Search results for Ford
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Posted
Jun 29 2009, 11:05 AM
by
Todd Harrison
Rating:
Money Blog: Top Stocks Blog - MSN Money
The S&P 500 has gained about 2% this year, but a handful of winners have more than doubled in value.
The downside: Some of the stocks were beaten down and benefited from a dead cat bounce, while six of the 10 winners recently traded at less than $10 a share -- often the cutoff for long-term investors. Others benefited from rising commodity prices -- perhaps an indication that the recession is easing.
Success in the current market may be written in water, but these stocks have recently made waves:
1, 2. The "Ugh” Factor
Sprint Nextel (S) and Tenet Healthcare (THC) recently fetched less than $5 a share, so they doubled off a narrow base. This doesn’t inspire confidence or suggest a strong run ahead. Still, it would be unkind to call their recent move higher a statistical quirk: Tenet is up about 151% this year; Sprint is up about 173%.
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Posted
Jun 23 2009, 09:45 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
 Ford (F) chief executive Alan Mulally makes no secret about his love for the Taurus. Ford had already killed the car when Mulally joined the company in 2006, but he brought it back, reports The Wall Street Journal.
Now, Mulally is hoping a new version of the Taurus (pictured) will help save his struggling company. "I have a personal interest in this car," he told the Journal. Ford will debut the new Taurus this summer.
There's no doubt that Taurus was a huge hit for Ford. Some say it was the most influential car since the Model T, according to The Associated Press. But can lightning strike twice? The new Taurus has lots of new technological goodies, but a pumped-up price tag as well, ranging from $26,000 to $40,000. That's a big hurdle to overcome for buyers in a recession facing climbing gas prices.
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Posted
Jun 22 2009, 04:04 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
Who needs Advil when it is more expensive than aspirin and probably does no better at reducing pain? Who needs Starbucks (SBUX) when Maxwell House has just as much caffeine?
A new survey of purchasing data from 23,000 stores conducted by the Pointer Media Network shows that many shoppers are simply walking away from their favorite brands because they can’t afford them due to high prices during a recession.
According to Reuters, from 2007 to 2008, of shoppers surveyed “33 percent completely defected to another brand.”
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Posted
Jun 19 2009, 11:07 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
Remember when the chief executives for Detroit's automakers flew in private jets to ask Washington for $25 billion in taxpayer money? Those were the days. Private planes are now history for General Motors (GMGMQ). A bankruptcy judge is allowing the company to end its leases for all seven of its corporate jets and hangar space at a Detroit airport, The Washington Post reports. Now, company execs will have to -- gasp -- fly commercial. "We're all flying Delta," a company spokesman said. In a court filing, GM said that those airplane leases "are not necessary or valuable" to its business activities. In a more honest assessment of the situation, GM spokesman Tom Wilkinson said "the use of private jets was a political hot potato."
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Posted
Jun 08 2009, 07:29 AM
by
Todd Harrison
Rating:
Money Blog: Top Stocks Blog - MSN Money
In a perfect world, all energy would come from electricity and hydrogen. Wind, solar, tidal, geothermal, and other renewable energy sources would provide enough electricity to power everything except air transportation. The “conventional” answer to transportation in the future was the hydrogen fuel cell. It doesn’t get any better than that. The fuel cell burns hydrogen and powers cars, trucks, and any other transportation vehicle. The hydrogen combines with oxygen to form water vapor. No other gases or pollutants are released.
The hydrogen fuel cell is an efficient generator of electricity, but it has one major problem: It needs hydrogen. So where does it get it? Therein lies the hydrogen myth. On Earth, there's no hydrogen to mine. You have to make it, and that requires wasting energy. You could conceivably mine hydrogen from the sun or Jupiter, but even Al Gore would probably agree that that would be tough to accomplish.
Last month, the Department of Energy (DOE) finally conceded that hydrogen won't be a part of the near-term solution to global warming, the peak oil crisis, or anything else you can think of. They're cutting back funding dramatically on hydrogen research. This is a triumph of physics over policy. In the long run, physics will always win, but we have way too many policy wonks in Washington without a clue about how the physical world works.
