Floods in Thailand Affecting Toyota, Honda, Western Digital, Other Companies
Massive floods in Bangkok, Thailand, are affecting the operations of several large western and Japanese companies, and their shares are trading lower as a result.
Among the companies affected by these floods are:
- Toyota (NYSE:TM): The shares recently traded at $66.39, down $0.95, or 1.41%, on the day. The shares have traded in a 52-week range of $65.30 to $93.90 and its market capitalization is $104.09 billion. About the company: Toyota Motor Corporation manufactures, leases, sells, and repairs passenger cars, trucks, buses, and their related parts worldwide. The Company also operates financing services through their subsidiaries. Toyota Motor builds homes, produces pleasure boats, and develops intelligent transportation systems including radar cruise control and electronic toll collection systems.
- Honda Motor Co. (NYSE:HMC): The shares recently traded at $29.76, down $0.91, or 2.97%, on the day. The shares have traded in a 52-week range of $28.04 to $44.56 and its market capitalization is $53.64 billion. About the company: Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, and power products such as generators and farm machinery. The Company also operates a financial credit business. Honda Motor has manufacturing facilities in the US, Canada, the UK, France, Italy, Spain, Brazil, Mexico, India, and Thailand.
- Western Digital (NYSE:WDC): The shares recently traded at $24.43, down $0.01, or 0.04%, on the day. The shares have traded in a 52-week range of $22.64 to $41.87 and its market capitalization is $5.7 billion. About the company: Western Digital Corporation designs and manufactures hard drives for desktop computers and home entertainment applications.
Also affected are companies that rely on Western Digital products, such as Hewlett Packard (NYSE:HPQ) and Dell, Inc. (NASDAQ:DELL). Shares of HPQ are trading at $24.31, down $0.67, or 2.68%, on the day. Shares of DELL are trading at $14.96, down $0.95, or 5.97%, on the day.
(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)
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