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 MillingBaidu Approves $5 Billion Share Buyback, First DividendKyocera Unveils $3.2 Billion Buyback in Capital…See also Musk’s Trial Against OpenAI Hits Some Rough Spots in First Week
