Showing posts with label Honda Motor Co.. Show all posts
Showing posts with label Honda Motor Co.. Show all posts

Tuesday, July 24, 2007

Honda, Riding `Buzz' From New Accord, May Win Investors as Toyota Stalls

(Bloomberg) -- Shares of Toyota Motor Corp.
outperformed those of Honda Motor Co. in the first half of the
year on rising U.S. sales. Now it may be Honda's turn.

Japan's second-largest carmaker will reap bigger gains than
Toyota from a weaker-than-forecast yen and higher demand for
more fuel-efficient vehicles in the U.S., said Jeffrey Scharf,
president of Scharf Investments, a $660 million fund in Santa
Cruz, California. Honda also predicts sales will rise with the
September release of a new Accord sedan, its top-selling model.


Read more at Bloomberg Exclusive News

Sunday, July 22, 2007

Asian Stocks Fall From a Record; Honda, Exporters Decline on U.S. Concern

(Bloomberg) -- Asian stocks fell, with a key
regional index dropping from a record. Honda Motor Co. paced a
decline among exporters as disappointing earnings from
Caterpillar Inc. dented confidence in the U.S. economy.

``Caterpillar's result suggested some earnings estimates
were too optimistic,'' said Norihiro Fujito, strategist at
Mitsubishi UFJ Securities Co. in Tokyo.


Read more at Bloomberg Stocks News

Monday, July 2, 2007

Japan Shares Gain, Led by Honda, on U.S. Manufacturing Report; Sony Drops

(Bloomberg) -- Japanese stocks advanced, paced by
automakers such as Honda Motor Co., after manufacturing in the
U.S. unexpectedly climbed to a 14-month high, boosting
confidence Japan's largest export market will weather a weak
housing market.

JFE Holdings Inc. led declines by steel companies on
concern higher costs and overproduction will erode profits. The
Bank of Japan's quarterly Tankan survey that was released
yesterday showed sentiment among steelmakers slid to 38 points
from 46 at the last survey.


Read more at Bloomberg Stocks News

Sunday, June 17, 2007

Japanese Shares Climb to Highest Since Feb., on Easing U.S. Inflation, Yen

(Bloomberg) -- Japanese stocks advanced, driving
key indexes to the highest since February, after a report showed
U.S. core consumer prices slowed, increasing speculation Japan's
biggest overseas market will expand without adding to inflation.

Toyota Motor Corp., the world's largest automaker by market
value, and Honda Motor Co., which made more than half of its
sales in North America last year, led gains.


Read more at Bloomberg Stocks News