F - Ford Motor Company
| Previous Close | 8.41 |
| Open | 8.42 |
| Bid | 8.49 x 45100 |
| Ask | 8.50 x 47300 |
| Day's Range | 8.37 - 8.48 |
| 52 Week Range | 7.41 - 12.15 |
| Volume | 20,216,120 |
| Avg. Volume | 45,274,471 |
| Market Cap | 33.931B |
| Beta (3Y Monthly) | 0.81 |
| PE Ratio (TTM) | 9.24 |
| EPS (TTM) | 0.92 |
| Earnings Date | Apr 25, 2019 |
| Forward Dividend & Yield | 0.60 (7.12%) |
| Ex-Dividend Date | 2019-01-30 |
| 1y Target Est | 9.27 |
- Autoblog•2 hours ago
2019 Ford F-150 Raptor Second Drive Review | The best just got better
The 2019 Ford F-150 Raptor is, inside and out, almost identical to the previous version. It has the same 3.5L twin-turbo V6, same BF Goodrich KO2 tires, makes the same 450 horsepower and 510 lb-ft of torque, and has the same bloated price tag. New Recaro seats offer more support than the previous version.
- Market Realist•30 minutes ago
Does Trump’s America Have Space for ‘Great’ Companies?
Does Trump’s America Have Space for 'Great' Companies?President Donald Trump Over the last couple of days, President Donald Trump has severely criticized the largest US automaker, General Motors (GM). In a series of tweets, Trump asked GM to either
- Market Realist•2 hours ago
Will GM Listen to President Trump and ‘Do Something Quickly’?
Will GM Listen to President Trump and ‘Do Something Quickly'?The US auto industry For the last couple of years, US new light vehicle sales (XLY) have weakened since peaking in 2016. According to data compiled by MarkLines, US auto sales fell to
- Zacks•5 hours ago
Ford to Gain From Product Development Despite Frequent Recalls
Ford's (F) aim to offer customer-focused products is likely to drive growth. However, frequent vehicle recalls due to safety issues is a concern.
- Autoblog•2 days ago
Junkyard Gem: 1979 Ford Mustang Cobra
The Ford Mustang became sort of the Fat Elvis of pony cars during the early 1970s, scaling in at 500 pounds more than its svelte mid-1960s predecessors. Then came the Mustang II, which was much lighter but had the misfortune of being based on the Pinto. Finally, for the 1979 model year, Ford put the Mustang on the new, modern Fox platform, and power levels went up for many years after that.
- The Wall Street Journal•3 days ago
[$$] Ford to Slash Jobs Across Europe
Co. plans to cut more than 5,000 jobs in Germany and another undetermined number of employees in the U.K., a company spokeswoman said Friday, as part of a broader effort to redefine its struggling European business laid out earlier this year. “The goal is to significantly decrease structural costs, reduce bureaucracy, empower leaders and managers and eliminate less value-added work,” a Ford spokeswoman said. to restore profitability to its money-losing operations and boost the company’s sagging stock price.
- Reuters•3 days ago
BMW, Varta apply for funds in battery cell push for e-cars
HAMBURG/BERLIN (Reuters) - Luxury carmaker BMW and Germany's Varta have both applied for state funding aimed at supporting battery cell production for electric vehicles, they said on Friday, hitting a deadline set by the German government. Germany has earmarked 1 billion euros (850.97 million pounds) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries. BMW is seeking funds for research and development in the field of battery cells, a spokesman for the group said on Friday, adding this does not mean the company aims to produce them itself.
