I agree with your comment that you are always in too early and out too early. I can see that by your posts, you are not the most intelligent poster.
The correct spelling for your example is too not to.
You want a #$%$ car built in Mexico you buy it. As for profits Ford makes money on more than the truck The Escape is a money maker. Suv's are money makers. Small cars are sold to meet CAFE requirements and make very little but are sold to allow for more sales of trucks and SUV's.
I could give you the UAW argument but you missed my whole point which proves you are not a good listener, reader or lack common intelligence.
My point was if you invest a billion dollars in India and claim you are going to triple exports, where exactly will you export them to. Mark Fields left that little tidbit out when making his announcement, Nasser was known for half baked ideas that cost Ford a fortune. Those losses were not attributable to workers whether salary or hourly.
If you want to contribute you tell us where those vehicles will be sold since you seem to know more than Fields.
I am well aware that Ford has brought back production to US. Those deals were made previous to Fields. He claims they will triple exports from India. Export to where? Think China will allow imports? Think again. India is not buying current production. When you make a claim , after spending a billion dollars you might want to include just where your market will be otherwise investors wonder what the hell the plan is.
Mark Fields is proving himself to be a protege of Nasser. He is on the search for cheap labor no matter the cost to the company. Save a penny here and there and to hell with recalls and quality. Watch out for him raiding 401K's next. If he starts making cars in Mexico he better be ready to sell them in Mexico and same for India. I have driven nothing but Fords but he better not bank on that if he insists on making vehicles and importing them.
I take it you are one of them since you are replying to his post correct?
Please enlighten us and tell us which one you are, an illegal, a foreigner or a left wing nut, my guess would be all 3. You have the nerve to call anyone an idiot when it is obvious you hold that esteemed position all by your lonely.
It is not erratic labor. When a company insists on paying slave labor wages which mining companies are notorious for and always have been they deserve labor problems. When a company goes into a foreign country to get their minerals they should pay a fair labor price. They better hope the government doesn't kick them out. Management could cut their bonuses and stock options by b20% and it would cover these poor peoples wage increases. If you don't think that is fair try going over and doing a little mijne work, I guarantee you would not last a day.
I believe that 8 is entirely possible with a divvy cut. I bought frontier when they cut the divvy and it went to 3.50 and it gradually climbed back, key word gradually.
So you want shareholders to take a 50% cut in divvies and management to only take a 20% cut in pay? Why should they get any options after they made the decision to go into oil exploration? A 50% cut in their pay is too good for them.
Yes but read the entire notice. Lawyers are filing for 28 to 29 million of that to cover their charges and expenses so subtract that off. There was also a short statement about whether or not there would be a regular dividend. If there is not shareholders are getting the shaft.
They owe a special dividend to shareholders and a more important question is how much that will be? After the lawyers take 28 million I believe there will be close to a 100 million left for distribution to shareholders, I have not worked out how much that will be per share but if management does not want to screw shareholders it would be in addition to any regular dividend.
They should be tried in court and if found guilty sentenced to life in prison. They make laws but don't follow them. In the meantime they should not be paid.
You are assuming they have a good first quarter report. They are in the driver's seat because they know pretty well what that report will be. What concerns me more is the amount of money the CEO and CFO of this company make for their moron decisions and incompetency..