April 19, 2024
Ford

Ford Motor Company chops off $4 billion worth of debt

Recently Ford has had some issues with their stock pricing due to investor concern about slow sales within the automotive industry and uncertainty over how the company will pay the UAW’s health care trust fund. The news that came from Dearborn today will most likely calm spirits and even make some brokers jump for joy

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Ford

Ford’s plans for Mercury

Recently the media that had been pushing on with the Detroit’s Big Three and their issues or successes haven’t had much else to say other than the proposal which is under works at Ford deemed to kill of Mercury brand. Today, a report from Ford themselves shows that this isn’t serious news as the company

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Ford

Ford Motor Company will take care of debt before paying dividents

Ford Motor Company’s executive chairman William Clay Ford Jr. announced this week to shareholders that dividend payments would not be made until the automaker pays down more of its debt. During the same statement he also mentioned that shareholders don’t have any right to complain, considering the soar in stock value and the fact that

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