- InvestorPlace•3 days ago
7 Single-Digit P/E Stocks With Massive Upside
When investing, it is important not to be fooled by low valuations. That is to say, just because a stock has a cheap valuation relative to the market or its peers, that doesn't mean that the stock is a good buy. Instead, a cheap valuation is often reflective of weak fundamentals. If the fundamentals stay weak forever, then the stock can likewise stay weak forever, too.As such, blindly buying all single-digit P/E stocks is not a good investment strategy. Most stocks with low valuations simply aren't worth the risk.Having said that, there are a handful of low P/E stocks that are worth the risk. These are the class of cheaply valued stocks that have an opportunity meaningful improve operations over the next several quarters or years, and as such, will rise sharply as favorable fundamentals converge on a discounted valuation.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Small-Cap Stocks That Make the Grade Which stocks belong in this category? Not many. But, here's a list of seven such single-digit P/E stocks that have visibility for big upside potential in the foreseeable future. LGI Homes (LGIH)Source: Shutterstock Forward P/E Multiple: 8.4First on this list is LGI Homes (NYSE:LGIH), a really beaten-up housing stock that should rise sharply in 2019 as fundamentals stabilize and improve within the U.S. housing market.LGIH stock dropped sharply in 2018 on signs that the housing market was slowing. The Fed was tightening, so mortgage rates were rising. The economy was slowing, so housing starts were dropping. Inventory was big relative to demand. Home prices were starting to flatten out.All those headwinds are reversing course in 2019. The Fed isn't tightening anymore. Mortgage rates are falling, while wage growth is at a decade-high, unemployment levels are at record lows, and home ownership rates are way off their highs. The economy is stabilizing, and housing starts are jumping back. Inventory is falling. Demand is coming back. Home prices are showing signs of rising again.If these housing market improvements persist throughout 2019, then LGIH stock should rally in a big way as those fundamental improvements converge on an anemic 8.4 forward multiple. AT&T (T)Source: Shutterstock Forward P/E Multiple: 8.5Next up: AT&T (NYSE:T). The telecom giant has been hammered on debt concerns in today's slowing economy and rising rate environment.Long story short, AT&T acquired Time Warner in 2018, and in doing so, amassed the world's biggest debt load ever seen. Shortly thereafter, rates started moving sharply higher, and economic growth started materially slowing. That combination put significant pressure on AT&T's huge new debt load, and weighed on AT&T stock.Those headwinds are turning around. Rates aren't moving higher anymore. They are actually moving lower. Economic growth is slowing. But, recession fears were overblown, and now the consensus seems to be stable and slower going forward. As such, all that pressure on AT&T's balance sheet should ease in 2019. As it does, T stock should rise. * 7 Best Quantum Computing Stocks Trading Today It also helps that AT&T will get big help from the roll-out of 5G coverage in 2019, while streaming operations should get a nice boost from Time Warner's content assets. That double tailwind, plus favorable macroeconomic trends and a 8.5 forward multiple, should lead to gains for T stock in 2019. Micron (MU)Source: Shutterstock Forward P/E Multiple: 5.3One of the more hated stocks on Wall Street right now is chipmaker Micron (NASDAQ:MU). For the past several months, the stock has traded at a single-digit forward multiple. Yet, during that stretch, MU stock has broadly gone lower, not higher.Why? The valuation is already pricing in peak earnings. In a nutshell, Micron goes as the memory market goes, and the memory market goes based on on supply-demand fundamentals. Those supply-demand fundamentals are notoriously cyclical. Eras of high supply and low demand, are followed by eras of low supply and high demand, and vice versa.Right now, we are going from an era of low supply and high demand (good for Micron), to an era of higher supply and lower demand (bad for Micron). During those transitions, profits drop. But, the magnitude of the drop is an unknown. Investors don't like unknowns. So, they sell MU stock, and prepare for the worst.The worst may not happen this time around. Demand drivers in the memory market are very robust, thanks to things like the cloud, IoT, data, and AI, and should provide cushion for earnings erosion during this down-cycle. If that does happen, and earnings don't fall by that much, then MU stock could soar from today's 5.3 forward earnings base. Ford (F)Source: Shutterstock Forward P/E Multiple: 7.2The big bear thesis in Ford (NYSE:F) stock - which has dragged the stock from $16 to $8 over the past 5 years - has merit. Namely, car ownership rates are dropping in the sharing economy, and project to fall further as the sharing economy grows in popularity. Also, Ford is losing market share to new EV players, like Tesla (NASDAQ:TSLA), and this dynamic should continue for the foreseeable future, too.But, this bear thesis is already fully priced into Ford stock. In the big picture, Ford will be just fine. Sure, the auto market is shrinking and Ford is taking home less share. But, the auto market isn't disappearing, nor will it ever disappear, and Ford will forever remain an