Ford Motor Co
Tesla or Ford? Analysts identify their beloved stock as the EV race heats up
The previous month has been an eventful 1 for Tesla and Ford . Electric powered car maker Tesla created waves as it slashed rates in a bid to stoke demand . Soon soon after, automaker Ford — which also now tends to make EVs — adopted match by reducing price ranges throughout its Mustang Mach-E […]
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Ford sold 91 million shares of EV startup Rivian last year
RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor liquidated most of its ownership stake last year in electric vehicle maker Rivian Automotive, according to the Detroit automaker’s annual report submitted to the Securities and Exchange […]
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Ford’s CEO needs to deliver by next quarter, or we’re moving on from the stock
Ford Motor (F) CEO Jim Farley on Friday said the automakers’ messy fourth quarter was a function of its transition to a new business structure that limited production capacity, combined with poor execution. But we remain disappointed in the results, and need to see an increase in profitability to stick with the stock after the […]
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Stocks making the biggest moves midday: Amazon, Alphabet, Apple, Nordstrom, Ford and more
Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022. Sandy Huffaker | Reuters Check out the companies making headlines in midday trading. Amazon – The e-commerce giant’s stock tumbled 4% despite a revenue beat. Late Thursday, Amazon issued weaker-than-expected guidance for the current period. The company […]
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Biden administration expands EV tax credits in boost for Tesla, Cadillac, others
A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT – The U.S. Treasury said Friday it is changing its definition of an “SUV” to make more electric vehicles from […]
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Deutsche Bank downgrades Ford, cites ugly fourth quarter and ‘aggressive’ 2023 guidance
A large fourth-quarter miss from Ford is sending a warning signal to analysts at Deutsche Bank. Analyst Emmanuel Rosner downgraded shares of the automaker to a sell from a hold rating in a Friday note to clients, citing the company’s high valuation and downside to its “aggressive” 2023 outlook. The guidance and fourth-quarter miss “in […]
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5 things to know before the stock market opens Friday
A man walks past the Nasdaq MarketSite in New York on Jan. 28, 2022. Michael Nagle | Bloomberg | Getty Images Here are the most important news items that investors need to start their trading day: 1. Tech letdown Meta raised everyone’s hopes with its refreshing talk of efficiency Wednesday, but the Facebook parent ultimately […]
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Stocks making the biggest moves before the bell: Apple, Alphabet, Amazon, Starbucks and more
These are the stocks posting the largest moves in premarket hours. Source
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Ford CEO Jim Farley’s frustration builds as he vows to transform the automaker
Ford CEO Jim Farley is frustrated. The company’s fourth-quarter earnings on Thursday missed analyst expectations by a wide margin, as costs and supply chain issues again hurt Ford’s bottom line, Farley knows his company needs to change. “We have to change our cost profile,” Farley told CNBC after a call with analysts to discuss the […]
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Ford is set to report results after the bell. Here’s what Wall Street expects
Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is set to report its fourth-quarter earnings after the bell Thursday. Here’s what Wall Street is expecting, according to […]
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