|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||62.10 - 64.20|
|52 Week Range||51.98 - 94.73|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||5.27|
|Earnings Date||Feb 14, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||3.55 (6.03%)|
|1y Target Est||84.17|
The efforts by the Ministry of Economy, Trade and Industry to head off changes in the two-decade alliance show concern was mounting in top echelons of the Japanese government -- months before Ghosn’s arrest on allegations of financial wrongdoing -- that his push to cement a new alliance structure, would boost Renault and its largest shareholder, the French state, at Nissan’s expense. The emails, which were either addressed to Ghosn or copied to him, also show Nissan’s leadership trying to protect the company’s interests in a relationship the Japanese already saw as one-sided.
NOTE: On April 17, 2019, the press release was corrected as follows: in the Ratings Rationale section, in both the third sentence of the first paragraph and point (iv) of the eighth paragraph, the originators named was changed to RCI Banque Germany. Moody's has not assigned ratings to the EUR  million Class C Fixed Rate Notes, which are also to be issued at closing of the transaction.
In a vote Wednesday, the European Parliament ratified draft rules by the European Commission, the bloc’s executive body, which endorse WiFi technology pushed by VW, General Motors Co., and Volvo Group. The European Council of member states still have a say on the draft rules and could decide to veto it.
Communication about availability - Renault sales figures for March 2019 Boulogne, April 17, 2019 Renault announces that its sales figures report for March 2019 is now available on Renault website www.group.renault.com ...
Information concerning the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the Code de commerce (the French Commercial Code) and the Article 223-16 of the Règlement ...
COMMUNIQU É Boulogne, April 15, 2019 Renault announces that the 2018 Registration Document is filed with the French Financial Markets Authority. The 2018 Registration Document (French version) is ...
Today we're going to take a look at the well-established Renault SA (EPA:RNO). The company's stock saw a decent share price growth in the teens level on the ENXTPA over the last few months...
In a video message released Tuesday, the company’s deposed chairman spent much of his time talking about what’s going on at Nissan rather than addressing the growing pile of allegations against him. Ghosn reflected on the carmaker’s dismal performance, recent profit warnings and emissions scandals. Clearly Ghosn is keen to show that Nissan’s leadership, led by the chief executive Hiroto Saikawa, had a motive for ousting him. Rumors have swirled that Ghosn had wanted to get rid of Saikawa, prompting the company’s executives to go public with the initial allegations against their then chairman.
Shareholders in Nissan voted to remove Carlos Ghosn from the company’s board after his fourth arrest last week, formally ousting the man who rescued and had led the Japanese carmaker for the past two ...
The initial arrest last November -- over what some viewed as a relatively minor charge of understating compensation -- was a tactical move to buy time to analyze money flowing to and from Oman, according to people familiar with the matter. Nissan executives have since been cooperating with Tokyo prosecutors and received plea agreements in at least two instances, according to the people, who asked not to be named discussing private matters. The ousted auto titan is now facing far more serious charges that he enriched himself via a web of complex financial transactions involving business partners in Oman and Saudi Arabia, as well as in his ancestral home of Lebanon, where he’s still lionized as a visionary.
The Tokyo District Court on Friday said it had approved a request by prosecutors to detain ousted Nissan Motor Co Chairman Carlos Ghosn for 10 days, a move the executive's lawyer said he would appeal. ...
It’s hard to see how anyone comes out of this looking like a hero — and that goes for Renault and Nissan, too. The story so far goes something like this: Act I saw the shocking arrest of Ghosn at the hands of the Japanese on allegations of financial misconduct, including using company funds for personal investments and misusing corporate assets, which bore the hallmarks of a palace coup against France’s dominance. Act II saw Renault and Nissan agree to patch up their differences and move on from the Ghosn era, with the blessing of their political paymasters in Paris and Tokyo.
