Tag Archives: ford stock

Ford Motor and General Motors Declare Stock Dividends

The Boards of Directors of Ford Motor (NYSE: F) and General Motors Company (NYSE: GM) have declared quarterly stock dividends, as the U.S. auto industry continues its slow financial recovery because of increasing auto sales. Continue reading

Posted in auto news, economy, financial results, news analysis, results | Tagged , , , , , , , , , , | Leave a comment

Ford Europe Sales Flat; Down Again in Western Europe

Ford now appears caught by two unforeseen macro-economic trends that are largely beyond its short term control – the collapse of Western European economies where Ford is a major player, and the growth of India and China, where Ford is a minor factor. Continue reading

Posted in auto news, economy, news analysis, results, sales | Tagged , , , , , , , , , , , , | Leave a comment

Ford Reduces Debt With Successful Conversion Offers

Ford Motor Company (NYSE: F) announced today the results of conversion offers of bonds for stock that will reduce the company’s Automotive debt by more than $1.9 billion, lowering annualized interest costs by about $180 million.

However, Ford is still listed as below investment grade by the rating agencies such as Moody’s Investors Service (Ba2) and Standard & Poor’s B+. Both junk ratings raise borrowing costs and limit large funds from buying Ford bonds. Ford lost its investment grade rating in 2005. Continue reading

Posted in auto news, economy | Tagged , , , , , , , , , , | Leave a comment