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0Official: Blue Oval no longer in hock as Ford credit rating upgraded 1337725800
Moody's upgraded Ford's credit rating to investment grade today, the final step for the company to be able to reclaim its Blue Oval. Ford had offered its globally recognized trademark as part of a 2006 loan package. According to the Detroit Free Press, the collateralized logo and the rest of ...
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Official: Ford books $1.4B, profits dragged down by Europe and Asia 1335537000
What a difference a few years make. Back in 2009, Ford Motor Company's North American operations were dragging down its earnings. The company reported a net loss of $1.4 billion in that year's first quarter when market share in the U.S. was falling but rising overseas. The situation today, ...
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Report: Ford no longer junk at Fitch as bonds return to investment grade 1335373260
No doubt Ford has seen the light shining at the end of its turnaround plan for a while, but now The Blue Oval is getting so close to the daylight it might even be able to smell the fresh air. By the end of 2005, Ford bonds were rated so low by the three major ratings agencies they was floating in ...
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Report: Mulally awarded $58.3M in stock for succesful turnaround 1331155140
Ford CEO Alan Mulally has been awarded $58.3 million in company stock for his hand in righting the automaker's fortunes. After taxes, the CEO will receive $34.5 million. According to Automotive News, Mulally will also receive salary and benefits for 2011 on top of the his stock incentives. The ...
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Report: GM leads worst performing auto stocks of 2011 1325604540
In spite of General Motors standing poised to retake the top sales spot, Chevrolet perhaps breaking its all-time sales record, and an anticipated Buick and two new Cadillac models coming, GM's stock price got beat like a goat in 2011. On January 2, 2011 the stock traded at $37.06, on January 2, ...
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Official: Ford reinstates dividend, first one in half-decade 1323376140
In another sign of its success, Ford has announced that it will be paying out a quarterly dividend, the first time it will do so in over five years. The five-cents-a-share dividend will begin on March 1, 2012. According to The Detroit Free Press, the move will cost Ford about $200 million per ...
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Ford's Big Goal in 2011: Get out of junk status, lower loan rates 1293807660
2010 was a banner year for Ford Motor Company. Market share and profits were as good as they've been in years, and there is genuine buzz surrounding the Blue Oval's cars and trucks. Heck, even Ford's stock has been a monumental success. But not all that glitters is gold, as Ford is still mired in ...
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Ford posts sixth consecutive quarterly profit 1288099620
Ford has posted its sixth consecutive quarterly profit with a net income of $1.7 billion. That figure marks the largest third-quarter earnings for the company since 1990, sailing well above the $997 million Ford earned during the third quarter of 2009. As a result of its earnings, the automaker ...
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Report: Bill Ford admits Blue Oval may lose investors to GM IPO, seems unconcerned 1282339740
Bill Ford, executive officer for Ford Motor Co., seems to be taking a fairly realistic stance when it comes to arch-rival General Motors releasing its IPO. While speaking at the kickoff of this weekend's Woodward Dream Cruise, Ford said that he was certain that some of his company's investors ...
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REPORT: Billionaire investor Soros buys $53M in Ford stock, sends it soaring 1258583340
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, ...

