Ford Motor Company (NYSE: F) could collapse lower, the analysts see no prospects for today

Ford Motor Company shares have fallen

In brief: Ford Motor Company (NYSE: F) shares falling in price after the terrible news out of China. Analysts predict a further decline in prices today.

Ford Motor Company (NYSE: F) lost his footing at the beginning of the U.S. stock market trading today. Bulls tried to squeeze the bears to the wall, but Ford Motor Company began to fall in price drastically. Ford Motor Co. of 12.81 points, losing just -0.35 points or -2.66%.

Ford shares decline began due to lower sales in China. Ford Motor Co. Net income increased in II quarter on 14,6%, amounting to $ 2,6 billion However, the company remains profitable fifth consecutive quarter. Improving the financial performance of Ford connects with an increase in car sales and rising prices due to release new models, and install additional options. General Motors, the flagship of the American automotive industry, its profit is not published, because the company is not publicly traded. However, given that the concern back in April, the U.S. authorities and Canada’s debt of $ 8.1 billion, we can conclude that the company is also climbing out of a crisis well.

Anrey Torbinski
2010-08-03 16:46, Economics.

News on: , , , , , , , , ,

One comment к “Ford Motor Company (NYSE: F) could collapse lower, the analysts see no prospects for today”

  1. Deadman Says:

    This a total garbage reporting – Anrey learn how to write in English before cover anything else.

Post a comment

E-