Posts by Jeff Macke

  • Ford down day 2, Move surges on buyout, Netflix goes Hollywood

    Jeff Macke at Yahoo Finance1 day ago

    Time is a flat circle for Ford (F) shares which are stuck in reverse for the second straight day. The stock is off another 2% today and nearly 10% this week after taking down earnings guidance yesterday. New CEO Mark Fields told analysts to expect $6 billion in profit this year, more than a billion less than expected. He blamed higher warranty costs and weak volumes in South America and Russia. Ford is now counting on strong sales for the all-new aluminum F-150 and share gains out of Lincoln on a product ravamp and slightly nutty ads.

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