posted
We'll Boo.. I haven't heard Boo from you so I am going to assume you missed the bottom lol I got in at 4.49 (currently at 4.90)... have my stop/loss in place as well so profit is locked in already... anyone know when earnings report comes out? ... someone in the inside knows something lately I think...
-------------------- Let the world change you... And you can change the world.
posted
Nice Mach. I got sidetracked with RDN and ABK. I totally missed! Good luck. I am stuck on fins and fins are stuck on me! lol How bout that last candle on GM?
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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posted
just a minor pull back thanx to Bernie... anyways I was out at 4.80 and looking to get back in... not yet of course... made a profit anyways... best to have a tight stop/loss with this one... when is the earnings damnit? lol
-------------------- Let the world change you... And you can change the world.
posted
For the love of God... doesn't anyone know when Ford's 2nd quarter earnings report comes out? that can be a indicator to us... the closer the date to the report the reaction of the stock as it approaches that date can give us a clue as to what insiders are doing or know...
-------------------- Let the world change you... And you can change the world.
posted
sure would be nice to get out of it today at $5, but it don't look like that's gonna happen. I'm green but should have sold when it went over $5 the other day.
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posted
Jul 11, 2008 (The Dallas Morning News - McClatchy-Tribune Information Services via COMTEX) -- Despite falling new-car sales and one of the most hostile truck markets in decades, Ford Motor Co. has the finances to weather the storm and awaits an infusion of new small and mid-sized cars, chief executive Alan Mulally said Friday. Mr. Mulally, in Dallas briefly on his way back to Dearborn, Mich., is highly optimistic about Ford's future -- though he acknowledged the difficulties Ford faces with plummeting truck sales.
"In some ways, it's back to the future for us," Mr. Mulally said in an interview at Love Field.
"Ford used to have a fully family of vehicles. What's neat is we have many of those vehicles available to us [from Ford of Europe] and they are headed this way."
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posted
Ford: Government owes us for overpaid taxes: Automaker claims millions in interest
Jul 11, 2008 (Detroit Free Press - McClatchy-Tribune Information Services via COMTEX) -- Ford Motor Co. is suing the federal government, saying the Internal Revenue Service owes it nearly half a billion dollars in interest for overpayments on corporate taxes. In a lawsuit filed Thursday in the U.S. District Court for the Eastern District of Michigan, the struggling Dearborn automaker says it is owed $445,292,207 for miscalculations of interest on taxes for the calendar years 1983 to 1989, 1992 and 1994.
That is a significant amount of money for Ford, which has lost a combined $15.3 billion over the past two years and also expects to post significant losses this year because of plummeting sales of profitable trucks.
Through March, Ford had $40.6 billion in cash on hand. However, Ford expects to burn through as much as $14 billion of that through 2009, as it tries to restructure in a difficult market. Consequently, the automaker has been hustling to preserve and raise cash however it can.
Ford spokeswoman Marcey Evans said the federal government has repaid Ford for its overpayment of taxes in the years in question in the lawsuit, as well as some interest. However, the dispute at hand involves a disagreement about how the interest should be calculated and how much interest Ford is actually owed.
"The IRS' calculation of ... overpayment interest is not a simple matter of taking the tax underpayment ... and computing interest on that amount," the lawsuit says.
"Rather, the IRS recomputes the taxpayer's account for the specific tax year by sorting all of the transactions in order of the dates they are deemed to be effective and computing interest on the account balance as it is affected from transaction to transaction."
Evans said that Ford tried to resolve its dispute with the IRS with no success.
"Because of the size of the dispute, we thought we had no choice but to file suit," she said.
Contact SARAH A. WEBSTER at 313-222-5394 or swebster*freepress.com.
To see more of the Detroit Free Press, or to subscribe to
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quote:Originally posted by crockett: sure would be nice to get out of it today at $5, but it don't look like that's gonna happen. I'm green but should have sold when it went over $5 the other day.
Me too, but hey this is my 2nd flip of it. I got in at 4.46 per share and i locked in my profits with a stop/loss for the 2nd time.
-------------------- Let the world change you... And you can change the world.
posted
Ford of Europe Sets Sales Record in First Half of 2008
- Ford of Europe sold a record 1,003,700 vehicles in its 51 markets during the first half of 2008 - Ford Transit commercial vehicle sales hit first-half record of 99,400 vehicles in the Euro 19 markets - June market share in Euro 19 markets was 8.8 percent, up 0.6 percent compared with the same period last year - Ford sales in Germany increased by 16.9 percent in June
COLOGNE, Germany, July 15, 2008 /PRNewswire-FirstCall via COMTEX/ -- Ford of Europe's sales in its main 51 markets rose by almost two percent to a record 1,003,700 vehicles in the first half of this year. "Surpassing the one million mark after only six months of the year is confirmation of how well our products are being received by an increasing number of customers," said Ingvar Sviggum, vice president, Marketing, Sales & Service, Ford of Europe. "We are also very pleased that despite a general softening of the industry and the challenging economic environment we increased our market share to 8.8 percent in the Euro 19 markets.
