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If You Invested $1,000 In Ford Stock When Jim Farley Became CEO, Here's How Much You'd Have Now
Sunday, December 4, 2022 - 10:59am | 440Iconic automotive brand Ford Motor Company (NYSE: F) has had 11 CEOs in its history, including Henry Ford previously led the company in the early days. Here’s a look at the stock performance since the 11th CEO, Jim Farley, took over. What Happened: In August 2020, Ford announced that Jim...
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If You Invested $1,000 When Jim Farley Became Ford CEO, Here's How Much You'd Have Now
Thursday, June 10, 2021 - 4:42pm | 375In October 2020, Ford welcomed its 11th chief executive officer in its 117-year history and the stock has performed well since the CEO switch. What Happened: On Oct. 1, Jim Farley took over as CEO for Ford Motor Company (NYSE: F). On his first day with the company, Farley outlined...
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New Ford CEO Jim Farley Puts Emphasis On EVs, AVs, EBIT Margins
Friday, October 2, 2020 - 5:11pm | 470The 11th CEO in Ford’s 117-year history officially took the wheel Thursday. Ford's Plan for Growth: New Ford Motor Company (NYSE: F) CEO Jim Farley plans on turning Ford around. The plan outlined by the company is: “Turn around automotive operations; allocate capital to Ford...
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Stock Wars: Ford Vs. General Motors Vs. Tesla
Monday, September 21, 2020 - 8:00am | 1039The latest edition of Stock Wars takes a look at two massive, historic American automakers and the relative newcomer nipping at their heels. General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F) are two of the oldest automotive companies, dating to 1908 and 1903,...
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Ford CEO Jim Hackett Steps Down After 3 Years Of Trying To Spark The Automaker
Tuesday, August 4, 2020 - 9:31am | 369Ford Motor Company (NYSE: F) on Tuesday announced CEO and president Jim Hackett will step down and retire after leading the company’s transformation since May of 2017. Jim Farley, Ford’s COO, will succeed Hackett effective Oct. 1. Hackett will continue as a special...
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Ford Falls On Q4 Earnings Miss, Lower Outlook; Notes Execution Problems Around Explorer
Tuesday, February 4, 2020 - 6:00pm | 407Ford Motor Company (NYSE: F) plunged in after-hours trading, dropping below a 52-week low after the company missed fourth-quarter earnings expectations while losing $1.7 billion during the quarter. The U.S. automaker reported quarterly earnings of 12 cents per share, while Wall Street had been...
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Ford Shares Plunge After Q2 Earnings
Wednesday, July 24, 2019 - 4:25pm | 241Ford Motor Company (NYSE: F) shares are down after reporting a second-quarter earnings miss. Second-quarter adjusted earnings came in at 28 cents per share, missing estimates by 3 cents. Sales came in at $38.85 billion, beating estimates by $3.65 billion. Ford's adjusted EPS figure excluding a...
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Industry Shift: With Four Departures This Year, Who Is The Longest-Tenured Automotive CEO?
Monday, July 8, 2019 - 3:04pm | 962Bayerische Moto/S ADR (OTC: BMWYY) CEO Harald Krüger’s announcement last week that he will step down as head of luxury carmaker BMW is the latest in a string of auto company CEO turnovers — the fourth this year. The departures remove decades of experience in the top posts at the...
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Ford To Cut 7K Salaried Jobs Worldwide As Part Of Restructuring
Monday, May 20, 2019 - 10:02am | 426Ford Motor Company (NYSE: F) is eliminating 7,000 salaried jobs worldwide, about 10 percent of its global salaried workforce, according to several reports. The cuts will include 500 salaried jobs in North America. What Happened Ford CEO Jim Hackett sent a note to employees notifying them of the job...
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Leaner And Meaner: Ford Is The Only Auto Stock Cramer Likes
Tuesday, May 7, 2019 - 12:21pm | 451Ford Motor Company (NYSE: F)'s days of producing a "one-car-fits-all worldwide strategy" have passed — which makes it the only auto stock worth buying, according to CNBC's Jim Cramer. What Happened Ford's transformation is the "real deal" as the company no...
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Ford Beats GM To Invest $500M In Rivian, Enter Strategic Partnership On EVs
Wednesday, April 24, 2019 - 8:36am | 441Ford Motor Company (NYSE: F) announced Wednesday a strategic partnership with and $500 million minority investment in Michigan-based Rivian Automotive. As part of the arrangement, Ford will use Rivian’s platform in a new battery electric vehicle, and it will add Joe Hinrichs, president...
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Former Amazon, Snap Exec Tim Stone To Join Ford As CFO
Thursday, March 21, 2019 - 2:04pm | 479Ford Motor Co. (NYSE: F) confirmed Thursday it has hired longtime former Amazon.com Inc. (NASDAQ: AMZN) executive Tim Stone to be the automaker’s chief financial officer, replacing Ford veteran Bob Shanks, who is retiring later this year. Stone, 52, comes to Ford from Snap Inc. (NYSE: SNAP),...
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Ford, VW Form Alliance: 'Our Industry Is Undergoing Fundamental Change'
Tuesday, January 15, 2019 - 11:04am | 677The pioneer of the assembly line is joining forces with the company that made The People’s Car. Ford Motor Company (NYSE: F) and Volkswagen AG (OTC: VLKAF)(OTC: VLKAY) announced Tuesday a collaboration that aims to develop commercial vans and medium-sized pickups as soon as 2022. Dearborn and...
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Ford CEO: 'We Now Have Solutions For Cities'
Wednesday, September 26, 2018 - 11:27am | 419Three technological advancements are converging simultaneously in the auto industry that could offer "solutions for cities," according to Ford Motor Company (NYSE: F) CEO Jim Hackett. What Happened The three emerging technologies in the auto sectorare the advancement of electric...
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Ford Motor Buys Michigan Central Station: 'It's Time To Remake This Into A Place Of Possibility Again'
Tuesday, June 19, 2018 - 1:51pm | 1003The stage is set for Detroit’s Michigan Central Station — a massive architectural landmark that became a symbol of the city’s struggles as it sat empty for decades — to return to its former glory as a hub of modern transportation. In a community celebration including Detroit...