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Stock Market & Financial Investment News

News Breaks
October 7, 2012
19:32 EDTHMCHonda statement on U.S. recall of 2002-2006 CR-V vehicles
Honda will voluntarily recall approximately 268,000 model-year 2002-2006 CR-V vehicles in the United States to inspect and repair or replace the power window master switch. Under severe conditions, rain water or other spilled liquids may enter through an open driverís window and enter the master power window switch on the driverís door. Over time, exposure to water and other fluids can cause electrical resistance in the switch, which ultimately can cause the switch to overheat and melt, damaging the switch and potentially damaging an associated wire harness. Additionally, if a switch melts, it could produce smoke and, potentially cause a fire, creating a risk to motor vehicle safety. No crashes or injuries have been reported related to this issue, but there have been four switch fires reported. Reference Link
News For HMC From The Last 14 Days
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July 29, 2014
08:37 EDTHMCHonda declares Y22 per share dividend
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08:36 EDTHMCHonda sees FY14 net income per share Y332.91
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08:34 EDTHMCHonda reports Q3 EPS 80c vs. 67c last year
Reports Q3 revenue $29.48B, one estimate $30.13B. Honda's consolidated net income attributable to Honda Motor totaled $1.445B, an increase of 19.6% from the same period last year. Basic net income attributable to Honda Motor per common share for the quarter amounted to 80c, an increase of 13c from the corresponding period last year.
July 18, 2014
15:23 EDTHMCJapan to provide generous subsidies for fuel cell vehicles, Nikkei says
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July 16, 2014
09:29 EDTHMCHonda India unit issues recall for 1,338 vehicles, Reuters says
Honda's India division issued a recall for 1,338 vehicles in the country to implement a preventive replacement of the passenger side air bag inflator, according to Reuters, citing an emailed statement from the automobile manufacturer. Reference Link
06:35 EDTHMCAcura aims for boost from new TLX vehicle in U.S., Bloomberg says
Hondaís U.S. senior vice president who leads the Acura brand, Mike Accavitti, said the brand has scrambled to raise U.S. deliveries amid competition from larger luxury vehicles and expects it to experience quicker growth starting in August with the arrival of the new mid-size TLX, according to Bloomberg, citing comments from Accavitti. Reference Link

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