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Tag: Ford Motor Co.

Stock market today: live updates

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Stock market today: live updates

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images The S&P 500 was flat on Tuesday as investors prepared for key corporate earnings releases, including reports from big-name technology companies. The broad market index hovered just above the flatline during […]

Ford shares are falling as high costs and supplier problems could take their toll

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Ford shares are falling as high costs and supplier problems could take their toll

Shares of Ford Motor Co. are trading lower in premarket Tuesday after the company told investors that 2024 earnings will hit the lower end of its forecast. On Monday, the Detroit automaker said it expects full-year adjusted profit of about $10 billion. The previous forecast was for profits of between $10 billion and $12 billion. […]

Ford's third-quarter profit will be hit by the cancellation of its electric SUV

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Ford's third-quarter profit will be hit by the cancellation of its electric SUV

DETROIT (AP) — Stubbornly high warranty costs and sluggish cost-cutting efforts are holding back Ford Motor Co.'s profits this year, prompting the company to cut its full-year profit forecast. This sent the company's share price down 6% in trading after the closing bell on Monday. The Dearborn, Mich., automaker, which reported its third-quarter results on […]