F - Ford Motor Company
| Previous Close | 10.29 |
| Open | 10.30 |
| Bid | 10.28 x 38800 |
| Ask | 0.00 x 1100 |
| Day's Range | 10.20 - 10.30 |
| 52 Week Range | 7.41 - 12.15 |
| Volume | 28,929,326 |
| Avg. Volume | 43,317,750 |
| Market Cap | 41.013B |
| Beta (3Y Monthly) | 0.91 |
| PE Ratio (TTM) | 13.23 |
| EPS (TTM) | 0.78 |
| Earnings Date | Jul 24, 2019 |
| Forward Dividend & Yield | 0.60 (5.74%) |
| Ex-Dividend Date | 2019-04-23 |
| 1y Target Est | 10.36 |
Yahoo Finance•10 hours agoBernie Sanders slams 'the Trump tax scam' after Ford announces layoffs
Trump’s 2017 tax law, the Tax Cuts and Jobs Act (TCJA), was touted as a way to reduce the corporate tax rate and help American businesses thrive.
- TechCrunch•14 hours ago
Ford will slash 7,000 salaried jobs by August
Ford Motor is laying off 7,000 salaried employees as part of CEO Jim Hackett's restructuring plan to reduce bureaucracy, cut costs and turn the automaker into a more agile company prepared for a future that extends beyond its traditional business of producing and selling cars and trucks. The cuts represent about 10% of the automaker's salaried employees. Some buyouts and layoffs have already occurred, according to an email sent to employees by Hackett.
- Motley Fool•34 minutes ago
After Hours: General Motors Digitizes, Ford Downsizes
Two car companies are zooming ahead with their plans, while Coca-Cola is "un-refranchising" across the Atlantic.
- Barrons.com•11 hours ago
Ford Is Laying Off Thousands as Car Makers Struggle With Their Own Recession
It is effectively a recession in the U.S. automotive sector, and Ford is the latest company to respond, with plans to reduce its salaried staff by 7,000 people, or about 10%.
- Market Realist•11 hours ago
Why Trump Bears Responsibility for US Auto Industry Job Cuts
Why Trump Bears Responsibility for US Auto Industry Job CutsFord to cut jobsOn May 20, Ford Motor Company (F) joined the other automakers that have cut their salaried workforces in the United States to save on costs in the last couple of years.This
- The Guardian•13 hours ago
Ford to cut 7,000 jobs including more than 500 in UK
A Ford Mustang at the London Motor Show last week. Photograph: Velar Grant/Zuma Wire/Rex/Shutterstock Ford is to cut at least 7,000 jobs, including about 550 in the UK, as it presses ahead with plans to reduce costs in Europe and the US. The US carmaker said it planned to cut 10% of its global workforce by the end of August, after announcing plans to shrink its European operations this year. The cuts are expected to save Ford $600m (£471m) a year, helping it improve its profit margins, as carmakers manage weak global demand and ready themselves for a period of upheaval caused by a shift to electric vehicles. Ford did not say how many jobs would go in the UK but the company is expected to shed about 550 employees spread across its sites in Dagenham, Bridgend and Halewood. In a memo to staff on Monday, the chief executive, Jim Hackett, said the restructuring plan would start on Tuesday, with the majority of cuts being finished by 24 May. “To succeed in our competitive industry, and position Ford to win in a fast-changing future, we must reduce bureaucracy, empower managers, speed decision-making and focus on the most valuable work, and cost cuts,” he wrote. Ford first announced widespread cuts across its European operations in January but did not give further details. It is hacking back its European operations in an attempt to increase profit margins, including shutting down loss-making vehicle lines. The US carmaker is to abandon the multivan market – of vehicles with more than five seats – stop manufacturing automatic transmissions in Bordeaux from August, review its operations in Russia, and combine the headquarters of Ford UK and Ford Credit at a site in Dunton, Essex. Germany will bear the brunt of the company’s European retrenchment, with about 5,000 jobs to be lost when temporary staff are included. Ford did not blame Brexit for its cost-cutting plans but has said a no-deal scenario could make matters worse. It said leaving the EU without a deal would result in costs of $500m to $1bn during 2019 alone, adding to a series of stark warnings from major car firms over potential disruption to British manufacturing.
- Market Realist•13 hours ago
Ford CEO Announces Big Job Cut: Trump Might Not Like It
Ford CEO Announces Big Job Cut: Trump Might Not Like ItFord announces job cutEarlier on May 20, Ford Motor Company’s (F) CEO, Jim Hackett, announced a plan to cut ~7,000 white-collar jobs. Among the 7,000 jobs, Ford’s layoff plans would hurt
- Motley Fool•13 hours ago
Stock Market News: Ford Faces Layoffs; Sprint Soars on Merger Hopes
Markets were mostly lower Monday morning.
Reuters•14 hours agoFord Motor Co to cut 10% of white-collar jobs as part of global restructuring
Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No. 2 automaker $600 million annually. Ford Chief Executive Officer Jim Hackett said in an email to employees that the cuts include both voluntary buyouts and layoffs, and a spokesman added it freezes open positions as well. "To succeed in our competitive industry, and position Ford to win in a fast-changing future, we must reduce bureaucracy, empower managers, speed decision making, focus on the most valuable work and cut costs," Hackett said in the email.
