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Jim Cramer Remains Bullish On Ford Despite EV Investment Reduction: 'I Know You're Supposed To Buy The Autos'
Wednesday, November 22, 2023 - 6:16am | 469In the wake of a recent shift in electric vehicle (EV) investment strategy, Ford Motor Company (NYSE:F) continues to earn the confidence of CNBC’s Jim Cramer. CNBC reported Ford has opted to scale back its investment in a Michigan-based EV battery plant. This decision comes on the heels of a...
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Bernie Sanders Calls For 'Fair' Agreement Amid UAW Strike Threat At GM, Ford, Stellantis: 'Cannot Have It All'
Monday, August 28, 2023 - 5:23am | 544U.S. Senator Bernie Sanders urged the three leading U.S. car manufacturers, namely Ford Motor Co. (NYSE:F), General Motors Co. (NYSE:GM) and Stellantis NV (NYSE:STLA), to engage in fair negotiations with the United Auto Workers(UAW) union to avert a potential...
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Here's How Much Princess Diana's 1985 Ford Escort Sold For At Auction
Sunday, August 28, 2022 - 1:36pm | 504Diana, Princess of Wales, drove a black Ford Motor Company (NYSE: F) Escort RS Turbo Series 1 in the 1980s. In a recent auction, the car was sold for a whopping $857,712, which includes a buyer's premium of 12.5%. A British bidder was the winner of the auction, which was...
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GM Said To Temporarily Halt Exports To Russia As It Weighs Impact Of Global Sanctions Against The Country
Tuesday, March 1, 2022 - 2:15am | 397General Motors Co (NYSE: GM) is halting vehicle exports to Russia until further notice, Fox Business reported on Monday, citing a company statement. What Happened: Detroit, Michigan-based GM stopped production in Russia seven years ago and ended a joint venture in 2019 but still runs...
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Exclusive: Ford Motor CFO Continues To See FY15 Profit 'Breakthrough'
Tuesday, April 28, 2015 - 2:50pm | 497Bob Shanks was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Ford Motor Company (NYSE: F)'s Chief Executive Robert L. Shanks continues to expect 2015 will be "a breakthrough year" for profits based on new products and...
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Markets Higher In Another Quiet Session Ahead Of Expiration Of Ceasefire Between Israel And Hamas
Wednesday, August 13, 2014 - 4:43pm | 2982U.S. stocks rose for the third time in four days bringing the Dow back into positive territory for the year. Investors appeared to brush up poor retail sales from Macy's while focusing on business inventories that rose in June. On the international front, Ukraine said it would not allow...
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Earnings Season Boosts Confidence; S&P Trades At Record Highs
Tuesday, July 22, 2014 - 4:40pm | 2810U.S. stocks rose as earnings season continues to impress with companies like Comcast, Chipotle Mexican Grill and Verizon reported positive results. The National Association of Realtors reported existing home sales rose better than expected. helping propel stocks higher despite global...
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Dow Sets New Intraday High; Citigroup Impresses With Earnings
Monday, July 14, 2014 - 4:44pm | 2632U.S. stocks rose as earning season unofficially kicked off with Citigroup reporting better than expected earnings. The Dow Jones Industrial average set new intra-day records, hitting an all time high of 17,088.43 as investors appear to be comfortable with holding blue chips instead of...
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Ford Names Mark Fields As Next CEO
Monday, April 21, 2014 - 3:00pm | 266Ford Motor (NYSE: F) has named Mark Fields as successor to its current CEO Alan Mulally. Ford will announce Mulally's departure date as soon as May 1. Fields, 53, is the current Chief Operating Officer for Ford and was largely responsible for the automaker's "The Way Forward" restructuring plan...
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Market Wrap For April 11: Markets Pick Up Exactly Where They Left Off
Friday, April 11, 2014 - 4:49pm | 2266U.S. stocks declined sharply for the second day in a row as investors found little reason to reverse Thursday's bullish activity. Right off the bat, JPMorgan reported disappointing quarterly results which led to a decline in the S&P 500 index. The Volatility Index, also known as the "fear...
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Market Wrap For April 9: Investors Breathe Sigh Of Relief Over Rate Worries
Wednesday, April 9, 2014 - 4:35pm | 2359U.S. stocks rose sharply after minutes from the Federal Reserve eased concerns over when the central bank would raise interest rates. The decision to let go of the 6.5 percent unemployment rate threshold for raising interest rates was finalized in early March. Additionally, the Fed's minutes...
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November Auto Sales Highest Since Recession
Wednesday, December 4, 2013 - 12:31pm | 556November vehicle sales in the U.S. were the best in more than six years, according to The Wall Street Journal. An improving economic picture is clearly partly responsible. General Motors (NYSE: GM) Vice President Kurt McNeil told The Wall Street Journal, "We feel good about the direction of the...
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Ford Ordered to Pay $2 Billion to Truck Dealers
Saturday, June 11, 2011 - 9:44am | 213An Ohio state court awarded $2 billion in damages to commercial truck dealers from Ford Motor (NYSE: F), upholding a February ruling in a new class-action suit. Dealers said that a Ford program had offered "hidden" discounts, effectively overcharging some dealers between 1987 to 1998. Ford, the...
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Profit From Ford Motor The Easy Way (F)
Thursday, December 23, 2010 - 2:38pm | 152Consider this, if you purchased Ford Motor (NYSE: F) common stock on the last trading session of the month and sold two trading sessions later you would have profited substantially for the past six months. For example, if you invested $100,000 worth of Ford Motor common stock for each trade you...