Ford reports earnings after the bell and is expected to lose billions from the coronavirus pandemic
U.S. auto sales turned out to be more resilient than anticipated, and the company resumed normal shift operations at domestic plants a month ahead of schedule.
Wall Street is watching how much cash Ford burned in the quarter as well as any guidance on debt and its $11 billion restructuring plan. Jim Hackett of Ford Motor speaks at an event during the 2018 North American International Auto Show in Detroit, Michigan, U.S., on Jan. 14, 2018.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
GM deserves more faith from shareholders than FordThe carmaker run by Mary Barra is holding up better in the pandemic than its Detroit rival. It’ll also zip back to profit more quickly and remains ahead on electric and autonomous cars. Yet Ford’s shares offer a smoother ride and better multiple. That doesn’t track.
Weiterlesen »
‘The Fugitive’ Star Boyd Holbrook on Why His Quibi Reboot Is Nothing Like the Harrison Ford Film (WATCH)Quibi’s new “The Fugitive” is not your father’s “Fugitive” — or your grandfather’s, for that matter. In fact, the only thing the reboot, which premieres on Aug. 3, has in common with the 1993 Harri…
Weiterlesen »
GE loses less cash than expected even as pandemic pummels earningsGeneral Electric Co lost less cash than estimated in the second quarter even as the coronavirus pandemic pummeled demand in its aviation business, resulting in a wider-than-expected quarterly loss.
Weiterlesen »
Volkswagen posts $940 million first-half loss and cuts dividend as pandemic hammers salesVolkswagen has reported an operating loss of 800 million euros ($940 million) for the first half of 2020 and cuts its dividend as the coronavirus pandemic hammered car sales.
Weiterlesen »
Faces of some of the more than 150,000 lives lost in US to coronavirusBREAKING: The U.S. death toll for the coronavirus has climbed over the grim milestone of 150,000—more than the deadliest flu season in recent years.
Weiterlesen »
'Pandemic and advertiser boycott create heightened uncertainty': Here's what 3 analysts expect from Facebook's quarterly earnings | Markets InsiderFacebook will release second-quarter figures after markets close on Thursday, giving investors an update to how it's fared throughout the corona...
Weiterlesen »