Nintendo H1 recurring loss seen at $1.32 billion: report (Reuters)

TOKYO (Reuters) ? Nintendo Co is expected to post a recurring loss of about 100 billion yen ($1.32 billion) in the first half ending on September 30, much worse than the 55 billion loss the company has forecast, the Nikkei business daily reported in its online edition on Wednesday.

Shares of the Japanese games maker plunged more than 7.5 percent at one point after the news, to 10,800 yen.

($1 = 75.770 Japanese Yen)

(Reporting by Chang-Ran Kim; Editing by Joseph Radford)

Source: http://us.rd.yahoo.com/dailynews/rss/videogames/*http%3A//news.yahoo.com/s/nm/20111026/bs_nm/us_nintendo

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