Tag Archives: Ford

Ford recently released its 2022 Looking Further with Ford (F) report, marking the 10th year the legacy automaker has surveyed global consumers to identify trends among key demographics. According to Ford Chief Futurist Sheryl Connelly, climate and environmental issues remain at the top of consumers’ minds. “So it’s really ‘climate, climate, climate,’” Connelly told Yahoo Finance Live. “We have been doing this report for a number of years, and what we found is that in recent years… Source link

Office-building owners and small businesses near such properties are bracing for another letdown in January, as the latest Covid-19 variant threatens to interfere with widespread company plans to return to the workplace. Before the Omicron variant surfaced overseas last month, employers throughout the U.S. were preparing to call back employees to the office after the holidays. Now, a small but rising number of companies have modified or delayed plans as uncertainties swirl over the severity… Source link

Someone with a famous last name and a whole lot of pull inside of Ford (F) is sending a message to the market: The bull run in the automaker’s stock may just be beginning.  Rather under the radar this week, Bill Ford — great-grandson of Ford founder Henry Ford and its current executive chairman — opted to exercise nearly 2 million in stock options awarded to him as part of his executive pay package. Total cost: $20.5 million. A large portion of the options were reportedly set to expire… Source link

Wall Street isn’t letting a 93% explosion in the value of Ford’s stock this year stop them from predicting further gains ahead as the automaker continues to chop away at costs and rolls out a host of new electric vehicles.  “Q3 results were solid globally showing the benefit of restructuring the new higher margin products and we continue to see numerous catalysts including production recovery as semi capacity comes back, further updates on Argo AI, and new product launches,” said Wells Fargo… Source link

(Bloomberg) — Ford Motor Co., charging forward with big investments in electric vehicles, raised its full-year profit forecast and said it will restore its dividend, sending the stock soaring by as much as 9.5%. Most Read from Bloomberg The automaker on Wednesday lifted its 2021 profit forecast for the second time in as many quarters, and is now projecting $10.5 billion to $11.5 billion in earnings before interest and taxes. The reinstated quarterly dividend of 10 cents a share will be paid… Source link

Ford’s stock (F) is poised to shift into overdrive if a fresh call-out from Credit Suisse is any indication.  “When we downgraded Ford early last year, our concern was that Ford was struggling in balancing the “two clocks” — near-term execution issues would ultimately limit Ford’s ability to adequately prepare for the long-term transition of the auto industry. Yet in the past year plus, we’ve seen a significant turnaround underway at Ford — it has ended its cycle of quarterly… Source link

Saying Ford is driving head on into a future of electric vehicles may be an understatement. Think more along the line of hauling a-–.  The Detroit-based auto giant said Monday it will partner with SK Innovation to invest $11.4 billion to construct two “mega-sites” — one in Tennessee and the other in Kentucky — that will build electric trucks and batteries. Ford’s portion of the investment — $7 billion — is the largest manufacturing investment in the company’s 118-year-old… Source link

The Ford F-150 Lightning electric pickup hasn’t even gone on sale yet, but demand is so red hot that the automaker is already ramping up production. The first Lightning prototypes are rolling off an assembly line in Dearborn, Mich. for real-world testing, with the truck arriving in dealerships this spring. But with 150,000 reservations already in hand for its inaugural EV pickup truck, Ford (F) announced Thursday that it will invest an additional $250 million and add 450 more jobs at three… Source link

Coming back from the Labor Day weekend, Tesla (TSLA) shares marked a 2.64% gain on Tuesday, trading at just over $750 by market close. And while some experts are targeting $3,000 per share, TD Ameritrade Chief Market Strategist JJ Kinahan explains why TD’s clients are selling Tesla in the near term. “[TD Ameritrade’s clients] sold [Tesla shares] in July and August, which I think is very interesting overall,” Kinahan told Yahoo Finance Live. “[They sold for] a couple of reasons…. Source link

On Wednesday and week before its Detroit-rival General Motors (NYSE: GM) scheduled its second-quarter earnings results, Ford Motors (NYSE: F) raised its outlook for the year after delivering a surprising second-quarter profit. Upon the news, its stock was up by about 4% in after-hours trading. Q2 Figures Due to the ongoing global shortage of semiconductor chips which continues to disrupt production, the revenue of $24.13 billion slightly missed expectations. Ford revealed it lost production of… Source link