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Honda' profits sink in darkness
"Honda has posted its Q3 financial report and things are looking really scary. The company's operating profit dropped 63 percent in 2008's last quarter and the net profit in practically non-existent, as numbers indicate a 90 percent crash. It is the fourth time this year Honda Motor Co. is lowering its profit forecasts. Honda looks now for an operating profit by the end of the fiscal year in March of $1.6 billion, down from last year's profit of $10.6 billi..." Continue Reading →
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