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Stock Market & Financial Investment News

News Breaks
December 28, 2012
06:57 EDTNSANY, FAuto makers attracted to Spain's low labor costs, NY Times reports
Ford (F) and Renault have recently announced plans to increase their production capacity in Spain, where labor costs are now 40% cheaper than in Germany and France, according to the New York Times. Other car makers had previously committed to spending up to $2.64B on building new plants or expanding existing factories in Spain, giving the troubled country a ray of hope, the newspaper said. Reference Link
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June 24, 2015
06:26 EDTFFord upgraded to Buy from Neutral at Goldman
Goldman upgraded Ford to Buy and increased its price target to $19 from $18. The firm expects earnings momentum to accelerate in 2H and into 2016 driven by full production of the new F-150 and further market share gains following the launch of the Super Duty. Goldman expects positive pricing and low levels of relative incentives with its refreshed products. Further, Goldman expects Ford's position in China to continue to improve given strong product launch tempo.
05:40 EDTFFord launches car-share business in six U.S. cities, London, CNBC says
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June 23, 2015
17:44 EDTFGoldman ups Ford to Buy, cuts GM to Neutral
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17:27 EDTFFord upgraded to Buy from Neutral at Goldman
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12:05 EDTFFord seeks to migrate driver-assist technologies over product lineup over 5 yrs
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