important player in that market. As such, sales and profits should remain stable going forward, with potential gains from an EV pivot. * 5 Stocks That Hedge Funds Love At just 7.2-times forward earnings, Ford stock isn't priced for stability, let alone any upside. But, in the long run, investors will get stability, and potentially even some upside. As such, Ford stock could rally big from here in a multi-year window. Signet Jewelers (SIG)Source: Shutterstock Forward P/E Multiple: 8.4Haven't you heard? Millennials are pushing back big life events, like marriage, and consequently, just aren't buying wedding rings. That's largely why Signet Jewelers (NYSE:SIG) has struggled dramatically over the past several years.But, there's more at play here. Young consumers aren't just pushing back big life events. They are valuing experiences over products, and choosing to spend their paycheck on travel, not jewelry. Why? Because an exotic beach is much more "Instagrammable" than a new necklace or ring.This trend isn't reversing course soon. But, consumer demand for jewelry has been alive and well for 2,000-plus years. It isn't going away anytime soon because of Instagram. Regardless of how the IG trend plays out, the jewelry industry will be just fine, supported by healthy and secular demand drivers that are far more enduring than pretty much any other trend out there.Because of this, it's only a matter of time before Signet's numbers stabilize. Once they do, SIG stock -- which trades at just 8.4 forward earnings versus a five-year average forward multiple of 14 -- will roar higher. Macy's (M)Source: Mike Mozart via FlickrForward P/E Multiple: 7.7By now, everyone knows the retail apocalypse isn't happening. E-commerce and brick-and-mortar commerce need to exist together, because there is demand and need for both. As the market has realized this over the past year-plus, traditional retail stocks have bounced off their retail apocalypse lows.Macy's (NYSE:M), though, has had a tough time holding onto those gains. The numbers at Macy's have been disappointingly weak, especially relative to department store peers on a comparable sales and margin basis. As such, investors have been unwilling to buy into the Macy's rebound story, and Macy's stock has dropped over the past few quarters.This is all just near term noise. In the big picture, Macy's has created a sustainable niche for itself in the apparel retail world as the happy medium between quality and price. It isn't Walmart (NYSE:WMT), where quality is questionable and prices are great. Nor is it Nordstrom (NYSE:JWN), where quality is great and prices sometimes required a double check. Instead, it's right in the middle of the two, with passable quality at reasonable prices. * 3 Best Restaurant Stocks Morgan Stanley Says to Take a Bite Of That niche has long term staying power since a majority of consumers find themselves in that middle-income band (52% of Americans live in the middle class). To be sure, that doesn't mean the numbers will ever be great again. There's a little company called Amazon (NASDAQ:AMZN) that is also fighting for that middle class. But, the numbers will stabilize, and stability is enough to create a big rally in Macy's stock from today's 7.7-times forward earnings base. International Business Machines (IBM)Source: Shutterstock Forward P/E Multiple: 9.9International Business Machines (NYSE:IBM) has had a tough run over the past several years as new and upcoming tech companies have passed up Old Big Blue in critical growth markets, like cloud and AI. As this has happened, IBM's growth rates have fallen flat. Margins, too. And IBM stock has crashed.But, not all hope is lost. IBM's cloud business is turning the corner, and its business will continue to turn the corner in 2019 as the company integrates high-growth Red Hat hybrid cloud operations into its ecosystem. As this happens, IBM's growth rates will improve. Margins will improve, too. Analysts will upgrade the stock. Investors will get excited.All of those positive catalysts will attract more buyers to the stock. How many more buyers? Quite a few. At under 10-forward earnings, IBM stock is by far the cheapest way to play the cloud revolution. Thus, so long as IBM gets its act together on the cloud front, this stock has plenty of runway ahead through multiple expansion.As of this writing, Luke Lango was long LGIH, T, TSLA, SIG, M and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post 7 Single-Digit P/E Stocks With Massive Upside appeared first on InvestorPlace.
- TheStreet.com•3 days ago
Will Ford or General Motors Drive Higher Shareholder Returns?
Ford and GM have current dividend yields of 7.1% and 4.0%, respectively. Both stocks have higher dividend yields than the S&P 500, and Ford is particularly attractive as a high-yield dividend stock. GM stock has fared better than Ford over the past year, but both stocks could reward shareholders with 10%+ annual returns going forward, thanks to their beaten-down valuations and high dividend yields.
- CNBC•3 days ago
Ford is cutting 5,000 jobs in Germany with more cuts coming for the UK
The automaker is restructuring its European business. Ford F is cutting 5,000 jobs in Germany and more in the U.K. as part of an effort to reduce costs in Europe, the company said Friday. The automaker offered voluntary separation packages for employees in Germany and the U.K. to help accelerate its plan to improve performance in the region, where Ford has struggled.