"With the new Kuga compact crossover currently arriving in European dealerships and the all-new Fiesta going into production next month, we are preparing the groundwork to further improve our market position," he added.
June
The top-selling models in June across the Euro 19 markets were the Focus (33,200 vehicles), Fiesta (30,600 vehicles) and Mondeo (14,300 vehicles). The Kuga continued its strong start with sales of 2,800 vehicles.
The Fiesta was the best-selling imported car in Italy with 6,700 vehicles sold, and Ford was Italy's best-selling imported vehicle brand, achieving a 7.9 percent market share. In France, the Fiesta, S-MAX and C-MAX were the best-selling vehicles in their segments.
Britain was the company's top market in June, with 37,200 vehicles sold for a market-leading share of 15.3 percent.
Sales in Germany increased by 16.9 percent to 23,900 vehicles, while France improved by 9.5 percent to 15,700 vehicles.
Half Year
In the first six months of this year, Ford of Europe sold 823,400 vehicles in the Euro 19 markets. Twelve of those markets posted increases. Britain was the company's top region, selling 235,500 vehicles for a share of 16.2 percent. Among other successes, Germany sold 118,500 vehicles, an increase of 5.8 percent, and France sold 80,900 vehicles, up 13.7 percent. Ford leads the market in Spain this year, with a share of 10.0 percent, up 0.5 percent from 2007.
First-half sales in Russia increased 19.8 percent to 97,300 vehicles. Turkey improved by 3.8 percent, to 38,700 vehicles, while sales in Ford's 30 European Direct Markets soared by 39.4 percent to 44,400 vehicles.
In the first half of the year, Transit sales were up 7,500 to a record 99,400 vehicles sold in the Euro 19 markets.
June and first-half 2008 total sales volume
June 08 June YTD 08 Euro 19(1) 140,300 823,400 changes vs. 07 down 7,300 / (4.9) down 10,800 / (1.3) % % vs. June 07 vs. June YTD 07
Euro 21 (Euro 19 +. 166,800 959,400 Russia and Turkey) down 2,200 / (1.3) up 6,600 / 0.7 % vs. changes vs. 07 % vs. June 07 June YTD 07
EDM 30(2) 8,600 44,400 changes vs. 07 up 3,000 / 52.7 % up 12,500 / 39.4 % vs. vs. June 07 June YTD 07
Total EURO 51 (EURO 175,400 1,003,700 21 + EDM 30) up 800 / 0.4 % vs. up 19,200 /1.9 % vs. changes vs. 07 June 07 June YTD 07
(1) The Euro 19 markets are: Austria, Belgium, Britain, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Sweden and Switzerland. (2) European Direct Markets are: Albania, Algeria, Andorra, Armenia, Azerbaijan, Belarus, Bosnia, Bulgaria, Croatia, Cyprus, Egypt, Georgia, Gibraltar, Kazakhstan, Kyrgyzstan, Libya, Macedonia, Malta, Moldova, Montenegro, Morocco, Romania, Serbia, Slovakia, Slovenia, Tajikistan, Turkmenistan, Tunisia, Ukraine, Uzbekistan.
June and first half 2008 total market share(3)
June 08 June YTD 08 Euro 19(3) 8.8 % 8.7 % changes vs. 07 up 0.6 ppts. vs. +/- 0.0 ppts. vs. June June 07 YTD 07
Euro 21 (incl. 8.4 % 8.5 % Russia and Turkey) up 0.3 ppts. vs. down 0.2 ppts. vs. June changes vs. 07 June 07 YTD 07
(3) Not available for EDM, where we base our share on non-domestic sales volumes.
June sales by vehicle line (Euro 19)(4)
Model June 08 o(u) June 07 June YTD 08 o(u) June YTD 07
posted
DEARBORN, Mich., July 18, 2008 /PRNewswire-FirstCall via COMTEX/ -- Ford Motor Company (NYSE: F) will release its second quarter financial results at 7:00 a.m. EDT, Thursday, July 24. The following briefings will be held after the announcement: At 9:00 a.m. EDT, Alan Mulally, president and chief executive officer, Don Leclair, executive vice president and chief financial officer, and Mark Fields, executive vice president and president, The Americas, will host a call for the investment community and news media to discuss second quarter results and provide more details on changes to Ford's overall plan.
At 11:00 a.m. EDT, Peter Daniel, Ford senior vice president and controller, Neil Schloss, Ford vice president and treasurer, and K.R. Kent, vice chairman and chief financial officer, Ford Motor Credit Company, will host a conference call for fixed income analysts and investors.
The slide presentations (listen-only) and supporting materials will be available on the Internet at www.shareholder.ford.com . Representatives of the investment community and news media will have the opportunity to ask questions by phone following the presentations.
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