Nissan Expected to Announce a Profit

Nissan Motor Co. today is expected to report a return to profit in the first half of the business year as cost cuts and strong demand in the U.S. lead the turnaround at Japan’s third-largest auto maker. Group net income should total $1.56 billion for the six months ended Sept. 30. That compares with a loss of $2.9 billion for the same period a year ago.