Reuters•3 days agoFord to cut more than 5,000 jobs in Germany, others in UK
U.S. automaker Ford plans to cut more than 5,000 jobs in Germany and will reduce its workforce in Britain as well as it seeks to return to profit in Europe, the company said on Friday. Ford has offered voluntary redundancy programmes for employees in Germany and Britain, it said in a statement. This is part of a turnaround plan announced by the carmaker in January that would involve thousands of job cuts, looking at plant closures and discontinuing loss-making vehicle lines.
- Motley Fool•3 days ago
Stock Market News: Ford Builds Suspense; Will Tilray Go to Pot?
Markets were higher as the week came to a close.
- InvestorPlace•3 days ago
Tesla’s Competitors Better Pray Elon Musk’s Latest Prediction Is Wrong
Did Tesla (NASDAQ:TSLA) and Tesla stock get a much-needed shot in the arm?Source: Tesla Ford (NYSE:F) CEO Jim Hackett's heart probably skipped a beat if he was watching Tesla's reveal of the Model Y SUV. That's because, during the reveal, CEO Elon Musk predicted that his company would eventually sell more Model Ys than Model 3s. While Great news for Tesla stock, Hackett and the rest of Tesla's competitors better hope it was one of Musk's usual marketing superlatives and not based in reality. Here's why. InvestorPlace - Stock Market News, Stock Advice & Trading Tips It's Not Coming Until 2021 or LaterOn the surface, Tesla detractors will point to the fact that the new SUV won't be ready for delivery until 2021, perhaps longer. A lot can happen between now and then to alter the electric playing field. * 5 Undervalued Stocks to Invest In Volkswagen (OTCMKTS:VWAGY) is spending $49 billion on electric and connected vehicles over the next five years, a considerable sum for any vehicle manufacturer, but a King's ransom for a company like Tesla that's struggling to keep the lights on. The German company already has the e-Golf in production and four in line for production sometime in 2020. By the time 2021 arrives, Tesla could be yesterday's news. Here's why that's highly unlikely:Tesla sold 140,000 Model 3s in 2018 compared to less than 1,500 for the e-Golf. If this were a Little League baseball game, they'd call it on account of the mercy rule. Volkswagen's bringing a knife to a gun fight. In fact, the 12 top-selling electric vehicles behind Tesla in 2018, had combined sales that were lower than Elon Musk's baby by approximately 17,000. Electric Vehicles Tiny Part of Automotive IndustryAs the Globe and Mail's Scott Barlow so ably points out, Tesla's Model 3 sales accounted for less than 1% of the total vehicles (17.3 million) sold in 2018. Jim Hackett and the rest of the big producers of combustible-powered vehicles can't be quaking in their boots. Yet. And that's why I believe other auto manufacturers better hope to god Musk is wrong about his prediction because if he's not, that will mean, once and for all, that Tesla's figured out how to play in the automotive industry's sandbox. The argument used to be that Tesla would never be profitable. Then it was that Tesla would never be able to mass produce more than one vehicle. The most recent being that it wouldn't be able to produce 5,000 Model 3s weekly consistently.All not true. Now, granted, there are asterisks' attached to each of these accomplishments, but they are accomplishments nonetheless. In March 2017, I discussed the three ways Tesla stock can reach $500. At the time it was trading at $261, not too far from today's share price. The closest it got was $386.99 on June 23, 2017. Here's what I had to say about the Model Y:"Car companies are known to use a single platform to produce several different vehicles in one production facility. Tesla is said to be introducing its Model Y crossover SUV sometime in 2018; it's a vehicle that could be built on the same platform as the Model 3. If so, the cost of producing the Model Y would drop significantly helping to point its way toward GAAP profitability and automotive mass production."We don't even know if the Model 3 is going to be a hit, but a smooth rollout later in 2017 should pave the way for strong demand of the Model Y."Ok, so Tesla was a year late on the rollout of the Model Y, but I think you get my drift. You would have to be blind (my apologies to the visually impaired and truly blind) to fail to notice that Tesla's a much better manufacturer than it was in June 2017, when it traded 26% higher. If you read my three points from the March 2017 article, you will see that to one extent or another; they've all come true. The Bottom Line on Tesla StockIf you own Tesla stock, the latest reveal by the company isn't so much about the Model Y, as it is about another milepost being reached, one of many that Tesla shorts and detractors thought impossible. Now, more than ever, I believe $500 is not only possible, it's probable, within the next 12-24 months. * 15 Stocks That May Be Hurt by This Year's Big IPOs Tesla isn't perfect. Nor is Elon Musk. But it's a heck of a lot more exciting to watch Telsa's progress than a company like Ford who's so corporate in all the wrong ways. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post Teslaas Competitors Better Pray Elon Muskas Latest Prediction Is Wrong appeared first on InvestorPlace.
