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View Full Version : Honda Forecasts 71% Profit Drop on Car Sales Plunge - Bloomberg



NewsWhore
04-28-2009, 05:27 AM
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Honda Forecasts 71% Profit Drop on Car Sales Plunge (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DanYL5qcEi9dE%26refer%3Dasia&cid=1342532854&ei=zs32ScC8Ooio8ASFooCPCA&usg=AFQjCNHl8WGjP6f09zz6_PPxKqBuiWuXRw)
Bloomberg
The stronger currency cut the company&#39;s fourth-quarter operating profit by 26.8 billion yen. Honda will cut its quarterly dividend to 8 yen a share. For this fiscal year, it will pay a total of 32 yen a share compared with 63 yen last year. ...


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