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REPORT: Billionaire investor Soros buys $53M in Ford stock, sends it soaring
About a year ago, when Ford's stock dropped to just above $1 per share, we had a total Ralph Kramden-style get rich quick epiphany. Take all our money and buy Ford stock. Why? Having driven Ford's new, excellent products (like, say, the 2010 Ford Fusion), we knew that barring some weird disaster, that its stock could only, would only rise. Talk about easy money – we'd just sit back and get rich(ish). Trouble was A) we didn't have very much money B) we... forgot to buy any Ford stock. Now, billionaire with a B investor and ... Read more →
Mullaly awarded option to buy 5 million shares of Ford stock Chris Shunk
When Ford Motor Company CEO Alan Mulally joined team Ford back in 2006, Blue Oval stocks were trading at $8.36 per share. But a very bad recession and an especially hard hit auto market have torpedoed ...
Kerkorian sells off another load of Ford shares Jonathon Ramsey
Just four months ago, Kirk Kerkorian had a cup out and was asking passers-by for some spare Ford shares. Although he only wanted 20 million of them, he was offered one billion. Turns out those folks ...
Ford to sell $500m in new stock Chris Shunk
In an effort to secure more capital and reduce debt, Ford plans to sell $500m in new stock. Ford will use the cash infusion to buy bonds from Ford Motor Credit, which has been struggling with the slow ...
Ford stock up thanks to Kerkorian, Volvo remains "not for sale" Dan Roth
Kirk Kerkorian's associate Jerry York stated last Thursday that Ford would do well to sell Volvo and extinguish Mercury. Coincidentally (or not) Ford's stock zoomed up to one of the highest price ...
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REPORT: Billionaire investor Soros buys $53M in Ford stock, sends it soaring 19 days ago on Autoblog
About a year ago, when Ford's stock dropped to just above $1 per share, we had a total Ralph Kramden-style get rich quick epiphany. Take all our money and buy Ford stock. Why? Having driven Ford's new, excellent products (like, say, the 2010 Ford Fusion), we knew that barring some weird disaster, ...
Mullaly awarded option to buy 5 million shares of Ford stock 8 months ago on Autoblog
When Ford Motor Company CEO Alan Mulally joined team Ford back in 2006, Blue Oval stocks were trading at $8.36 per share. But a very bad recession and an especially hard hit auto market have torpedoed Ford shares to their lowest levels in decades. With stocks hovering around the Mendoza line, ...
Kerkorian sells off another load of Ford shares 1 year ago on Autoblog
Just four months ago, Kirk Kerkorian had a cup out and was asking passers-by for some spare Ford shares. Although he only wanted 20 million of them, he was offered one billion. Turns out those folks trying to get out of the Ford ownership business might have been a bit more prescient than the ...
Ford to sell $500m in new stock 1 year ago on Autoblog
In an effort to secure more capital and reduce debt, Ford plans to sell $500m in new stock. Ford will use the cash infusion to buy bonds from Ford Motor Credit, which has been struggling with the slow economy and nation-wide credit crunch. Goldman Sachs is handling the stock sale, and Ford has given ...
Ford stock up thanks to Kerkorian, Volvo remains "not for sale" 1 year ago on Autoblog
Kirk Kerkorian's associate Jerry York stated last Thursday that Ford would do well to sell Volvo and extinguish Mercury. Coincidentally (or not) Ford's stock zoomed up to one of the highest price levels it's seen in the last six months. Tracinda Corporation, Kerkorian's firm, has expressed faith in ...
Autoblog Podcast #155: 'Twas the night before LA...
Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.
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