Ford to cut dividends. Moody's lowers Ford's bond rating.
From BBC news today: Ford is to cut its shareholder dividend in half, a further blow for investors who have watched the carmaker's losses mount in recent months. Read the whole article HERE.
From Reuters today: Moody's Investors Service on Friday cut its ratings on Ford Motor Co. and its finance arm deeper into junk status, saying the automaker will face considerable stress as high fuel prices hurt demand for sports utility vehicles. Read more HERE
Read more about Ford's woes from Bloomberg
Read more on Ford's bond rating cut from Bloomberg or Forbes
From Reuters today: Moody's Investors Service on Friday cut its ratings on Ford Motor Co. and its finance arm deeper into junk status, saying the automaker will face considerable stress as high fuel prices hurt demand for sports utility vehicles. Read more HERE
Read more about Ford's woes from Bloomberg
Read more on Ford's bond rating cut from Bloomberg or Forbes
posted by Celia at 12:15 PM
17 Comments:
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Ford has recently been through a rough patch but the company is pulling itself back together. Good for them.
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Tanks for the post. Being a Ford shareholder and having always owned a Ford I was a little disappointed myself, but that's life sometimes!
Ford company needs to step up marketing efforts.
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