Since its launch in September 2012, the 365-horsepower,
twin-turbocharged Ford Explorer Sport is proving it’s capable of far
more than hauling families on their next cross-country adventure with
performance and style.
Ford Financial Fund II, L.P. (“Ford Financial”) and Mechanics Bank (the
“Bank”) today jointly announced that they have entered into an agreement
pursuant to which Ford Financial will conduct a tender offer to acquire
a majority of the outstanding shares of common stock of the Bank.
- Ford Motor Company and Ford Motor Company Fund have joined forces with the "Tom Joyner Morning Show" and "Rickey Smiley Morning Show" for the second year to launch the 2014 HBCU Community Challenge competition
- A total of $100,000 will be awarded in scholarships and grants to recognize students and support unique student-led projects - Students from Historically Black Colleges and Universities are encouraged to submit online proposals centered around the theme of "Building Sustainable Communities" by Nov.
As part of Ford Motor Company’s expanded hunger relief efforts this
year, the company announced the donation of a new truck to The Salvation
Army’s Bed & Bread Club that will help serve 5,000 meals a day to needy
people in Detroit.
Ford Motor Company Fund is joining with the UAW to donate $200,000 to
support arts, music and athletics in Detroit Public Schools, part of
more than $1 million in new scholarships, grants and career outreach
programs that Ford’s philanthropic arm is launching this month to
further its commitment to education.
Ford Motor Company (NYSE: F):
Third quarter pre-tax profit of $1.2 billion, a decrease of $1.4
billion compared with a year ago; after-tax earnings per share of 24
cents, excluding special items; 21 st consecutive profitable
Net income of $835 million, or 21 cents per share, a decrease of $437
million compared with a year ago; net income includes pre-tax special
item charges of $160 million, largely to support European
Wholesale volume and company revenue declined year-over-year by 3
percent and 2 percent, respectively; market share higher in Europe and
record third quarter market share in Asia Pacific; record market share
North America and Asia Pacific profitable
Strong results at Ford Credit — better than a
By Sue Chang, MarketWatch
SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Friday's session are Ford Motor Co., United Parcel Service Inc., and Nasdaq OMX Group Inc.
Ford(F) is projected to report third-quarter earnings of 19 cents a share, according to a consensus survey by FactSet.
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