- Reuters•3 days ago
Ford aims to cut 5,000 jobs in Germany - spokesman
U.S. automaker Ford is aiming to cut 5,000 jobs in Germany as it seeks to return to profit in Europe, a spokesman said on Friday. "We are looking at more than 5,000 positions in Germany, including ...
Yahoo Finance•3 days agoHere’s why Wall Street isn’t excited about the Tesla Model Y
Wall Street analysts aren't impressed by the newly unveiled Tesla Model Y.
- InvestorPlace•3 days ago
Walmart and Domino’s: The New Tech Stocks?
"You can't teach an old dog new tricks," as the old saying goes. But can companies that have never embraced technology become the "tech stocks" of the 21st century?Let's find out … New Technology for This Old DogDomino's Pizza (NYSE:DPZ) started in 1963 when Tom Monaghan and his brother took over a restaurant in Ypsilanti, Michigan. They used an old Volkswagen Beetle to deliver pizzas. Fifteen years later, Domino's had over 200 stores.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBy the mid- to late 2000s, times had changed. Domino's appeared down for the count. Sales were tanking, and its image in the eyes of the public was about as bad as it could be. The stock hit a low of $2.83 in November 2008.Let's fast forward 10 years. Domino's is the world leader in pizza delivery. It operates 15,900 stores in more than 85 countries. It delivers over 2 million pizzas a day all around the world. And in August 2018, its stock hit an all-time high above $300. * 15 Stocks That May Be Hurt by This Year's Big IPOs If you had invested $5,000 into Domino's stock in the 1990s, your investment would now be worth more than $43 million!How was such a feat accomplished? Well… this dog certainly learned some new tricks.For starters, the company had to work on its products. It admitted that its pizza was less than stellar and addressed those issues. Personally, it's not my favorite pizza, but there's no denying it's better than it used to be.Then, it turned to something most people wouldn't immediately associate with the pizza industry - technology.Domino's had already become one of the first pizza chains to offer online and mobile ordering in 2007. In 2011, its iPhone app was launched, and the Android version followed the next year. In 2015 it launched AnyWare, a technology suite that provides customers with 15 different ways to digitally order their pizza. And today, the company derives 65% of U.S. sales from digital ordering channels.In 2018, Domino's Pizza brought in total revenues of $3.43 billion. That means roughly $2.2 billion came in electronically.I'd say this new trick is paying off.But the company didn't stop there. In 2017, Domino's teamed up with Ford Motor (NYSE:F) to test how self-driving vehicles could play a role in delivery. A second phase of the test took place in Miami last year.Domino's remains first and foremost a pizza company. But it's one of many that, to get a leg up on the competition and thrive in an increasingly technological world, are also transformed themselves into tech stocks. Stores of the FutureDomino's understood that it had to get on board the tech train or get left behind.That is something more and more "old dogs" are beginning to understand. This embracing of new technology is making a lot of stodgy old businesses interesting again.Walmart (NYSE:WMT) is one of the more recent examples. This past weekend, the company announced that CFO Jeremy King would take the stage at a conference to sell the world's biggest retailer as one of the new tech stocks.King runs Walmart's technology arm, Walmart Labs, which is home to many of the different technologies the company is implementing. It now uses shelf-scanning robots that take away some of the "busy work" from employees. It uses virtual reality headsets and machine learning-powered robots to quickly get online orders (specifically grocery orders) out the door. It also uses machine learning to help with supply chain.These are the real, next-generation kinds of technologies I cover in Matt McCall's Investment Opportunities. And they represent excellent ways to make a lot of money as the world moves this direction."I've wanted people to understand we are building a tech organization," said King. "We don't get a ton of credit for being a tech company. But we have been for a long time."I can't really argue with that. Can you guess who Walmart's biggest competition is? Amazon (NASDAQ:AMZN), the largest online retailer in the world and the beast of digital commerce. If Walmart wasn't tech-oriented, these two companies wouldn't be on the same playing field.Walmart has been busy building up its e-commerce business in recent years. It bought Jet.com and Hayneedle in August 2016. It bought apparel and lingerie retailers ELOQUII and Bare Necessities in October 2018. And in December it announced the acquisition