Financial News Discussion of TM - Toyota Motor Corporation ADS on Squawk Box

Financial News for Toyota Motor Corporation ADS (TM)

TM 2/9/2010 12:51PM 52 Week Price Range Market Capitalization Dividend Yield Recent Dividend
$74.92 $56.79 — $91.97 $114.2 Billion 2.00% $2.49

Want to Sharpen Your Investing?

Learn how Ockham can help investors make informed decisions and slice through the noise. Learn more about Ockham's services.

Sign Up Now for Ockham's Stock Analysis and News Services

Explore Why Ockham?

Quality Analysis
Ockham has fundamental valuations on over 5000 companies which we distribute, to our clients via highly-focused equity reports, weekly newsletters, and analysts' daily market commentary blogs. (Learn More)
Crowd Sentiment
Through our partnership with The Motley Fool, Ockham provides the most robust data on investors' sentiment of individual stocks. This indicator, along with our valuations and our news tracking, helps our clients make informed investment decisions. (Learn More)
Financial News Slicing
With the influx of noise in our lives, it can be exceedingly difficult to separate the essential news from everything else. Ockham's RazorWire tool "slices" through business television and impactful blogs to provide you with the clearest information possible. (Learn More)
Toyota Motor Corp. ADS was discussed on Squawk Box which was originally produced by CNBC on 11/5/2009
There was a discussion about Toyota Motor Corporation ADS on Squawk Box and RazorWire has captured an important portion of the story below.

Compelling, doesn't it? >> it does. And the futures are higher some people have been pointing to that as a possible reason. TOYOTA posted a better than expected earnings overnight. Phil lebeau has the story for >> hi, becky. This seems to be the quarter when automakers are turning in a better than expected numbers. As with many other automakers, here is what TOYOTA had to a surprise profit in its quarterly earnings released early this morning, mid morning in japan, a profit of $242 that's down 84% from the quarter a year ago. Sales, $50 billion, down 24%. The thing to keep in mind with TOYOTA swinging to a profit is that it's all largely based on government incentive programs around the world certainly helps however, the strong yen continues to away problem for it is offsetting the recovery that's the reason why as TOYOTA was discussing its quarterly results, the company has said it has some concerns ahead of it. TOYOTA has cut its impacted annual loss in half. Take a look at shares of TOYOTA. And again, like many of the automakers, benefitting from these incentive programs, boosting sales around the world. But TOYOTA has the added burden of the strong yen because it ex ports so many vehicles from japan. But again, a surprise quarterly profit from TOYOTA. You go, guys, I have to go back and check, but I think that's the third or fourth automaker that has come in with better than expected numbers this quarter. >> so a real quick question. I know part of it has to be the foreign exchange that they're but sales were only down by 24%, earnings down by 84%.

“hen automakers are turning in a better than expected numbers. As with many other automakers, here is what TOYOTA had to a surprise profit in its quarterly earnings released early this morning, mid morning in japan, a profit of $242 that's down 84% from the quarter a year ago. Sales, $50 billion, down 24%. The thing to keep in mind with TOYOTA swinging to a profit is that it's all largely based on government incentive programs around the world certainly helps however, the strong yen continues to away problem for it is offsetting the recovery that's the reason why as TOYOTA was discussing its quarterly results, the company has said it has some concerns ahead of it. TOYOTA has cut its impacted annual loss in half. Take a look at shares of TOYOTA. And again, like many of the automakers, benefitting from these incentive programs, boosting sales around the world. But TOYOTA has the added burden of the strong yen because it ex ports so many vehicles from japan. But again, a surprise quarterly profit from TOYOTA. You go, guys, I have to go back and check, but I think that's the third or fourth automaker that has come in with better than expected numbers this quarter.
so a real quick question. I know part of it has to be the foreign exchange that they're but sales were only down by 24%, earnings down by 84%. ”
Squawk Box Nov 5, 2009 6:33 AM
Some important items we've observed: