Honda Cars : Honda Motor Co. Rating Increased to Outperform at Zacks (HMC) | 2013 New Honda Car Reviews 0

Honda Motor Co. (NYSE: HMC) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Monday. The firm currently has a $38.00 price target on the stock.

Zacks’ analyst wrote, “Honda expects to benefits from its global network and business expansion in Asia.
The automaker is well positioned to take advantage of stricter environment regulations given its long-term focus on hybrid vehicles. Given these factors and favorable model mix and effective cost reduction measures, the company anticipates a revival in sales and profits for fiscal 2013. Although it missed the Zacks Consensus Estimate by $0.14 per share, the company posted a steep 61% increase in profits to 71.6 billion ($871 million) in the fourth quarter of the fiscal 2012. As such, we have upgraded the recommendation on the shares of the company to Outperform from Neutral and set a target price of $38.00.”

Separately, analysts at Credit Suisse (NYSE: CS) upgraded shares of Honda Motor Co. from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, May 7th.

Honda Motor Co. traded down 0.87% on Monday, hitting $31.92. Honda Motor Co. has a 1-year low of $27.52 and a 1-year high of $41.23. The company has a market cap of $57.529 billion and a price-to-earnings ratio of 21.86.

Honda Motor Co, Ltd. (Honda) develops, produces and manufactures a variety of motor products, ranging from small general-purpose engines and scooters to specialty sports cars.

Source;
http://zolmax.com/honda-motor-co-rating-increased-to-outperform-at-zacks-hmc/2910189/

Honda Cars : American Honda Finance Sells $1.75 Bln Deal In US Bond Market -Source | 2013 New Honda Car Reviews 0

NEW YORK (Dow Jones)--American Honda Finance Corp., a financing arm of Honda Motor Co. (HMC, 7267.TO), sold $1.75 billion in a two-part private placement in the U.S. credit markets Tuesday, according to a person familiar with the matter.

The deal featured $1 billion of 1.45% coupon, three-year notes priced to yield 1.468%, or 103 basis points over Treasurys, and $750 million of 2.125% coupon, five-year notes priced to yield 2.126%, or 123 basis points over Treasurys. Each yield is two basis points tighter than original pricing guidance.

A banker familiar with the deal said it garnered about $4.25 billion of orders from investors, or more than two-and-a-half times the needed amount.

The notes are expected to be rated A1 by Moody's Investors Service, A-plus by Standard & Poor's, and A by Fitch Ratings.

Barclays Capital, J.P. Morgan and Royal Bank of Scotland are lead underwriters on the sale.

-By Patrick McGee, Dow Jones Newswires; 212-416-2382; patrick.mcgee@dowjones.com

Source;
http://online.wsj.com/article/BT-CO-20120221-717467.html

Honda Cars : Honda Chopper Concept | 2013 New Honda Car Reviews 0

Honda Motors unveiled an all new concept chopper earlier this week. From just looking at this concept bike, you will realize that this is not a motorcycle from this world, but from the future. Honda engineers, as always, have perfected a masterpiece. As it is a concept motorcycle, Honda Chopper electric will not go into production ever, as of now.

Honda Chopper concept electric is powered by two electric Motor fitted independently on both wheels. Don't worry, they work perfectly well together. We do not know the tech specs of this futuristic Honda bike, which according to many is a genius work of art and engineering design. This Honda electric chopper is designed by Mr Peter Norris, who we think is a big Star Wars fan.

As it is powered by electric motors, the Honda electric chopper does not pump harmful fumes into our environment, giving owners a new feel of Pride. Though a futuristic chopper, this Honda superbike will be a performance bike with a decent acceleration and topspeed. As of now we wonder, how this motorcycle would maneuver in city traffic, or for that matter take a turn, any guesses?

Source;

http://www.rushlane.com/honda-concept-chopper-electric-bike-is-really-a-motorcycle-from-the-future-photos-1225877.html