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Ticker Summary (HMC)

31.77+0.77 (+2.48%)
Open 31.92
High 31.92
Low 31.30
Volume 563,924
Market Cap 57.7B
52 Week High 37.23
52 Week Low 28.33
P/E 18.80
F P/E 10.76
EPS 1.69
Dividend N/A
Yield N/A
1 Year Target 38.00

HMC 31.77 +2.48%

Honda Posts Largest Drop in Profits in 10 Years (www.bloomberg.com)

Honda Motor Corp. reported its largest drop in profits in ten years. The company stated that net income dropped 86 percent to 25.4 billion yen ($244 million). The company who makes nearly 70 percent of its revenues from America is going to have a rough year as the stronger yen compared to the dollar will hurt the company.

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2 years 238 days ago by Tim

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