New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 27, 2014
12:38 EDTFEarnings Preview: Ford sentiment mixed ahead of Q4 report
Ford Motor Co. (F) is expected to report fourth quarter earnings on Tuesday, January 28 before the market open with a conference call scheduled for 9:00 am ET. Ford is a manufacturer and distributor of cars and trucks across six continents. EXPECTATIONS: Analysts are looking for EPS of 28c on revenue of $35.15B, according to First Call. The consensus range for EPS is 20c-37c on revenue of $33.91B-$35.99B. LAST QUARTER: Ford reported Q3 adjusted EPS of 45c against estimates for 37c on revenue of $36B against estimates for $33.98B. On its Q3 earnings report, the company raised its FY13 pre-tax profit view to "higher than" from "equal to higher than" FY12. The company forecast 2013 global auto industry sales up 3.8% compared to FY12 levels, with stabilization and modest recovery in the Euro area. Ford said it was on track to have higher market share in the U.S. and China in 2013, with about equal market share in Europe. On December 18, Ford forecast FY14 total company pre-tax profit ex-items of $7B-$8B, and said pre-tax profit in North America would be lower than FY13. Speculation persisted through the quarter that CEO Alan Mulally might leave the company for Microsoft (MSFT). However, on January 7, Mulally confirmed he would remain at Ford through at least 2014. STREET RESEARCH: Street research has been mixed in the weeks leading up to Fords's Q4 earnings report. On October 25, research firm CLSA upgraded Ford to Outperform from Underperform, citing impressive execution, strong U.S. truck demand, and a European recovery in the making. They raised their price target on the shares to $20 from $18. On December 19, Ford was downgraded to Hold from Buy at Craig Hallum due to disappointing guidance. The firm said that increased costs to position the company for 2015 and beyond would result in one of the freshest and newest portfolios among majors.They lowered their price target to $16 from $21. PRICE ACTION: Ford's shares are modestly lower since its Q3 report, however they are up almost 14% over the past twelve months. In early afternoon trading ahead of Tuesday's Q4 report, Ford is down almost 2%.
News For F From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 26, 2014
17:02 EDTFNHTSA orders Takata to issue nationwide U.S. air bag recall, Reuters says
Subscribe for More Information
November 25, 2014
13:37 EDTFFord to host sales conference call
Conference call to discuss November 2014 sales will be held on December 2 at 9:30 am. Webcast Link
November 23, 2014
12:40 EDTFFord's aluminum-bodied F-150 pickup more gas efficient, WSJ says
Subscribe for More Information
November 21, 2014
08:14 EDTFHonda warned Takata on airbags years before recalls, WSJ reports
Subscribe for More Information
November 20, 2014
14:47 EDTFMobileye sinks despite better than expected revenue, outlook
Subscribe for More Information
07:57 EDTFIIHS crash tests results for minivans 'one of the worst', CNBC says
Subscribe for More Information
November 19, 2014
07:35 EDTFBarclays to hold a conference
Global Automotive Conference is being held in New York on November 19-20.
06:51 EDTFRegulators push automakers for wider airbag recall, NY Times says
The National Highway Traffic Safety Administration urged automakers to recall all U.S. vehicles with airbags made by Takata, according to The New York Times. The recall of of vehicles with the airbags has been limited to two states and two territories associated with high humidity, the newspaper stated. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
November 18, 2014
17:37 EDTFNHTSA wants 'millions of vehicles' recalled due to Takata air bags, CNBC reports
The National Highway Traffic Safety Administration, or NHTSA, is calling for a nationwide recall of "millions of vehicles" due to Takata air bags that could inflate with too much force and injure drivers, reports CNBC. The NHTSA stated that the agency will "use the full extent of its statutory powers" if the recall is not conducted quickly, CNBC added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
09:55 EDTFFord recalling 65,000 Fusion sedans in North America, Reuters reports
Ford is recalling 65,000 Fusions in North America, or about 56,500 in the U.S., 6,000 in Canada and 2,350 in Mexico, Reuters reports. The automaker is recalling the vehicles due to a programming fault that allows the key to be removed from the ignition even if the car is not in "park" 30 minutes after the ignition is off. No injuries or crashes have been reported as a result of this issue. For the latest breaking news, listen to Fly Radio
November 17, 2014
14:17 EDTFFord wants to make electric vehicles for the masses, Yahoo reports
Subscribe for More Information
09:22 EDTFOn The Fly: Pre-market Movers
Subscribe for More Information
November 16, 2014
17:57 EDTFFord expands Ranger recall on additional Takata air bag defect, Bloomberg says
Ford has increased the scope of its Ranger pickup trucks recall after an incident in Malaysia alerted the car company of a defect in the Takata air bags that was not previously known, says Bloomberg. Reference Link
16:55 EDTFFord could rise 30% in a year, Barron's says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use