Ford Motor Company (NYSE: F) fiscal third quarter profit declined 22% as the company took a big charge linked to pension and employee buyout expenses. However, the automobile company posted record fiscal third quarter operating profit. Revenue also jumped 12%. For the latest period, Ford reported a pretax profit of $2.6 billion or 45 cents [...]
Shares of VMware Inc. (NYSE: VMW), a provider of virtualization and virtualization-based cloud infrastructure solutions, have plunged in early trading today after the company gave a disappointing outlook. The company also reported its fourth-quarter financial results. [...]
Car maker, Ford Motor Company (NYSE: F) announced on Thursday that it will be spending about $773 million for revamping manufacturing facilities in 6 southeast Michigan plants in 2013 as the company looks to launch next generation of products. [...]
Shares of Weatherford International Ltd. (NYSE: WFT), a provider of equipment and services used in drilling, evaluation, completion, production and intervention of oil and natural gas wells, are up sharply in trading today. [...]
U.S. automobile industry’s big three players posted stronger sales growth in June. While Ford Motor’s (NYSE: F) sales climbed up 7% in June from a year earlier, General Motors (NYSE: GM) and Chrysler Group LLC posted a double digit growth. [...]
Ford Motor Company (NYSE: F), today, reported that its U.S. new-vehicle sales climbed 13% in the month of May, driven by strong truck and Ford-brand sales. However, sales results missed estimates from Edmunds.com, pushing shares of the Dearborn, Michigan-based automaker lower. [...]
Ford Motor Company (NYSE: F), the Dearborn, Michigan-based automaker, reported a sharp decline in its first-quarter profit due to a higher tax bill and losses abroad. However, the automaker’s results beat Street estimates, sending shares higher in pre-market trading. [...] |
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