UK Markets close in 3 hrs 20 mins

Honda Motor Co., Ltd. (HMC)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
24.64-0.99 (-3.86%)
At close: 04:00PM EDT
24.71 +0.07 (+0.28%)
Pre-market: 08:00AM EDT
Full screen
Loading interactive chart…
  • Reuters

    Honda warns of rising costs, forecasts weaker annual profit

    TOKYO (Reuters) -Japan's Honda Motor on Friday forecast a 7% fall in annual earnings, instead of an expected rise, and warned that the long chip crunch and rising raw material costs were hurting profit, echoing comments from rivals Toyota and Nissan. Global automakers such as Honda have slashed production due a severe shortage of semiconductors, and now face what top automaker Toyota Motor called an "unprecedented" increase in costs as China's COVID-19 curbs have shuttered factories and the war in Ukraine further strains supply chains. "We are currently hoping to get the business on a recovery track in June," by using parts that are in stock, Senior Managing Executive Officer Yasuhide Mizuno told a post-earnings call.

  • Bloomberg

    Jumbo Green Deal Wakes Up ESG Market

    (Bloomberg) -- The green bond market is roaring back to life with the biggest-ever corporate sale, pulling in investors starved of ethical debt during this year’s market turmoil.Most Read from BloombergCiti Trader Made Error Behind Flash Crash in Europe StocksBiggest Treasury Buyer Outside U.S. Quietly Selling BillionsAlibaba Recovers After Report on ‘Ma’ Briefly Erased $26 BillionUkraine Latest: Kremlin Says Putin and Macron Discussed MariupolRussia Seeks to Annex Occupied Ukraine as Invasion G