Ford investment rating cut prompts caution and plan
Moody's cut Ford Motor Co rating to just above junk with a negative outlook citing erosion of global position and the Fitness redesign. Ford emphasizes strong North American profitability and liquidity while outlining potential $11 billion restructuring costs over three to five years and a lengthy path to benefits.
MENTIONED IN THIS ARTICLE
Detroit - Moody’s Investors Service
Ford Motor Co
Moody’s
Detroit Free Press
Ford
Bradley Carroll
Ford Motor Company
North America
Europe
Jim Hackett
Rebecca Lindland
Kelley Blue Book
Fiat Chrysler
General Motors
How to value growing firms
Rapidly growing firms can offer lucrative opportunities as seen with Tesla and Square. Use metrics beyond earnings such as price-to-sales combined with revenue growth. Square shows 14.2 P/S and 60 percent annual revenue growth while Snap trades at 1.5 P/S with 44 percent growth. Matthew Frankel owns SQ shares. The Motley Fool holds SQ and TSLA.
MENTIONED IN THIS ARTICLE
Tesla
Square
Snap
Matthew Frankel
The
Motley Fool
TSLA
Millions race to skies as Labor Day travel surges
Airlines for America estimates 16.5 million passengers will fly on U S carriers during a Labor Day weeklong window from Aug 29 to Sept 4, up 3.5 percent from last year. About 92,000 more seats have been added, with Friday expected to be the busiest day at 2.76 million and Saturday and Sunday the lightest travel days. Chief Economist John Heimlich notes 2018 is shaping up as an exceptionally busy year for air travel with many top days already recorded.
MENTIONED IN THIS ARTICLE
Airlines For America Trade Group
U.S
A4a
Transportation Security Administration
John Heimlich
U.S. Labor Day Travel Boost Seen in Airline Passenger Volumes
Airlines for America projects peak Labor Day travel with 2.76 million passengers on Friday August 31, 2.6 million on Thursday August 30, and 2.58 million on Monday September 3. The slowest days are the Saturday and Sunday before Labor Day. Jeremy Dwyer-Lindgren photo for USA Today.
MENTIONED IN THIS ARTICLE
Airlines For America
Jeremy Dwyer-Lindgren
USA Today
Also Mentioned on This Page
Junk
Phoebe Wall Howard
USA Today Network
America
DOW Jones
Matthew Frankel the
APT
S&p 500
Standard & Poor's
Abiomed
Amazon Amazon
AMZN
Foot Locker
Royal Caribbean Cruises
RCL
Deutsche Bank
Flanes Hanesbrands
HBI
Pg&e
SS Red Hat
Neakness
Garmin Garmin
GRMN
Tinspace Tiffany
TIF
de BorgWarner
BWA
Mexico
Western Digital
WDC
Jhes Kohl
Av Ord
Aed
Aya
Marathon Oil
Barclays
Garam Regeneron Pharmaceuticals
V-Aptiv
APTV
Kroger
Chipotle Mexican Grill
CMG
Fortune Brands Home &Security
FBHS
Johnson Controls International
JCI
At&t (T
Ed Press
SPDRS
Psoc Etf Ir
iShs Emerg Mkts Eem
Spdr Financial XL
Vane Veet
iShares Brazil Ewz
Barc iPath
iShares
Bankrate.com
Frankfurt
Hong Kong
Japan
London
Mexico City
Morningstar
Associated Press
U.S. Airlines
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!