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Ford stock is expected to publish its Q3 2024 results in the coming weeks, reporting on a quarter that saw the company's delivery growth slow considerably in the U.S. We expect Ford to report revenue of about $41.7 billion, marking a modest increase of about 1% compared to last year, while earnings are likely to come in at about $0.51 per share, slightly ahead of consensus estimates and up about 40% compared to last year. Now, Ford stock has underperformed this year, falling by about 7% year-to-date, compared to fellow U.S. auto giant GM which has gained close to 35% over the same period.
TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- On Thursday, October 17 at 9:15 a.m., the Ontario Health Coalition will hold a media availability on the court challenge to the Ford government's decision to grant an 88-bed expansion and new 30-year license to Orchard Villa, a for-profit long-term care home owned by Southbridge with reprehensible records. The daughter of a deceased resident and the Coalition are seeking a judicial review of the Ford government's decision. A panel of judges at the Ontario Divisional court will hear the court challenge on Thursday. The Coalition and the families are asking the court to quash the license.
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TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- On Thursday, a panel of judges at the Ontario Divisional court will hear a court challenge brought by the daughter of a deceased resident and the Ontario Health Coalition seeking a judicial review of the Ford government's decision to grant an 88-bed expansion and new 30-year license for the 233-bed long-term care home owned by Southbridge at Orchard Villa in Pickering. The Coalition and the families are asking the court to quash the license.
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company and Ford Motor Credit Company will release third-quarter 2024 financial results at 4:05 p.m. ET on Monday, Oct. 28. At 5:00 p.m. ET the same day, Jim Farley, president and chief executive officer; John Lawler, vice chair and chief financial officer; and other members of the Ford senior management team will host a conference call to discuss the results and the company's progress in delivering its ambitious Ford+ plan for growth and value creat.
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South Korea's LG Energy Solution said on Tuesday that it has signed two contracts to supply electric vehicle batteries to the Ford Motor company in Europe, without disclosing the value of the deals.
The National Highway Traffic Safety Administration said on Monday that it has opened a preliminary evaluation into 35,950 Ford Flex vehicles in the United States over a potential rear-camera failure.
BRAMPTON, Ontario--(BUSINESS WIRE)--Last year, Doug Ford bowed to pressure from residents, unions and community groups in Brampton, Mississauga and Caledon, who collectively forced him to backtrack on his decision to dissolve the Region of Peel. But he left his appointed transition board in place, who are working in secret to change the way that public services are delivered in Peel; possible changes include the privatization of water and wastewater treatment, regional road maintenance, and was.