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Nearly 880,000 Honda SUVs and trucks recalled over rear subframe corrosion risk

Market News
10 Jun 2026
Forbes
View Source
Bearish
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Honda is recalling 880,514 SUVs and trucks, including over 463,000 Honda Pilots, due to a risk of rear subframe corrosion that could cause drivers to lose control. The recall affects models sold mainly in 22 U.S. states known as the "salt belt," where road salt use can accelerate corrosion. Owners will receive notification by July 7 and must visit dealers for reinforcement kits and repairs. No injuries or deaths have been reported so far related to this issue.

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Halper Sadeh LLC probes fairness of deals for ESI, CRNX, SOLS shareholders amid merger sales.

Halper Sadeh LLC probes fairness of deals for ESI, CRNX, SOLS shareholders amid merger sales.

Halper Sadeh LLC is investigating whether shareholders of Element Solutions Inc (ESI), Crinetics Pharmaceuticals (CRNX), and Solstice Advanced Materials (SOLS) are receiving fair treatment in their respective sale and merger transactions. The firm hi...

Market News
Bearish
30 minutes ago
Comcast faces price target cuts amid rising competition and NBCUniversal spin-off plans

Comcast faces price target cuts amid rising competition and NBCUniversal spin-off plans

Investment banks Scotiabank and Bernstein have lowered their price targets for Comcast due to increased competition from new players like SpaceX's Starlink and valuation risks. Comcast is also undergoing a major strategic shift by spinning off its NB...

Analyst Insights
Bearish
1 hour ago
Elevance Health beats Q2 earnings and revenue estimates, raises full-year EPS outlook.

Elevance Health beats Q2 earnings and revenue estimates, raises full-year EPS outlook.

Elevance Health reported strong Q2 2026 results with earnings per share of $7.45, surpassing analyst estimates of around $6.20. Revenue also exceeded expectations at $49.83 billion, marking consistent quarterly outperformance. The company raised its ...

Company Fundamentals
Bullish
1 hour ago
Lotto.com appoints new COO and VP of HR to drive US digital lottery expansion

Lotto.com appoints new COO and VP of HR to drive US digital lottery expansion

Lotto.com has appointed Ruxandra Tereanu as Chief Operating Officer and Amanda Coyle as Vice President of Human Resources to strengthen its leadership team amid ongoing expansion in the US digital lottery market. Tereanu brings 13 years of experience...

Company Fundamentals
Bullish
1 hour ago
Worldline schedules H1 2026 results call for July 30, with webcast and Q&A for analysts.

Worldline schedules H1 2026 results call for July 30, with webcast and Q&A for analysts.

Worldline has announced a conference call to discuss its H1 2026 financial results on July 30, 2026, at 6:30 pm CET. The event will be accessible via webcast, and sell-side analysts can participate in a Q&A session by pre-registering. The press relea...

Company Fundamentals
Neutral
1 hour ago
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