UPDATE 1-Nissan op profit rises in Q1, forecasts unchanged

Newswire

(Recasts, adds details, background) TOKYO, July 26 (Reuters) - Nissan Motor Co. , Japan's second-largest auto maker, posted a 10.7 percent jump in quarterly operating profit thanks to booming domestic and U.S. sales, and kept its full-year forecasts unchanged, saying results were in line with plans. The maker of the 350Z sports car has forecast a slowdown in profit growth, citing risks from intense price competition in the United States, higher raw materials prices and volatile exchange ...

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