Honda Expects Drop in Profit

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By
Muhammed El-Hasan
on June 14, 2011 9:31 AM | | Comments (0) |

No matter how much a company prepares, mother nature (the earthquake and tsunami) always has a trump card that changes everything.

TOKYO (MarketWatch) -- Honda Motor Co. said Tuesday it expects its net profit to sink by more than half in the current fiscal year, as the strong yen, higher costs and disrupted production after the March 11 earthquake eat into its bottom line.

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This page contains a single entry by Muhammed El-Hasan published on June 14, 2011 9:31 AM.

Toyota No Longer Cares About Being No. 1 was the previous entry in this blog.

Mattel Adds Video To Hot Wheels Cars is the next entry in this blog.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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