U.S. Deploys Gerald Ford Carrier to Caribbean
Digest more
Trump, Doug Ford
Digest more
Grindr (GRND), trademarked as the “Global Gayborhood in Your Pocket,” will release its Q3 earnings on November 6, ahead of which investor interest is surging, leading to a 16% weekly increase in its stock price.
Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.
Ford beat Q3 estimates with strong ICE demand, solid cash flow, and attractive valuation supporting long-term profitability. Read why F stock is a strong buy.
Ford sold a record number of hybrid vehicles in the third quarter. Still, it will have a high bar to clear after GM boosted profit expectations for the year.
General Motors reported, on Oct. 21, its third-quarter net income was $1.32 billion, a 57% decline compared with the year-ago period. GM blamed it on a loss in profits from electric vehicle production changes. GM has forecast a $5 billion tariff-related hit to its full-year profits.
Ford Motor cut its profit guidance on Thursday, citing fallout from a fire at a critical aluminum supplier that will crimp production of some of its most lucrative vehicles through the end of the year.
Ford is adding extra workers and taking other measures to meet “strong” customer demand for its F-Series pickup trucks, while making up for production losses stemming from a fire at an aluminum supplier’s plant.
Ford's Q3 earnings report provided much-needed clarity on some one-off headwinds, giving investors a sigh of relief. Learn more about F stock here.
Making the 1979 Vietnam War epic, Apocalypse Now, "almost killed" the legendary director, noted author John Malahy in his new book, Rewinding The ’80s: Cinema Under the Influence of Music Videos, Action Stars, and a Cold War.
Ford Motor Co. expects a profit hit of as much as $2 billion after a devastating fire at a key supplier of aluminum for its top-selling F-150 pickup truck, overshadowing financial results that exceeded expectations.