Reuters: Hot Stocks: Canon shares slide 7 pct after it cuts profit outlook

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Canon shares slide 7 pct after it cuts profit outlook Jul 25th 2013, 00:12 TOKYO, July 25 | Wed Jul 24, 2013 8:12pm EDT TOKYO, July 25 (Reuters) - Shares in Canon Inc fell 7 percent to a three-week low on Thursday after the world's largest digital camera maker cut its operating profit forecast for the year by 16 percent, citing a slowdown in China and other emerging economies. Canon shares fell as low as 3,190 yen. Rival Nikon Corp also sagged more than 5 percent to 2,152 yen. (Reporting by Dominic Lau; Editing by Edmund Klamann)

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