Honda Motor Company (HMC) is expanding its business in Asia, growing its global network to increase efficiency, and introducing new products to satisfy local markets. Further, capacity expansion plans in Asia and a new sales strategy in Japan inspire optimism about Honda’s future prospects.On October 28, Honda Motor reported results for the [...]
We are reiterating our Hold rating on the shares of Intel Corp. (INTC), the world’s largest manufacturer of semiconductor products.September quarter revenue was in-line with the consensus, while the EPS exceeded. Forward guidance is for a revenue decline of -1% to a revenue increase of 7% in the fourth quarter. Since [...]
Gold continues to surprise to the downside on the COMEX and the futures markets in spite of huge physical demand, increasing supply issues and surging premiums on bullion products.Speculative paper players using huge leverage continue to exit positions for the relative safety of cash due to margin calls on other bets and [...]