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Honda Motor, Ford Motor, General Motors, PSA Peugeot and Fiat SpAhighlighted in Zacks Analyst Blog:



 Honda Motor, Ford Motor, General Motors, PSA Peugeot and Fiat SpAhighlighted
                            in Zacks Analyst Blog:

PR Newswire

CHICAGO, Jan. 16, 2013

CHICAGO, Jan. 16, 2013 /PRNewswire/ -- Zacks.com announces the list of stocks
featured in the Analyst Blog. Every day the Zacks Equity Research analysts
discuss the latest news and events impacting stocks and the financial markets.
Stocks recently featured in the blog include Honda Motor Co. (HMC), Ford Motor
Co. (F), General Motors Company (GM), PSA Peugeot (PEUGY) and Fiat SpA
(FIATY).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Today, Zacks is promoting Four daily picks are offered free.

Here are highlights from Wednesday's Analyst Blog:

Honda to Trim Jobs in Europe

Honda Motor Co. (HMC) plans to terminate 800 jobs at its South Marston plant
near Swindon in southwest England due to sagging demand for its vehicles in
Europe. The job cut would take place in the second quarter of the year.

The plant, which manufactures Civic, Jazz and CR-V models, has an annual
production capacity of 250,000 cars. The company employs 3,500 people at the
plant and produced 150,000 vehicles in 2012.

Many global automakers, including Ford Motor Co. (F) and General Motors
Company (GM), and many European automakers such as PSA Peugeot (PEUGY) and
Fiat SpA (FIATY) are resorting to job cuts and plant closures, as it became no
longer feasible for them to undertake full-fledged operations in the
continent. Honda is no exception. Demand for cars continues to slump in
Europe's major markets, including France and Germany.

Last year, Honda added 500 workers and invested £267 million ($430 million) in
the South Marston plant in anticipation of higher demand for its vehicles.
However, sales in the continent, mainly Spain and Greece, fell by nearly a
million, disappointing the company and prompting it to cut jobs.

Honda, a Zacks Rank #5 (Strong Sell) stock, reported a 36.1% rise in profits
to ¥82.23 billion ($1.06 billion) or ¥45.63 (59 cents) per share in the second
quarter of its fiscal 2013 ending Mar 31, 2013 from ¥60.43 billion or ¥33.53
per share in the year-ago quarter. However, earnings per share in the quarter
lagged the Zacks Consensus Estimate by 33 cents.

Consolidated net sales and other operating revenues in the quarter appreciated
20.4% to ¥2.27 trillion ($29.27 billion) driven by higher revenues from the
company's Automobile segment with the recovery from the impact of twin
disaster in Japan in 2011, offset partially by unfavorable foreign currency
translation effects.Despite better results, Honda downgraded its revenue and
earnings guidance for fiscal 2013 due to a negative impact from increased SG&A
expenses and R&D expenses, and unfavorable currency translation effect.

The company has projected revenues to improve 23.3% ¥9.80 trillion, operating
profits to rise 124.8% to ¥520 billion, net profit to go up 77.3% to ¥375
billion and earnings per share of ¥208.07 for the year. This compared with the
prior outlook of a 29.6% increase in revenues to ¥10.30 trillion, 168% rise in
operating profits to ¥620 billion, 122.2% increase in net profit to ¥470
billion and earnings per share of ¥260.78 for the year.

Today, Zacks is promoting Four daily picks are offered free.

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