Despite Benefiting from the Weak Yen, Canon Misses Revenue and Income Targets for 2013

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On January 29, Canon released its financial results for the fourth quarter and full year ended on December 31, 2013.Although the firm’s results received a boost from the yen’s depreciation, Canon’s results fell short of both its own estimates and analyst expectations. Canon, in fact, indicated this would be the case earlier this month when,

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