of decor retailer Art.com.These deals have positively affected the business. E-commerce sales jumped 43% in the most recently-reported quarter. In 2018, online sales grew 40%.Walmart probably won't have the kind of growth and upside I look for in potential investments, but I give the company credit for its exposure to next-generation technologies. There's One Stock Where I See Massive Upside Potential NowI think Domino's stock will certainly do well over time and turn out to be a decent holding for most investors. But if you're looking for bigger gains over the long term, there are better opportunities in companies and trends in their earlier stages of growth.My job is to help investors get into world-changing business trends early, like the internet revolution of the 1990s. Investors made 20 times, 30 times, even 40 times their money on tech stocks as the internet changed the way we work and live. And even 20 years later -- with the post-2008 recession still hanging over our heads -- I was able to get my readers into Stamps.com (NASDAQ:STMP), then a tiny company with an exclusive USPS contract, before it shot 2,438% higher!We have multiple such trends right in front of us today: from the coming breakthrough in battery technology…to self-driving vehicles…to the exploding marijuana industry as legalization sweeps the world.In fact, I've recently uncovered a tiny 73-cent pot stock insiders are saying could soon become the biggest marijuana company in the world.With each individual share currently trading for pennies, you can own a sizable block of shares with a small initial investment. And if this tiny marijuana company grows even a modest amount… your big basket of shares could be worth millions.For the best chance to turn a small investment into a fortune, I urge you to learn how to take a stake in this tiny 73-cent pot stock before March 21.For the full details, go here.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post Walmart and Dominoas: The New Tech Stocks? appeared first on InvestorPlace.
Reuters•3 days agoFord CEO Jim Hackett earned $17.1 million in 2018 as profit fell
Ford Motor Co Chief Executive Officer Jim Hackett earned salary, bonus and stock awards of $17.1 million in 2018, up from $16.3 million the previous year, while adjusted pretax profit for the automaker dropped $2.6 billion from 2017, the company said on Friday. Including pensions and perks, Hackett made $17.7 million. The company said Hackett, who took the helm of the No. 2 U.S. automaker in May 2017, made 276 times the median total compensation of all Ford employees of $64,316.
- Business Wire•3 days ago
Ford Releases 2019 Preliminary Proxy Statement and Announces Virtual Annual Meeting Date
DEARBORN, Mich.-- -- Ford’s preliminary proxy statement has four company proposals, including the election of directors, an advisory vote on the compensation of this year’s named executive officers, a vote on the tax benefit preservation plan and three shareholder proposals; Ford’s virtual annual meeting will take place at 8:30 a.m. EDT, Thursday, May 9 The SEC requires a preliminary proxy filing for ...
- American City Business Journals•3 days ago
Ford may bring driverless cars to Austin
It’s just a job posting, but the new gig that Ford Motor Co. posted provides a strong hint that the auto giant will bring its self-driving technologies to Austin in the near future.
- Benzinga•3 days ago
This Day In Market History: S&P 500 Hits 1,300 For The First Time
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? The S&P 500 finished at 1,307.26. Today, the Dow is trading at 25,709 and the S&P 500 is trading at 2,808. What Else Was Going On In The World?
Bloomberg•3 days agoFury at EU’s Worst Highways Fuels New Kind of Protest in Romania
Stefan Mandachi, a restaurateur in northeastern town of Suceava, wants people across the Black Sea nation to stop what they’re doing for 15 minutes at 3 p.m. on March 15 as a signal to the government that frustration is widespread. President Klaus Iohannis, who regularly spars with the government, will join Friday’s standstill, though some ruling-party mayors have also pledged to follow suit.
- Autoblog•3 days ago
Ford introduces Grabber Lime for 2020 Ford Mustang Shelby GT500
Ford gave us a breakdown of all the aero and thermal engineering for the Mustang Shelby GT500 earlier this week. Now we get to learn about an awesome new color called Grabber Lime that'll be offered on that car and the rest of the Mustang lineup for the 2020 model year. Other new colors we'll see in the 2020 Mustang lineup are Twisted Orange, Iconic Silver and Red Hot Metallic.
- Fox Business Videos•3 days ago
Tesla unveils new Model Y SUV
Cheddar CEO Jon Steinberg and Benchmark Managing Partner Kevin Kelly on Tesla’s new Model Y and speculation of a potential electric Ford Mustang.
