Ford Cut to Junk as Moody’s Doubts Hackett’s Turnaround Bid

In this article Ford Motor Co. was dealt a major blow by Moody’s Investors Service, which cut the carmaker’s credit rating to junk on doubts that a turnaround plan by Chief Executive Officer Jim Hackett will generate earnings and cash quickly enough. Moody’s downgraded Ford to the highest non-investment grade rating, Ba1, saying the automaker’s cash flow and profit margins […]

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Ford results dented by restructuring, gives low '19 forecast

DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analyst expectations. Ford shares fell 7 percent in after-hours trading. Virtually all of Ford’s second-quarter pre-tax profit came from North America, its […]

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Ford says possible pickup truck emoji has been ‘short-listed as a candidate’

The world of emojis could be getting a new four-wheeled addition, according to Ford Motor Company. (Ford) The world of emojis could be getting a new four-wheeled addition, according to Ford Motor Company. Continue Reading Below The automaker on Wednesday shared details of its recent project to bring people a pickup truck emoji and unveiled what the image could look like. […]

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Jeep, Disney, Coca-Cola Among The Most Patriotic American Brands: Survey

A new survey has ranked the brands that American consumers most identified with the value of patriotism. Jeep, now owned by Italian-American automaker Fiat Chrysler Automobiles, was once again identified as the most patriotic brand. Jeep has held the top spot since 2002 when the survey first began. According to the 17th annual survey of iconic American brands in 115 […]

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Ford, GM don’t make the most 'American-made’ car. Here's who does.

The cars that contribute the most to the US economy Cars.com Executive Editor Joe Wiesenfelder on its 2019 American-made Index ranking the most American cars that contribute the most to the U.S. economy. The majority of U.S. customers are eager to purchase an “American made” vehicle, but the bulk of the top 15 cars that contribute the most to the economy […]

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Stocks making the biggest moves midday: Ford, Intel, Mattel & more

Check out the companies making headlines midday Friday: Ford — Ford jumped 9.73% after the car manufacturer reported better than expected first-quarter earnings on Thursday. Ford reported earnings of 44 cents per share, 17 cents higher than expected, and revenues of $37.24 billion, $160 million higher than expected. High demand for pickup trucks and SUVs in North America compensated losses […]

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