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Stock Market & Financial Investment News

News Breaks
November 14, 2012
16:21 EDTHMC, KBRKBR to construct facility for Honda Aircraft
KBR (KBR) announced that KBR Building Group has been awarded a contract by American Honda Motor (HMC) to construct a new maintenance, repair and overhaul facility located adjacent to Honda Aircraft Company's world headquarters at the Piedmont Triad International Airport in Greensboro, N.C. KBR Building Group will provide general contracting services for the 90,000-square-foot facility being constructed to support HondaJet. Site work has begun with occupancy slated for 2H13, prior to HondaJet's entry into service.
News For KBR;HMC From The Last 14 Days
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February 5, 2016
06:09 EDTHMCHonda, Fiat to recall about 5M vehicles to fix airbag defect, NY Times reports
Car makers including Honda (HMC) and Fiat Chrysler (FCAU) plan to recall roughly 5M vehicles worldwide to repair a malfunction in an airbag component known for years but left unaddressed, the New York Times reports. Continental Automotive Systems, the German supplier that builds electronic components that control car airbags, has known about a defect in certain units since January 2008, the report says, citing a filing with federal safety regulators. Semiconductors within the unit could corrode, which could cause the airbags to deploy inadvertently or not deploy at all, the report says. No fewer than nine injuries have been linked to the malfunction, the report says. Reference Link
February 3, 2016
13:56 EDTHMCHonda recalls 1.7M vehicles due to Takata airbag inflators, Automotive News says
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February 2, 2016
14:11 EDTHMCAutodata estimates January U.S. auto sales pace at 17.58M, CNBC reports
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10:30 EDTHMCHonda reports January U.S. sales down 1.7% to 100,497 vehicles
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07:09 EDTHMCTrueCar projects U.S. revenue from new vehicle sales reached $38B in January
TrueCar projects U.S. revenue from new vehicle sales reached a record high for the month of January of $38 billion, up 1.4 percent from a year ago. January marked the auto industry's 25th consecutive month of year over year revenue expansion. Higher average transaction prices helped automakers post a $520 million gain in revenue versus January 2015, despite a likely increase in incentive spending and somewhat lower sales compared with a year ago. As previously announced, TrueCar projects sales of new cars and light trucks contracted 0.3 percent last month. Publicly traded companies in the space include Daimler AG (DDAIF), Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
05:45 EDTKBRElbit Systems and KBR joint venture awarded contract for UK Military
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February 1, 2016
18:46 EDTHMCAutomakers hit with additional costs due to China regulatory shift, Reuters says
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January 29, 2016
08:03 EDTHMCHonda reports Q3 Motorcycle sales revenue Y 442.1B
Reports Q3 Automobile sales revenue Y 2.65T. Reports Q3 Financial services sales revenue Y444.5B.
06:10 EDTHMCHonda sees FY16 Motorcycles sales 10,715 units
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06:08 EDTHMCHonda sees FY16 EPS Y291.30, revenue Y14.55T
Sees FY16 operating profit Y685B, profit before income taxes Y805B.
06:06 EDTHMCHonda reports Q3 EPS Y68.91 vs. Y84.56 last year
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January 28, 2016
10:28 EDTHMCTakata CEO plans to resign, WSJ reports
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January 27, 2016
09:35 EDTKBRKBR downgraded to Hold from Buy at Vertical Research
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January 25, 2016
10:02 EDTKBRKBR downgraded to Hold from Accumulate at Tudor Pickering
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