Monday, April 11, 2005

 

Ford

Ford Shares, Bonds Decline After Carmaker Cuts Its 2005 Earnings Forecast Ford Shares, Bonds Drop After Profit Forecast Cut (
April 11 (Bloomberg) -- Ford Motor Co.'s shares and bonds fell after Chief Executive William Clay Ford Jr. cut the company's 2005 profit forecast and abandoned a 2006 target he set as part of a plan to revive earnings.

Shares of Ford, the second-biggest U.S. automaker, fell as much as 8.5 percent. The yield for Ford's 7 percent notes maturing in 2013 widened to its highest level since the bond was issued. Fitch Ratings changed its credit outlook on Ford to ``negative,'' and analysts cut their ratings on Ford stock...

*Link was found on Whatreallyhappened.com
So, what has been happening with Ford, lately. I haven't watched them for awhile, but there were their SUVs tipping over (but were using, was it Bridgestone? tires) - who ended up paying out - or did anyone. I kind of recall some deal? ... and why does our leader want to put social security into the type of situation (stocks) of possibly losing money?

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