9.50 0.00 (0.00%)
After hours: 7:53PM EDT
|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||9.45 - 9.61|
|52 Week Range||9.42 - 13.48|
|PE Ratio (TTM)||5.62|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||0.60 (5.97%)|
|1y Target Est||11.05|
Woman kept her Ford Mustang that's now worth $350,000.
Ford has finally revealed official pricing for the 2019 Ford Ranger small pickup truck following a false start with a configuration tool leak last week. There is indeed no regular-cab model available, which may disappoint some fans of really simple trucks, but the Chevy Colorado, GMC Canyon, Nissan Frontier and Toyota Tacoma aren't available with a regular cab either.
Way back in 2011, Ford Motor Credit Co. established Lincoln Automotive Financial Services as part of what Automotive News called "a campaign to set the Lincoln brand apart." Lincoln's been on a wild, public ride in the seven years since, which included a near-death experience in 2013 under former Ford CEO Alan Mulally. Automaker execs have asked dealers with twinned Ford-Lincoln dealerships in 30 major U.S. markets to build standalone stores.
Ford Motor Co disclosed Tuesday it will spend $740 million on a project to revamp Michigan Central Station, Detroit’s historic but dilapidated former rail station, as well as other neighborhood sites. Ford aims to turn the building into a campus of offices for up to 5,000 tech workers and software engineers focused on self-driving vehicles and ancillary technologies and services. The second largest U.S. automaker based in Dearborn, Michigan, about 10 miles from Detroit, announced the project in June, but had not previously disclosed costs until a community meeting on Tuesday.
The second-largest auto part retailer by 2017 sales, Advance Auto Parts (AAP) released its fiscal second-quarter earnings earlier today. AAP’s adjusted EPS rose ~25.0% YoY (year-over-year) to $1.97, beating Wall Street’s estimate of $1.86. After its solid quarterly performance, the company raised its 2018 guidance.
Last week, General Motors (GM) stock fell 3.0% after registering a minor weekly rise of ~0.5% in the previous week. Last month, the company’s second-quarter earnings results failed to impress investors.
Ford Motor (F) has been stuck in neutral in 2018, and while the company has been making some needed changes, relief may be a ways off. Where we were: Ford shares have tumbled more than 23% year to date, more than double the 11% fall seen by rival General Motors (GM). Where we're headed: Instinet is wary of sales trends in China and Europe, and argues that while the company is making the right moves, it will take time to get back on track.
Alibaba Group Holding Limited ( BABA) shares fell nearly 3% in early trading on Tuesday in a continuation of the downtrend dating back to late July. The intensifying trade war between the United States and China has led to concerns of a slowdown in the volume of goods passing through Alibaba's marketplace. Pinduoduo Inc. ( PDD), a competitor, also went public on the NASDAQ in late July, raising $1.63 billion in the second largest initial public offering by a Chinese firm this year.
In the week that ended on August 10, Ford Motor Company (F) stock settled at $9.74, a fall of 3.0%. The stock has witnessed negative movements in eight of the last nine weeks.
Ford has yet to convince Wall Street that it's driving in the fast lane. Nomura analysts Anindya Das and Masataka Kunugimoto cut their 2018 earnings before interest and tax, or EBIT, estimate for the automaker's Asia Pacific operations by $1.1 billion, primarily due to expectations of lower income for its China joint venture and lower volumes for the Asia Pacific and China unit. "The China JV income cuts are based on lower volume assumptions in [the second half of 2018] following weaker-than-expected performance in [the first half of the year], and lower pricing (which, we estimate to be down 2% in [the second half] vs. [the first half of the year])," Das and Kunugimoto wrote in an Aug. 13 research note.
Jim Hackett was hired to turn around an auto maker struggling with falling profits and industry transformation. First, he has to explain his vision. So far, investors are confused and executives seek out ...