- Bloomberg•15 hours ago
Ford Slashes 7,000 Jobs as Sweeping Disruption Hits Automakers
Eliminating the positions will save Ford about $600 million a year, Chief Executive Officer Jim Hackett wrote in a memo to employees Monday, seven months after the company informed employees of a salaried workforce “redesign.” The majority of the cuts will be completed by May 24 in North America, and by the end of August in markets including Europe, China and South America. “To succeed in our competitive industry, and position Ford to win in a fast-changing future, we must reduce bureaucracy, empower managers, speed decision making, focus on the most valuable work, and cut costs,” Hackett wrote.
- Reuters•15 hours ago
UPDATE 3-Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring
Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No. 2 automaker $600 million annually. Ford Chief Executive Officer Jim Hackett said in an email to employees that the cuts include both voluntary buyouts and layoffs, and a spokesman added it freezes open positions as well. "To succeed in our competitive industry, and position Ford to win in a fast-changing future, we must reduce bureaucracy, empower managers, speed decision making, focus on the most valuable work and cut costs," Hackett said in the email.
- Zacks•15 hours ago
Is Ford Motor (F) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
Is (F) Outperforming Other Auto-Tires-Trucks Stocks This Year?
CNBC•16 hours agoFord to cut 7,000 jobs by August, including 900 this week
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2 automaker $600 million annually.
Reuters•3 days agoU.S. lifts tariffs on Canadian, Mexican metals in boost for trade pact
WASHINGTON/OTTAWA (Reuters) - The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals shipments, will also eliminate Mexican and Canadian retaliatory tariffs on a broad range of U.S. products, including pork, beef and bourbon. The United States and Canada said their agreement will be implemented by Sunday afternoon, and includes new curbs aimed at preventing dumped steel and aluminum from China and other countries from entering the U.S. market via Canada.
- Zacks•3 days ago
Automobile ETFs in Focus Post Mixed Earnings
Here, we analyze the performance of certain ETFs with exposure to some major U.S. Automobiles industry players post their earnings releases.
- Motley Fool•3 days ago
5 Cheap Stocks to Buy in 2019
There's a big difference between a low stock price and a stock that's actually cheap. Here's how to tell the difference and add five prime cheap picks to your portfolio.
- Zacks•4 days ago
The Zacks Analyst Blog Highlights: Meritor, Ford, Allison, Cummins and SORL
The Zacks Analyst Blog Highlights: Meritor, Ford, Allison, Cummins and SORL
- Reuters•4 days ago
UPDATE 5-U.S. lifts tariffs on Canadian, Mexican metals in boost for trade pact
WASHINGTON/OTTAWA, May 17 (Reuters) - The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals shipments, will also eliminate Mexican and Canadian retaliatory tariffs on a broad range of U.S. products, including pork, beef and bourbon. The United States and Canada said their agreement will be implemented by Sunday afternoon, and includes new curbs aimed at preventing dumped steel and aluminum from China and other countries from entering the U.S. market via Canada.
- Zacks•4 days ago
Why Ford (F) Could Be Positioned for a Surge
Ford (F) is seeing positive earnings estimate revisions suggesting that it could be a solid choice for investors.
- Reuters•4 days ago
UPDATE 6-Trump declares some auto imports pose national security threat
U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to allow for more time for trade talks with the European Union and Japan. The unprecedented designation of foreign vehicles imported to the United States from some of its closest allies sparked anger from automakers, dealers and foreign governments after a White House document hinted it would seek voluntary export quotas on autos from U.S. trading partners.
- Zacks•4 days ago
Ford Announces Another Recall of 273K Units in North America
Ford (F) recalls in North America to solve transmission glitch that can lead to unintended vehicle movements.
- Reuters•4 days ago
Ford revs up to sell hybrids with appeal of speed and power
Ford Motor Co is turning to the automotive marketer's time-tested themes, speed and power, to sell a new generation of gasoline-electric hybrid vehicles to mass market customers. Ford this week showed off a hybrid Ford Explorer it is selling to U.S. police departments that combines a six cylinder engine with a lithium-ion battery, an electric motor and a 10-speed transmission to deliver 318 horsepower and speed that can outrun police vehicles equipped with a larger V-8, company executives said. In the past, Ford promoted hybrids such as the C-Max by stressing fuel economy.
- Bloomberg•4 days ago
Ram’s iPad-Size Touch Screen Emerges as Hottest Add-On in Trucks
Winning over truck owners means your dashboard display screens have got to be big, too. Fiat Chrysler Automobiles NV proved this with its redesigned Ram 1500 pickup, which features an Apple iPad-inspired 12-inch touch screen in the center console. The big display has helped vault the longtime laggard truck line into second place, surpassing General Motors Co.’s Chevrolet Silverado and seizing a 23% share of the fiercely competitive large truck segment in the first quarter, according to Edmunds.
