Yokohama Rubber Rises Most in Seven Weeks After Raising Forecast

By Kyung Bok Cho

March 25 (Bloomberg) -- Yokohama Rubber Co., a Japanese tire maker, advanced the most in seven weeks in Tokyo trading after raising its full-year net income forecast by 34 percent.

Yokohama Rubber gained 3.6 percent to 436 yen as of 9:43 a.m. on the Tokyo Stock Exchange, headed for the biggest rise since Feb. 3. The benchmark Nikkei 225 Stock Average added 0.2 percent.

(businessweek.com)