Honda Motor Co Ltd ADR
NYSE: HMC
HMC Articles
Markets in Asia were mixed. The Nikkei rose .8% to 8,396. Honda (HMC) rose slightly. Nintendo was up on news of strong sales. The Hang Seng fell 2.2% to 14,718. The Shanghai Composite fell 2.5% to...
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GM (GM) distributed its turnaround plan to Congress. It was almost exactly what the market expected, but it fudges one key issue, which is what happens to the company’s finances if it loses a great...
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A lot of fat, pork-barreling Congressmen who are supposed to vote on an auto bailout just want to go home for the holidays. Many of them are out of work. They were caught doing things that they...
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Markets in Asia were sharply lower. The Niikkei fell 6.4% to 7,964. Honda (HMC) fell on a strong dollar. The Hang Seng was off 4.8% to 13,636. China Life (LFC) and China Mobile (CHL) where both down....
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Markets in Asia were mixed. The Nikkei fell 1.4% to 8,397. Honda (HMC) fell sharply on concerns about sales. The Hang Seng was up 2% to 14,160. The Shanghai Composite rose 1.3% to 1,895. At the open,...
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Near the Detroit Metropolitan Airport, visible from several major highways, is a four-story tall replica of a Uniroyal tire. It was built for the 1964 World’s Fair in New York and was moved to its...
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Markets in Asia were mostly higher after a rally in the US. The Nikkei was up 5.2% to 8,324. Canon and Honda (HMC) both rose. The Hang Seng was up 3% to 12,825. The Shanghai Composite dropped .4% to...
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When it comes to the trouble with the US car industry and a potential government bailout, the first and most important consideration is that no one is at fault. The dog ate everyone’s homework....
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According to Reuters, concerns about the global economy are growing as the G20 nations are meeting. Reuters says that Congress challenged banks on how they would use bailout funds. Reuters reports...
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According to Reuters, Australia cut key interest rates. Reuters reports that a large Goldman Sachs (GS) fund lost $1 billion in the first ten months of the year. Reuters writes that the Treasury is...
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It was no secret that US auto sales were going to be down the drain. Frankly, it is hard to find many who really expect any sudden recovery. The election on Tuesday and lower gas prices are not...
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American car companies hoped the day would never come. Data from October is expected to show the market shares of Toyota (TM) and Honda (HMC) for US vehicle sales is expected to be over 30%. GM’s...
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According to Reuters, GM (GM) and Chrysler have asked the government for $10 billion to close their merger. Reuters reports that Boeing (BA) and its machinists have entered into a tentative labor...
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Markets in Asia rose sharply. The Nikkei was up 6.4% to 7,622. Honda (HMC) was up on a falling yen. Mitsubishi UFJ Financial due to concerns it will raise over $10 billion diluting current...
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Markets in Asia were sharply lower. The Nikkei dropped 9.6% to 7,649. Sony (SNE) fell after warning on earnings. Honda (HMC) and Toyota (TM) were both down over 5%. The Hang Seng dropped 7.2% to...
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