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Pre-market futures are mixed after one of the best sessions in the stock market in years. With the surprise stepping-down of UnitedHealthcare ( UNH ) CEO Andrew Witty for “personal reasons,” effective immediately, the Dow component helped move the index -135 points at this hour.
Honda Motor Co., Ltd. (NYSE:HMC ) Q4 2025 Earnings Conference Call May 13, 2025 4:00 AM ET Company Participants Toshihiro Mibe - Director, President and Representative Executive Officer Noriya Kaihara - Director, Executive Vice President and Representative Executive Officer Eiji Fujimura - Director and Managing Executive Officer Conference Call Participants Operator Thank you for taking time to attend Honda's Financial Results Press Conference for the Fiscal Year Ended March 31, 2025.
U.S. equities were mixed at midday, boosted by tech stocks and a new report showing consumer inflation came in lower than expected. The Nasdaq was up 1.5%, and the S&P 500 rose almost 1%.
Honda (NYSE:HMC) Canada said it will postponing a C$15 billion (US$10.7 billion) electric vehicle investment project, which includes a proposed EV battery plant and retooled vehicle assembly facility, in Alliston, Ontario. Ken Chiu, Honda spokesperson, said the project will be postponed by approximately two years due to the recent slowdown in the EV market.
CNBC's Phil LeBeau joins 'Squawk on the Street' to discuss earnings reports from Honda and Nissan.
TOKYO , May 13, 2025 /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal year ended March 31, 2025.
Honda Motor (NYSE:HMC) shares edged up 1% in Tokyo on Tuesday, holding steady despite a stark warning from the company that it expects a 59% drop in profits this year. Investors appeared to take comfort in the fact that the news, though disappointing, was neither a shock nor worse than feared.
The carmaker projected a sharp drop in profit as it expects to be hit by higher U.S. tariffs on foreign-made cars.
Honda Motor reports 76% plunge in operating profit in huge earnings miss
Japan's Honda Motor forecast a 59% profit decrease for the current financial year on Tuesday as the impact of U.S. President Donald Trump's tariffs and a stronger yen offset gains from demand for its hybrid lineup.