Japanese prosecutors arrested Carlos Ghosn again on Thursday on suspicion the former Nissan boss had tried to enrich himself at the automaker's expense, in another dramatic twist that his lawyers said was an attempt to muzzle him. Tokyo prosecutors said Ghosn had caused Nissan Motor Co $5 million in losses over a 2-1/2-year period to July 2018, in breach of his legal duties to the company and with the goal of personal gain. The Kyodo news agency reported that the losses involved the shifting of funds through a dealer in Oman to the account of a company Ghosn effectively owned.
Tokyo prosecutors confiscated the passport and mobile phone of Carlos Ghosn's wife, Carole, when they arrested the former Nissan boss on Thursday morning, his lawyer said, adding that the defence team would "strongly appeal" the latest arrest. "Ghosn's wife happened to be with him when he was arrested, so they confiscated her passport and her mobile," said Junichiro Hironaka, who heads Ghosn's Japanese defence team. "His wife is not a suspect ... this is unforgivable," he told a news conference at the Foreign Correspondents' Club of Japan.
Japanese prosecutors arrested ousted Nissan Motor Co boss Carlos Ghosn for a fourth time on Thursday, broadcaster NHK said, after reports authorities were building a new case against him over payments made to a dealer in Oman. The re-arrest, which NHK described as a highly unusual move, marks the latest dramatic twist in the once-feted executive's fall from grace, and comes after fresh allegations about improper payments made by Nissan under his watch. Prosecutors arrested Ghosn on suspicion of aggravated breach of trust, NHK said, after visiting his residence in Tokyo early on Thursday and asking him to submit to questioning.
Legal troubles are piling up for Carlos Ghosn after French carmaker Renault said Wednesday it had flagged to judicial authorities serious problems with his expenses during his time as chairman of the company. Renault's statement suggests the company is toughening its approach to Ghosn, who it had long refrained from criticizing after he was arrested in November in Japan on charges of understating his income at Japanese carmaker Nissan, which he was chairman of too.
PARIS (AP) — The Latest on Renault's board meeting and the investigation into former chairman Carlos Ghosn (all times local):
Boulogne-Billancourt, April 3, 2019 - Following the resignation of Mr. Carlos Ghosn from his positions as Chairman of the Board of Directors and Chief Executive Officer on January 23, 2019, a meeting of the Board of Directors was held on April 3, 2019 to decide on the financial conditions of his departure. It is recalled that, on February 13, the Board of Directors had already waived Mr. Carlos Ghosn`s non-compete undertaking and acknowledged the loss of Mr. Carlos Ghosn`s rights to the definitive acquisition of the shares corresponding to the deferred portion of his variable compensation for the financial years 2014 to 2017 and the performance shares which were allocated to him for the financial years 2015 to 2018.
Boulogne-Billancourt, April 3rd, 2019 - Renault Board of Directors, during today`s meeting, acknowledged the decision of Mr. Carlos Ghosn to resign from his office as director on the date of the Shareholders` General Meeting ruling on the financial statements for the 2018 financial year, scheduled on June 12th, 2019. Mr. Carlos Ghosn also resigned from his office as member of the Management Board of Renault-Nissan BV on February 28th, 2019.
Boulogne-Billancourt, April 3, 2019 - Renault`s Board of Directors has acknowledged the final conclusions of the audit assignment conducted by Renault`s Ethics and Compliance Department since November 23, 2018.
Ousted Nissan boss Carlos Ghosn promised to "tell the truth" at a news conference next week, taking to Twitter to announce his first briefing since being released on bail and hours after a report that prosecutors were preparing a fresh case against him. Ghosn, widely lauded for rescuing Nissan Motor Co from the brink of bankruptcy two decades ago, has experienced a dramatic fall from grace that shook the global auto industry and raised questions about the future of Nissan's alliance with France's Renault SA. Released on $9 million bail last month, Ghosn has denied the charges, calling them "meritless" and saying he was the victim of a boardroom coup.
PARIS (AP) — French carmaker Renault's board will hold a special meeting to discuss recent results of its internal investigation of its former boss Carlos Ghosn, amid reports of suspicious payments under his watch.