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(Marketwatch)   Even after announcing 1,400 jobs cut, Ford stock continues to go in reverse   ( marketwatch.com) divider line
    More: Followup, General Motors, closing low Wednesday, rival General Motors, Ford Motor, Ford Motor Company, auto maker, GM shares, profit warning  
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472 clicks; posted to Business » on 18 May 2017 at 3:22 PM (26 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



10 Comments     (+0 »)
 
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2017-05-18 11:03:10 AM  
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2017-05-18 01:28:16 PM  
even after?
 
2017-05-18 04:00:33 PM  
Surprising the transmission didn't break all together, so........doing better than expected
 
2017-05-18 05:04:36 PM  

Walker: [img.fark.net image 419x301]
[img.fark.net image 497x360]


He talked about how great things were for Ford today in the "press conference" this afternoon.

He also looked like he was coming down off a coke binge....again.
 
2017-05-18 06:55:30 PM  
B..b..but Ford didn't take a bailout!
 
2017-05-18 07:30:14 PM  
Correct me if I'm wrong, but isn't major job cuts a sign that a company is doing BADLY?  So why would that make the stock price go up?  Of course it went down.
 
2017-05-18 07:44:49 PM  

cefm: Correct me if I'm wrong, but isn't major job cuts a sign that a company is doing BADLY?  So why would that make the stock price go up?  Of course it went down.


Economic forecasts can also lead to job cuts but the company is doing fine.  It's an approach to head off potential issues.
 
2017-05-18 07:48:49 PM  

Gary-L: cefm: Correct me if I'm wrong, but isn't major job cuts a sign that a company is doing BADLY?  So why would that make the stock price go up?  Of course it went down.

Economic forecasts can also lead to job cuts but the company is doing fine.  It's an approach to head off potential issues.


Right. The auto industry is coming down off record sales, and there's a used car auto glut on the horizon. Manufacturers aren't going to sell as many new cars.
 
2017-05-19 12:37:49 AM  

Gary-L: cefm: Correct me if I'm wrong, but isn't major job cuts a sign that a company is doing BADLY?  So why would that make the stock price go up?  Of course it went down.

Economic forecasts can also lead to job cuts but the company is doing fine.  It's an approach to head off potential issues.


I would also add that the "job cuts" are actually voluntary early retirement packages for people in non-critical departments.  This is more about trimming fat than scrambling in desperation (which is how it's been portrayed).
 
2017-05-19 07:32:23 AM  
But,  Dennis Leary tells me they have the best trucks evar!
 
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