Moody's downgrades Ford to 'junk' status on weak outlook | |
Anonymous Coward User ID: 75540213 United States 09/10/2019 10:26 AM Report Abusive Post Report Copyright Violation | |
taternuts User ID: 22443691 United States 09/10/2019 10:28 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77955830 Slovakia 09/10/2019 10:31 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75540213 United States 09/10/2019 10:32 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 73779906 United States 09/10/2019 10:36 AM Report Abusive Post Report Copyright Violation | |
florencio x34xbv1 User ID: 77294439 United States 09/10/2019 10:51 AM Report Abusive Post Report Copyright Violation | |
Daggo User ID: 77035453 United States 09/10/2019 10:59 AM Report Abusive Post Report Copyright Violation | It sure is, charge way too much for your product and you lose customers. All the main car manufacturers are charging way too much for their vehicles, 50 fucking grand for a base model truck is insane. :Pirate Flag: 8-14-2018 The day Free Speech died in America |
Anonymous Coward User ID: 77955830 Slovakia 09/10/2019 11:18 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 7184195 United States 09/10/2019 11:32 AM Report Abusive Post Report Copyright Violation | |
sparky User ID: 40210044 United States 09/10/2019 11:34 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74944420 United States 09/10/2019 11:41 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75540213 United States 09/10/2019 11:45 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77908405 United States 09/10/2019 11:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77981009 United States 09/10/2019 11:58 AM Report Abusive Post Report Copyright Violation | |
Lester User ID: 339302 United States 09/10/2019 12:00 PM Report Abusive Post Report Copyright Violation | Maybe Uncle Warren wants to buy Ford???? Or some other Billionaire that needs a helping-hand downgrade just to happen out of the blue?.... Downgrade Ford, but how're GM and Fiat Dodge Jeep doing??? Everything Economic has a "weak outlook"; looks fucking desperate to me, not just "weak" out there... Looks to me like the The Can has been kicked into a blind alley and is up against a wall. How does Moody's rate The US Govt these days? Prolly a lot better than it would had the CEO of Standard & Poors not been pilloried for their US Govt Downgrade several years back... How did the ratings agencies escape not being liable for all the bullshit A ratings they sold to facilitate the frauds of 2007, esp re Mortgage Backed Securities? Rating agencies, what a proven bunch of lying toadies. |
Q33 User ID: 77983633 Canada 09/10/2019 12:10 PM Report Abusive Post Report Copyright Violation | [link to finance.yahoo.com (secure)] Quoting: Anonymous Coward 73779906 New York (AFP) - Moody's downgraded Ford's credit rating to speculative or "junk" status on Monday, citing the company's weak financial outlook as it embarks on an ambitious restructuring. Characterizing the auto giant's current overhaul as "unprecedentedly large and challenging," the ratings agency slashed Ford's debt to the non-investment-grade "Ba1" -- saying prospects for its cash flow and profit margins through the 2020-2021 period were poor. Ford's performance has eroded "during a period in which global automotive conditions have been fairly healthy," Moody's said. "Ford now faces the challenges of addressing these operational problems as demand in major markets is softening and as the auto industry is contending with an unprecedented pace of change relating to vehicle electrification, autonomous driving, ride sharing and increasingly burdensome emission regulations." However, Ford "does have a sound balance sheet and liquidity position from which to operate," said Moody's senior vice president Bruce Clark. Should of been allowed to collapse in 2008-2009 how stupid to bail them out! |
Q33 User ID: 77983633 Canada 09/10/2019 01:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77500925 France 09/10/2019 02:06 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77632465 United States 09/14/2019 08:43 PM Report Abusive Post Report Copyright Violation | Maybe Moody’s is speculating gas prices will increase shifting demand away from trucks and large SUV’s towards cars, which Ford no longer competes in other than the Mustang Quoting: Anonymous Coward 77981009 Thread: IT'S HAPPENING! Saudi Arabia has decided to shut down HALF of its total oil production |
Anonymous Coward User ID: 25679327 United States 09/14/2019 08:51 PM Report Abusive Post Report Copyright Violation | |