Nidec Withdraws Full-Year Forecasts, Cancels Buyback Amid Accounting Probe Nidec Corp. shares tumbled after it withdrew full-year guidance and canceled its share buyback program as an accounting crisis at the manufacturer of precision motors deepens. Related Posts:Nidec Secures $3.9 Billion Credit Line, Easing…Nidec Shares Sink 22% on Fears of Systematic…Nidec Shares Tumble 19% on Removal From Japan’s Nikkei 225Nidec Withdraws $1.8 Billion Hostile Bid for Makino MillingMitsubishi Motors Falls on Steep Drop in Quarterly ProfitChina Deepens Probe Into PDD After Fistfights With…See also Nomura Shares Drop After Profit Falls More Than Estimated
