) » A version of this article appeared in print on , 2010, on page B4 of the New York edition
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