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Ford Jumps Back Into Black
Excerpt from the InvestorGuide.com Stock of the Day on 11/2/2009

This recession has brought the worst and the best out of some companies. Some companies have revealed cracks in their foundation while others have shown strong and well established businesses. At one time, Ford Motor Company was teetering between the two. The automaker had a number of issues and sales were declining at a rapid pace, but it still didn't take a bailout from the government. It seems like the dynamic at the company shifted in the right direction during the early part of 2009 and it has finally started benefiting from this shift. Ford Motor Co. surprised Wall Street on Monday and posted a third-quarter profit of $997 million and said it had its first profitable quarter in North America in more than four years. How was the automaker able to make a turnaround so quickly? Will future quarters be as successful?

Ford Motor Co. has come a long way from the nearly $30 billion in losses it racked up between 2006 and 2008. The company received kudos from the government and taxpayers for avoiding bankruptcy without an infusion of cash from Uncle Sam. Ford's North America division has been the driving force behind years of declines, but even this section improved during the quarter. The company reported a pre-tax operating profit of $357 million in North America, compared with a loss of $2.6 billion in the region a year ago. With unemployment at record levels and consumer spending declining, people are still wondering how the company was able to deliver these results. The company may have been able to avoid bailout funds, but the government's intervention in the auto industry did bring the company back to profitability. The widely-praised and criticized Cash for Clunkers program was the main factor that helped the automaker beat analysts' expectations. During the incentive program, Ford was one of the automakers that saw an increase in demand, so much so that it had to add shifts back at some of its factories to keep up. Even without the program, the company made gains on many of its rivals during the quarter. A strong customer response to its new cars and trucks, cost reductions and improved results at its financing and lending arm, Ford Motor Credit Co., also contributed to its success in the third quarter. More >


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Ford Driving in a New Direction
Excerpt from the InvestorGuide.com Stock of the Day on 9/23/2009

Bigger does not always mean better, just ask Ford Motors. Ford has unveiled its new, made-in-India small car today, which will hit the market during the first quarter of next year. The car manufacturer icon is hoping to capitalize on India's rapidly growing car market. Ford managed to escape the earlier financial meltdown without any of the U.S. government's bailout funding. However, the U.S. car manufacturer also realizes that its market share has been very low recently, and it is working hard to improve it. Ford currently controls 15% of the North American market, 10% of the European market, and only 2% of the Asian market. Ford Motors has identified the Asian market as the key to its future success. How will Ford's new small car improve its industry positioning overseas? More >

Ford Taking Lessons from Hyundai
Excerpt from the InvestorGuide.com Stock of the Day on 3/31/2009

In an effort to combat declining auto sales, Ford Motor Company rolled out a new incentive program that would cover a year's worth of car payments for customers who lose their jobs. The South Korean automaker, Hyundai, has offered similar protections for purchasers who lose their jobs. The incentive was successful in boosting sales for Hyundai, so should Ford expect similar results? More >

Ford: Last Surviving US Car Manufacturer?
Excerpt from the InvestorGuide.com Stock of the Day on 12/18/2008

These past couple of weeks, General Motors (GM: Charts, News, Offers), Chrysler and Ford have been dominating the news headlines as developments on Capitol Hill continue to keep these companies' fates on the line. From having Congress showing their reluctance to bail out the auto industry to the most current news that Chrysler will be closing down for one month, the future of these car manufacturers is highly unclear. The White House is searching for an alternative to see if it is viably possible to bail out the car manufacturers or if it is financially prudent to do so. So the question is this: if no bailout money is provided to the car manufacturers, will Ford be the only large US car manufacturer to survive? More >

Ford Accelerates to Post an Unexpected Profit   4/24/2008

Ford Puts the Brakes on Losses   1/24/2008

Ford could be UAW's toughest bargaining challenge   10/12/2007

Life at Ford Becoming Less and Less Upscale   6/13/2007

Ford Seeks Billions in Debt to Fund Restructuring   11/27/2006

Ford Closes Plants and Cuts Production by 21%   8/18/2006

Ford Motor Company (F) Upgrades

Date
Analyst
Old Rating
New Rating
08/03/2009
Buckingham Research
Neutral
Accumulate
04/22/2009
Goldman Sachs
Neutral
Buy
09/16/2008
Merrill Lynch
Underperform
Neutral
04/28/2008
Citi
Sell
Hold
04/21/2008
Soleil Securities Group
Sell
Buy
03/18/2008
Buckingham Research
Underperform
Neutral

Ford Motor Company (F) Downgrades

Date
Analyst
Old Rating
New Rating
05/23/2008
Calyon Securities
Add
Neutral
04/25/2008
Buckingham Research
Neutral
Underperform
04/23/2008
Deutsche Bank
Buy
Hold
03/03/2008
Citi
Hold
Sell
02/06/2008
Bear Stearns
Outperform
Peer Perform
02/13/2007
Merrill Lynch
Neutral
Sell

Ford Motor Company (F) New Coverage

Date
Analyst
Rating
11/09/2009
Standpoint Research
Buy
10/30/2009
Craig-Hallum
Buy
10/30/2009
Craig-Hallum
Buy
03/20/2009
UBS
Buy
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