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-0.000156684554819991 -0.00309451995769509 -0.0070116338281954 -0.00505307689294533 0.00376042931568014 -0.0070116338281954 -0.0070116338281954 0.000822593912805042
Stock impact report

Ford Hints at Raising More Cash After Roughly $600 Million Loss [Yahoo! Finance News]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
) -- Ford Motor Co. is considering additional financing actions as a global pandemic heaps more pressure onto earnings that already were slumping before the coronavirus forced plant and showroom closures around the globe.The carmaker said Monday it’s expecting to report a loss later this month and that it had roughly $30 billion in cash on its balance sheet as of April 9. The comments suggest the company has used about $8 billion since the end of last year, Joel Levington a Intelligence credit analyst, wrote in a report.Chief Executive Officer Jim Hackett already has suspended the dividend prized by Ford’s founding family and drew $15.4 billion from two credit lines last month to help weather months of uncertainty over when it can resume manufacturing and selling vehicles. The automaker may now stockpile even more cash to get through the crisis.“We continue to opportunistically assess all funding options to further strengthen our balance sheet and increase liquidity to optimize our f Show less Read more
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