5:43am ET
Investing
Nikkei Moves Toward Pre-Crisis Levels
The Nikkei rose 4.3% today to 9,608. Another two days of similar gains would put the index at nearly 10,550, which is close to where it traded before the devastating earthquake and…
Companies
Honda Motor Co Ltd ADR
$31.86
▲ $0.53 (+1.69%) today
Markets closed · 10:38pm ET
HMC Coverage
Page 388:44pm ET
Cars and Drivers
GM Makes Cuts: What Is “Nonessential” Spending?
GM (NYSE: GM) management informed the company’s workers this weekend that it would cut all “nonessential” costs because of parts shortages which are a result of the Japanese earthquake. GM has many…
4:11am ET
Media
Media Digest (3/18/2011) Reuters, WSJ, NYT, FT, Bloomberg
Goldman Sachs Group (NYSE: GS) cut 5% of the employees in its trading operation (Reuters) Congress added another stop gap budget bill to take the federal government’s funding through April 8 (Reuters)…
11:47am ET
Investing
Japan’s New Car Market Could Hit the Skids (TM, HMC, NSANY)
The impact and aftermath of the Japanese earthquake on the US car market has been speculated about and analyzed pretty carefully in the past few days. As the second largest car market…
4:45am ET
Cars and Drivers
Will Americans Stop Buying Cars? Japan Impact
Americans may cut back car purchase as shipments of automobiles from Japan fall due to the earthquake and tsunami there. The effect on US car companies would seem to be positive, but…
8:41am ET
Infrastructure
Special Japan Coverage: The Financial Fallout–Nikkei Ends Up 5.7%%, DJIA Off 1.2% For The Day
3.20 AM The Nikkei ended up 5.7% higher as problems with leaking reactors appeared to be temporarily under control. 8.50 PM The Nikkei recovered some of its lost ground in early trading…
4:13am ET
Media
Media Digest (3/14/2011) Reuters, WSJ, NYT, FT, Bloomberg Nikkei Down 6.2%
The rook of a second nuclear reactor blew off in Japan. (Reuters) A hacker group plans to release Bank of America (NYSE: BAC) e-mails today. (Reuters) Members of Congress are certain of…
8:46am ET
Infrastructure
The Awful Financial Impact From Japan’s 8.9-Quake (EWJ, JEQ, JOF, DXJ, SNE, TM, HMC, BRK-B, SNDK, MU)
It is hard to focus solely on the economic impact of tragedy and catastrophe when you read headlines such as “death count 60…” and “death count exceeding 100…” Unfortunately, the damage and…
1:30pm ET
Cars and Drivers
Toyota’s Five-year Plan (TM, F, GM, HMC)
Toyota Motor Corp. (NYSE: TM) has just recovered from a year that could have sunk lesser companies. Mere survival, though, is not Toyota’s goal. The company’s president and grandson of Toyota’s founder,…
12:05pm ET
Investing
Oil Prices Could Kill Auto, Light Truck Sales (F, GM, TM, HMC)
History could be about to repeat itself. In 2008, gasoline prices moved above $3/gallon and sales of gas-guzzling SUVs, pickups, and some cars plummeted. With gasoline prices moving inexorably toward $4/gallon today,…
5:47am ET
Cars and Drivers
The Coming US Car Price War
There is a car price war about to take place in the US. It will be driven by the large number of new models which have begun to be released, the high…
3:32pm ET
Cars and Drivers
Car Sales Finally Signal Economic Recovery: Auto Companies Could Post Record Profits
US domestic vehicle sales reached a a 27-year low in 2009 when only 10.4 million units were sold. The figure for 2005 was 16.94 million, a period of unusual prosperity. In other…
5:58am ET
Investing
Ten Companies Running Out Of American Customers
Companies locked in a struggle to remain viable and maintain their profits and sales sometimes begin to run out of customers. This happened to GM (NYSE: GM), which had a 50% share…
5:31am ET
Energy
Ten Industries In Which The US Is No Longer No.1
Americans are used to being No.1 in nearly all the world’s businesses, and athletic endeavors. The foundation of that certainly began to erode in the 1970’s, when much of America’s manufacturing industry…
5:30am ET
Cars and Drivers
Honda’s Profits: The Risk Of A US Recovery
Honda Motor (NYSE: HMC) announced it third quarter earnings and raised it full-year net income forecast to 530 billion yen from 500 billion. Honda said its optimism was based on US sales…
Douglas A. McIntyre