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EV, Tech Supplier Nidec Plunges 10% After Disappointing Earnings

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Nidec Corp. fell its most in more than three years after reporting quarterly earnings that missed estimates, highlighting a rise in development costs and weakness across its automotive and machinery businesses.

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EV, Tech Supplier Nidec Plunges 10% After Disappointing Earnings(Bloomberg) -- Nidec Corp. fell its most in more than three years after reporting quarterly earnings that missed estimates, highlighting a rise in...
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