Key Takeaways The S&P 500 added 0.2% on Tuesday, Oct. 29, as tech and communication stocks outperformed ahead of quarterly updates from some big names. Shares of Cadence Design Systems surged after the electronic design automation provider topped estimates, citing strong revenue from its AI portfolio. Stanley Black & Decker shares plunged as soft consumer and automotive demand weighed on the toolmaker's results. Major U.S. equities indexes were mixed on Tuesday. The technology and communication sectors outp ...

Key Takeaways JPMorgan and Bank of America analysts lowered their price targets for Ford after the automaker's thirdquarter results. The company missed Wall Street's earnings estimates partly due to its "persistently high warranty expense, according to JPMorgan. The company's Ford Pro commercial division is a reason for optimism long term, BofA said. Ford (F) shares fell Tuesday, as analysts from JPMorgan and Bank of America cut their price targets after the automaker's underwhelming third-quarter results. ...

Shares of Ford Motor Co F tanked in early trading on Tuesday, after the company reported its third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Bank of Securities analyst John Murphy maintained a Buy rating, while reducing the price target from $20 to $19. RBC Capital Markets analyst Tom Narayan reiterated a Perform rating and price target of $10. Check out other analyst stock ratings. Bank of America Securities: Ford reported adjus ...

Ford stock would look cheap -- if it just stopped losing money on EVs.Ford Motor Company (F -9.06%) stock slid 8.9% through 10:40 a.m. ET Tuesday despite beating on the both top and bottom lines in its earnings report last night.Heading into earnings, analysts forecast the automotive giant would earn $0.47 per share on $41.9 billion. In fact, Ford reported a profit of $0.49 (adjusted for one-time items), and its revenue exceeded expectations as well -- $46.2 billion.Ford stock by the numbersSo that's the go ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and onl ...

Ford Motor Co (NYSE:F) stock is lower Tuesday, after the automobile manufacturer issued full-year guidance that was at the low end of its previous range, amid softening demand, rising inventory, and worries surrounding the viability of cost-cutting measures. Meanwhile, the company's third-quarter results were in line with expectations. At last glance, F was down 9.7% at $10.27 to trade near a floor that saved its early September pullback. The equity is pacing for its worst single-session percentage loss sin ...

Ford (F) reported third-quarter 2024 adjusted earnings per share (EPS) of 49 cents, which came in line with the Zacks Consensus Estimate but increased from 39 cents recorded in the year-ago quarter. The company’s consolidated third-quarter revenues came in at $46.2 billion, up 5.4% year over year. F’s total automotive revenues came in at around $43.07 billion, surpassing the Zacks Consensus Estimate of $41.2 billion and higher than $41.18 billion generated in the year-ago quarter.Stay up-to-date with the qu ...

CJ Biomaterials Hires Leah Ford as New Director of MarketingOctober 29, 2024 9:00 AM EDT | Source: CJ BiomaterialsFord brings nearly two decades of communications experience in biomaterials to the roleWoburn, Massachusetts--(Newsfile Corp. - October 29, 2024) - CJ Biomaterials, Inc, a division of South Korea-based CJ CheilJedang and a primary producer of polyhydroxyalkanoate (PHA) biopolymers, has appointed Leah Ford as Director of Marketing. In Ford's new role, she will lead strategic marketi ...

Ford's stock fell 6% in after-hours trading after lowering its profit forecast to $10 billion for 2024.The guidance stems from high costs and low volumes of Ford Pro and Ford Blue models.Ford aims to compete with Chinese EV makers by reducing costs and innovating designs. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a ...

Key Takeaways Ford shares dropped 6% in extended trading on Monday after the automaker posted third-quarter profit below Wall Street expectations and trimmed its full-year outlook. The stock has consolidated within an ascending triangle, a chart pattern that can signal a move lower if formed within an established downtrend. Investors should watch key support levels on Ford's chart around $9.50, $8.70, and $7.50. A breakout above key resistance at $11.30 could act as a catalyst for a bullish trend reversal. ...