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April 25, 2014
07:09 EDTFFord affirms FY14 pre-tax profit view $7B-$8B
Ford says plan for FY14 automotive revenue to be about equal to FY13's $139.4B is on track. Says FY14 operating margin and operating related cash flow plans on track as well. The company maintains its view for U.S. and China industry volumes, but has increased its view for EU 20 industry volume this year to 14M-15M from 13.5M-14.5M. CFO Bob Shanks said, “The underlying run rate of our business in the first quarter was strong. We are particularly encouraged by Asia Pacific’s record profit, driven by very positive customer response to our new products, underscoring the traction and success of our growth plans in what is now the largest market in the world. In addition, the improvement in Europe confirms the progress we continue to make toward achieving a profit in 2015.”
News For F From The Last 14 Days
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November 25, 2015
06:29 EDTFTakata manipulated air bag testing data as early as 2000, NY Times reports
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November 24, 2015
14:19 EDTFFord to host sales conference call
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14:14 EDTFFord to hold a conference call
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November 23, 2015
10:37 EDTFFord no longer using Takata air bag inflators in future cars, AP reports
Ford (F) will stop using air bag inflators manufactured by Takata (TKTDY) in future vehicles, the Associated Press reports. The company joins Honda (HMC), Toyota (TM), and Nissan (NSANY) in choosing not to put the inflators in vehicles currently under development, the report says. Reference Link
10:33 EDTFFord recalls roughly 451,000 midsize vehicles in NA for potential fuel leak
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November 22, 2015
18:32 EDTFUAW union members ratify Ford agreement
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November 19, 2015
08:32 EDTFFord to hold a discussion
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06:11 EDTFFord-UAW contract headed for rejection, Reuters says
A proposed four-year labor deal between Ford and the United Auto Workers union seems headed for rejection after Chicago plant workers voted against the deal by a margin of over 2-to-1, Reuters reports. UAW leaders warned other members that rejecting the contract could jeopardize investments that would maintain U.S. factory jobs and believe that the proposed pact with Ford would be the richest in history, the report says. Reference Link
November 18, 2015
16:01 EDTFOptions Update; November 18, 2015
iPath S&P 500 VIX Short-Term Futures down 1.39 to 19.44. Option volume leaders: AAPL NBG TGT NFLX F FB QCOM SUNE GPRO MSFT
November 17, 2015
08:00 EDTFFord says launching new Escape
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November 16, 2015
12:56 EDTFFord faces trial over allegedly exaggerated MPG estimates, Bloomberg says
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08:20 EDTFFord sold remaining interest in Mazda, Nikkei reports
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November 13, 2015
06:30 EDTFFord testing autonomous vehicles at Mcity
Ford said it is the first automaker to test autonomous vehicles at Mcity - the full-scale simulated real-world urban environment at the University of Michigan. The 32-acre facility is part of the university's Mobility Transformation Center. Ford has been testing autonomous vehicles for more than 10 years and is now expanding testing on the diversity of roads and realistic neighborhoods of Mcity near the North Campus Research Complex to accelerate research of advanced sensing technologies. Reference Link

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