|Bid||9.29 x 1300|
|Ask||9.31 x 42300|
|Day's Range||9.09 - 9.32|
|52 Week Range||7.41 - 10.56|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||17.20|
|Earnings Date||Oct 23, 2019|
|Forward Dividend & Yield||0.60 (6.62%)|
|1y Target Est||10.51|
(Bloomberg) -- President Donald Trump said he will nominate Dan Brouillette to be his next energy secretary when Rick Perry leaves the job later this year.“Dan’s experience in the sector is unparalleled. A total professional, I have no doubt that Dan will do a great job!” Trump tweeted Friday.Brouillette has been serving as No. 2 to Perry, who led the Energy Department with its $36 billion budget and control of the nation’s nuclear arsenal and emergency crude oil stockpile. The White House arranged for Brouillette to meet with Trump on Friday after Perry gave the president a resignation letter. The deputy has been taking on increasingly high-profile roles for Perry, including sitting in for him at cabinet meetings. The White House session was described by people familiar with the matter who asked not to be named because it was private.Perry, 69, has been grooming Brouillette, 57, to succeed him for months while planning his own departure. In recent months, Brouillette has more frequently served as the public face of the Energy Department both on missions abroad and at U.S. events.Trump has elevated deputies at other agencies after the leaders departed. He made David Bernhardt acting secretary of the Interior after Ryan Zinke left the administration, then nominated him for the post. Trump used a similar approach with current Environmental Protection Agency Administrator Andrew Wheeler, who served as the second-ranking official under former chief Scott Pruitt.A Louisiana native, Brouillette worked at the Energy Department under former President George W. Bush as an assistant secretary for congressional and intergovernmental affairs.His vision for the Energy Department isn’t expected to veer from the one held by Perry, a vocal advocate of the nation’s oil and gas industry, who attempted -- so far unsuccessfully -- to subsidize unprofitable coal and nuclear plants in the name of national security and electric grid reliability.Brouillette has backed those efforts and said during a speech earlier this year that “fuel-secure units are retiring at an alarming rate,” a phenomenon that would “threaten our ability to recover from attacks and natural disasters,” if left unchecked.The nominee emerged as a key figure during internal administration debates last fall over whether to grant waivers for some countries from sanctions on Iran’s oil. Brouillette argued against the waivers, saying the administration should take a tougher stance against Iran, in a memo to the State Department.In addition to his past stint at the Energy Department under Bush, Brouillette has worked as staff director for the House Energy and Commerce Committee, where he played a role crafting major energy legislation. He also was a senior executive in the policy office of Ford Motor Co. and financial services provider United Services Automobile Association.To contact the reporters on this story: Jennifer Jacobs in Washington at firstname.lastname@example.org;Ari Natter in Washington at email@example.com;Jennifer A. Dlouhy in Washington at firstname.lastname@example.orgTo contact the editors responsible for this story: Jon Morgan at email@example.com, Steve GeimannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Ford announced that it would offer North America’s largest electric vehicle public charging network, the FordPass Charging Network, to its EV customers.
President Donald Trump on Friday tweeted that he is nominating Energy Department Deputy Secretary Dan Brouillette to become the department's new secretary, replacing Ricky Perry. Perry "will be leaving at the end of the year to pursue other interests," Trump said. Brouillette was previously a lobbyist for Ford Motor Co. and insurer USAA.
WASHINGTON/DETROIT (Reuters) - General Motors Co plans to build a new family of premium electric pickup trucks and sport-utility vehicles at its Detroit-Hamtramck plant beginning in late 2021, possibly reviving the imposing Hummer brand on some of them, several people familiar with the plans said. The so-called BT1 electric truck/SUV program is the centerpiece of a planned $3 billion (2.3 billion pounds) investment in the Detroit-Hamtramck plant to make electric trucks and vans, and part of a broader $7.7 billion investment in GM's U.S. plants over the next four years, according to a proposed labor deal between the automaker and the United Auto Workers union. The investment would move the automaker into a part of the EV market that is largely untested and where GM has a higher likelihood of turning a profit, analysts said.
While Ford's (F) sales in China fall 30.3% year over year in Q3, Tesla takes the U.K. market by storm with record deliveries of 6,244 vehicles.
The city's police department is looking to save tens of thousands of dollars in fuel costs with the new vehicles.
While higher revenues in the North American market are likely to have benefited Ford (F), lower vehicle deliveries in China, Europe and Asia Pacific regions might have hampered profits.
A Hooters-style bar seems an unlikely setting for the front line of feminism, but that’s the case with the scantily clad sisterhood in Support the Girls . Double Whammies is a place where customers can ...
FEATURE (F) introduced an electric-vehicle network with more than 12,000 charging stations, and more than 35,000 charge plugs in North America on Thursday. The automaker said it was teaming up with (AMZN) (ticker: AMZN) home services business to offer installation of home charging setups.
General Motors is focusing on profitable SUVs now and self-driving cars for the future. But a new GM strike adds to challenges. Is GM stock a buy now? Take a look under the hood.
Expect a generally uninspiring third quarter from the "Big 3" automakers on continued international uncertainty that’s weighing on sales, one-time product cycle issues and a strike, Bank of America said ahead of earnings reports from the three major U.S. manufacturers. Ford Motor Company (NYSE: F) was “treading water” in the third quarter, while the report from Fiat Chrysler Automobiles NV (NYSE: FCAU) will be “likely uninspiring,” the firm said.
The network of charging stations will be the largest in North America with 12,000 locations and more than 35,000 charge plugs, Ford said. The network will give Ford car owners access to fast charging station sites that will be set up by Volkswagen's Electrify America. Ford is also working with Amazon for installation of home charging setups.
Ford Motor Company (NYSE: F ) is offering its all-electric vehicle customers in North America a public charging network with more than 12,000 locations, the automaker said Thursday. Ford is collaborating ...
The preliminary tentative agreement includes higher wages for union workers and maintains labor flexibility for GM. It also includes billions of new manufacturing investment for the nation.
Ford Motor Co. introduced Thursday an electric-vehicle network with more than 12,000 charging stations, and more than 35,000 charge plugs in North America. The automaker said it was teaming up with Amazon.com Inc.'s home services business to offer installation of home charging setups. Ford shares edged up 0.15 in premarket trading and Amazon's stock gained 1%. Ford said it is providing two years of free access to the electric charging network. The company said it was collaborating with Electrify America to provide DC fast chargers, in which an estimated 47 miles of range could be added in 10 minutes at a 150-kilowatt charger, and customers can charge their batteries from 10% to 80% full in 45 minutes. Ford's stock has lost 12.2% over the past three months while the Dow Jones Industrial Average has slipped 0.8%.
The second clue is Alfred Nobel’s own disdain for the boring business of management. Who knows the names of the managers of Coca-Cola, Ford, Johnson & Johnson, Colgate-Palmolive, Nestlé, Swedish Match, Cadbury and so on in the 19th century?
DEARBORN, Mich.-- -- Ford is offering its all-electric vehicle customers North America’s largest electric vehicle public charging network, with more than 12,000 places to charge, including fast charging, and more than 35,000 charge plugs – more than any other automotive manufacturer, addressing a big concern for those switching to all-electric cars New Ford all-electric vehicles, including the Mustang-inspired ...
Ford to create 'North America's largest EV public charging network' with more than 12,000 places to charge; teaming up with Amazon Home Services to offer installation of home charging setups.
It’s not just the Telluride’s big stance that is making it stand out from the competition, writes Eileen Falkenberg-Hull.