The Bottom Line

Toyota, the world’s No. 2 automaker, reported that its profits rose 11 percent and raised its earning guidance for the year.

Toyota, the world’s No. 2 automaker, reported that its profits rose 11 percent and raised its earning guidance for the year. Strong sales outside of Japan, the weak yen, and the popularity of its hybrid cars in a time of rising gas prices helped boost Toyota’s bottom line. (AP in Yahoo! Finance)

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