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Posted
Jun 01 2009, 04:35 PM
by
Catherine Holahan
Rating:
Money Blog: Top Stocks Blog - MSN Money
 General Motors' (GM) long-anticipated bankruptcy announcement on Monday didn't send investors running from the markets. If anything, they responded with relief to the news that GM would file for Chapter 11. The Dow actually rose 221 points as the storied automaker wiped out shareholders and erased much of the $172 billion it owed creditors.
But GM's bankruptcy could yet send the rallying market into reverse.
Though the $30 billion in taxpayer money granted by the Obama administration saved GM from liquidation, it didn't solve the automaker's two main problems: too much production, too few buyers. To address those, GM will lay off tens of thousands of employees in the next 30 to 60 days and cause hundreds of thousands more to lose their jobs. Those layoffs, in turn, will likely fuel increases in weekly unemployment claims -- dragging down the economy and potentially delaying any 2009 recovery.
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Posted
Jun 01 2009, 07:52 AM
by
Todd Harrison
Rating:
Money Blog: Top Stocks Blog - MSN Money
It's official: General Motors (GM), the world's largest car company for more than 75 years, will drag its $82 billion in assets and $173 billion in liabilities into bankruptcy court.
The long-awaited move leaves the U.S. government as GM's majority owner. Washington is betting more than $50 billion in taxpayer money that its turnaround plan can transform GM into a slimmed-down, dynamic powerhouse in the rapidly changing global automotive industry -- despite mountains of debt, labor disputes, high fuel prices, and anemic sales.
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Posted
May 29 2009, 06:59 AM
by
Des Toups
Rating:
Money Blog: Top Stocks Blog - MSN Money
Bankruptcy is cruel. The man credited with saving Chrysler the first time around now must buy his once-free cars or give them back by Sunday.
Lee Iacocca, now 84, led a Chrysler turnaround in the 1980s that hinged on the federal guarantee of $1.5 billion in loans, guarantees won largely on the charismatic executive’s persuasive appearances before Congress and masterful public-relations moves such as cutting his salary to $1 a year. He later became the public face of his company, pitching cars personally with the line, “If you can find a better car, buy it.
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Posted
May 28 2009, 06:29 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
Car-parts maker Visteon is going into Chapter 11 and if a number of its peers follow it, there is a chance that the supply of components to U.S. car companies could be interrupted. That would make General Motors’ (GM) life more difficult as it attempts to go through the Chapter 11 process itself.
In a filing about the action, Visteon said it to fund operations with its cash balance, cash from operations and a debtor-in-possession facility. Ford (F) "has executed a commitment letter to support debtor-in-possession financing for Visteon’s restructuring efforts and to ensure long-term continuity of supply,” the company added.
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Posted
May 15 2009, 12:20 PM
by
Andrew Horowitz
Rating:
Money Blog: Top Stocks Blog - MSN Money
 With General Motors (GM) trading at approximately $1, it is ever more apparent that a restructuring deal is necessary and imminent. There are currently two parties involved in the negotiations, with the U.S. Government/UAW Retired Workers on one side and individual/institutional investors on the other. The major discrepancy is who will have control of the company in the future and who will get paid off as a result of GM's delinquencies.
Under the current deal set out by the Obama administration, the government would control 50% of the company, 39% would be controlled by the UAW, 10% by the bondholders and the remaining 1% would go to existing shareholders. Current shareholders and bondholders are not exactly ecstatic about this current deal and are working to structure another negotiation outside of bankruptcy court.
If, however. this deal were to stand, American taxpayers would be the majority stakeholder in General Motors, which in the future may be more appropriately referred to as "Government Motors." Ford (F) will more than likely have a difficult time competing against a government-owned GM. With the government taking control, it is likely that it will do whatever it to revive GM, no matter how much money it takes
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