Lockheed Martin (NYSE:LMT) stock closed almost 2% in the red today on insider info that President Joe Biden will order fewer F-35 fighter jets in the upcoming federal budget. According to people familiar with the matter, Biden is expected to order around 70 F-35s from Lockheed for fiscal 2025, down from 83 expected planes. The recent cut in F-35s is predicted to account for a roughly 2% decline in the company’s sales guidance this year.This marks a now-repeated trend of slowing F-35 orders from the United S ...

U.K. based white-collar staff at Ford Motor Co (NYSE: F) has rejected a pay offer and is at the brink of a strike against the automotive giant. Shares of the multinational still opened in the green today.Unite members could strike against FordCopy link to sectionUnite – one of the largest trade unions in the United Kingdom accused the New York listed firm today of refusing to negotiate even though more than 90% of its salaried staff and managers have rejected the offer. Ford Motor, however, says it’s been i ...

DEARBORN, Mich.--(BUSINESS WIRE)--More than ever before, commercial customers want to lower the total cost of ownership, and transform their businesses. Ford Pro is uniquely equipped to help them do that. That’s what Ford Pro CFO Navin Kumar will discuss during a fireside chat on Thursday, Feb. 22, at the Barclays Industrials Conference in Miami. Kumar is scheduled to speak at 8:35 a.m. ET. Ford Pro brings superior value to Ford’s commercial customers – and generates growth – through a winning combination ...

The logo of car manufacturer Ford is pictured in Inwood, New York, on February 5, 2024.LONDON — Ford was warned on Wednesday that more than 3,000 white-collar workers across the U.K. could launch industrial action after union members rejected a pay offer from the U.S. automotive giant.Unite, one of the U.K.'s largest trade unions, said although offers put forward by Ford for salaried staff and managers had been rejected by more than 90% among both sets of workers, the company had so far refused to come to t ...

Auto stocks, particularly EV-based sales, have faced hardships industry-wide. Though EVs are more popular than ever before, profits have slowed compared to the continuous surge experienced in previous years.However, these three stock picks are starting this year with impressive dedication and promise to their efforts in EV production. These companies are rising above the competition by adding needed diversification in many aspects of their internal operations and dedicating more and more to EV production.We ...

Ford Motor Company (F) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +10.7% over the past month versus the Zacks S&P 500 composite's +5.8% change. The Zacks Automotive - Domestic industry, to which Ford Motor Company belongs, has lost 13.2% over this period. Now the key question is: Where could the stock be headed in the near ...

Key PointsThere is a performance gap in apparel and consumer stocks that you could squeeze out today for a few percentage points of upside. Very quickly, you can see how V.F. stock could become the industry favorite with the best turnaround narrative in the group.Analysts see the double-digit upside, and markets accept the growth in EPS projections today; don't fight the market.5 stocks we like better than Abercrombie & FitchToday's stock market is not what you may have gotten used to from 2020 through 2023 ...

EV stocks could be in a prime position to deliver strong gains for investors as the broader indices like the S&P 500 and the Nasdaq take off as part of a bull market. I think that EV stocks can stand to benefit more than companies in other industries — such as tech companies — whose valuations may be stretched too far for the comfort of many investors.Also, these brands have solid growth prospects ahead of them, making them suitable investments in their own right regardless of the cyclical ups and downs of ...

With its popular models like the F-150, Mustang, and Explorer, Ford (F 0.23%) needs no introduction. This business has been around for over a century, and it's one of the world's largest car manufacturers today.But this automotive stock hasn't been the biggest winner for investors. Shares have returned 26% in the past decade, a figure that includes dividends. For comparison's sake, the S&P 500 would've grown your capital by 240%.As we focus our attention on the present situation and what the future might ho ...

The electric vehicle (EV) push is eating into Ford’s profit margins as the company seeks to find the right mix between profitable vehicles consumers want today and the next generation of EVs that may be in higher demand as the market’s preferences shift in the future. Ford Model e, the company’s EV division, had a net loss of $4.7 billion last year – with $1.6 billion of that in the last quarter – and Ford's chief financial officer John Lawler explained during the company’s earnings call on Tuesday that, "B ...