import

Trade Deficit Narrows As Imports, Exports, Both Down

The gap was still higher than the $44 billion deficit economists had expected.

The deficit for January was revised up to $47.0 billion from $46.3 billion.

February exports were down $2.4 billion from the month prior, while February imports were down $3.6 billion.

Trade volumes are likely to be reduced further in March and April due to the parts shortages stemming from the earthquake and tsunami in Japan, as well as lower imports and

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The trade deficit fell 2.6% in February to $45.8 billion, the Department of Commerce reported Tuesday, due in large part to a 4.4% drop in oil imports.

By FNNO Staff
fnnonline@gmail.com

Inventory Shortage May Force Honda To Suspend Half of Workforce At Mexican Plant (HMC)

Some Japanese air- and seaports are still closed due to damage from the earthquake and tsunami, which is constricting the company's supply chain to North America.

The temporary job suspensions would affect about 1,100 of the factory's employees.

analysis, automotive, business, eathquake, export, factory, financial, hmc, honda, import, japan, layoffs, market, mexico, news, stock, trading, tsunami

A Honda Motor Co (NYSE:HMC) factory in El Salto, Mexico may suspend half of its workforce as inventories run dry, local newspaper Reforma reported, citing a company spokesman.

By FNNO Staff
fnnonline@gmail.com

U.S. Trade Deficit Jumps 15.1% In January, Even As Exports Set Record

The rise far out-stripped expectations for a January trade deficit of $41.5 billion. The increase was due to increased imports of petroleum products, automotive vehicles and parts, consumer goods, and capital goods, which reached

Both U.S.

auto, balance, business, capital, commerce, consumer, credits, deficit, economy, export, import, investment, jobs, petroleum, private sector, tax, trade, vehicle

The U.S. trade deficit widened an unexpectedly large 15.1% in January, to $46.3 billion from a revised $40.3 billion in December, according to the Commerce Department's monthly statement on the U.S.'s trade balance.

By Stephanie Shyu
sshyu@fnno.com

The Week Ahead: February 14, 2011

Monday, February 14th kicks off earnings reports from MGM Resorts (MGM) before the opening bell and Agilent Technologies (A), Marriott (MAR), and FMC Technologies (FTI) after market close. No major economic reports are scheduled f

On Tuesday, February 15th, you can expect Sirius XM Radio's (SIRI) earnings report early on the morning. Rovi Corp (ROVI), Tesla Motors (TSLA), Allscripts Healthcare (MDRX), and Dell (DELL) will be reporting their earnings in the

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Here's a look at earnings and economic data for the week of February 14th.

By FNNO Staff
fnnonline@gmail.com

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