Posts Tagged
Chief Financial Officer Bob Shanks
Ford Plunks Down $200 Million Bet on Trump and Awaits Reward
published Jan 26th 2017, 2:30 pm, by Keith Naughton (Bloomberg) — Ford Motor Co. revealed Thursday the price paid for its aggressive push to curry favor with President Donald Trump: $200 million. Within fourth-quarter results that met analyst expectations, Ford took a $200 million charge to cover the cost of
Ford Profit Plunges on Slowing Demand, Spending for Super Duty
published Oct 27th 2016, 6:36 am, by Keith Naughton (Bloomberg) — Ford Motor Co. posted third-quarter profit that fell by more than half, buffeted by a slowing U.S. market and higher spending for its premier pickup truck model. Net income dropped to $957 million from $2.19 billion a year earlier,