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  1. S&P upgrades Ford debt 2 notches after labor deal

    Ford Corporate News
    S&P upgrades Ford debt 2 notches after labor deal October 21, 2011 Yahoo NEW YORK (AP) -- Ford's credit rating was lifted to within one level of investment grade Friday, making it cheaper for the automaker to borrow, after it secured a new contract with workers. Standard & Poor's Ratings...
  2. Ford Earns $2.4 Billion Net Income in Second Quarter 2011. Reduces Debt Further

    FIN Headline News
    Ford Earns $2.4 Billion Net Income in Second Quarter 2011; Strengthens Foundation for Continued Global Growth+ Download Full Financial Release (PDF) Download Slides (PDF) Second quarter net income was $2.4 billion, or 59 cents per share, a $201 million decrease from second quarter 2010...
  3. Ford to Reduce Debt By an Additional $3 Billion

    Ford Corporate News
    Ford to Reduce Debt By an Additional $3 Billion Through Trust Preferred Securities Redemption Ford Media •Ford Motor Company Capital Trust II will redeem for cash all of its outstanding 6.50% Cumulative Convertible Trust Preferred Securities (NYSE: F PR S) on March 15, 2011, as a result of...
  4. Ford Further Reduces its Debt

    Ford Corporate News
    Ford Further Reduces Its Debt and Strengthens Balance Sheet Through Conversion Offers Ford today announced the results of conversion offers that will reduce the company's outstanding Automotive debt by more than $1.9 billion, lowering its annualized interest costs by about $180 million...
  5. Ford Posts 3rd Quarter Income of $1.7B; Debt Reduced

    Ford Corporate News
    FORD POSTS THIRD QUARTER 2010 NET INCOME OF $1.7 BILLION; ANNOUNCES ADDITIONAL DEBT REDUCTION ACTIONS+ media.ford.com •Ford reports third quarter net income of $1.7 billion, or 43 cents per share, a $690 million improvement from third quarter 2009. Pre-tax operating profit totaled $2.1 billion...
  6. Ford CEO sees zero net debt by 2011: report

    Ford Corporate News
    Ford CEO sees zero net debt by 2011: report Reuters October 2, 2010 MILAN (Reuters) - Ford Motor Co (NYSE:F - News) plans to repay its net debt by the end of next year and return to an investment grade earlier than expected, Allan Mulally, chief executive of the No. 2 U.S. automaker was...
  7. Report: Ford using government-backed loans to pay off debt

    Ford Motor Company Discussion
    Filed under: Ford, Earnings/Financials Ford was the only one of Detroit's three automakers able to avoid taking a direct government bailout in 2009 to bypass bankruptcy. However, that doesn't mean it hasn't been able to benefit from some government largess. Back in 2006 before the credit...
  8. Ford takes action to further strengthen balance sheet by reducing debt by $4 billion

    Ford Corporate News
    DEARBORN, Mich., June 30, 2010 – Ford Motor Company (NYSE: F) today is reducing its debt by more than $4 billion – primarily by retiring debt owed to the UAW Retiree Medical Benefits Trust ahead of schedule. The company said it is taking the action to further strengthen its balance sheet as it...
  9. GM Pays Off Debt to U.S. & Canada Debt

    General Motors Discussion
    GM Pays Off Debt to U.S. & Canada Debt General Motors Co. has repaid the $8.1 billion in loans it got from the U.S. and Canadian governments, a move its CEO says is a sign automaker is on the road to recovery. DETROIT -- General Motors Co. has repaid the $8.1 billion in loans it got from...
  10. Ford plans on reducing debt; Hybrids making money

    Ford Corporate News
    * Ford CEO says 'running a healthy business' * Ford making money on hybrid sales * January sales slightly behind December WASHINGTON, Jan 26 (Reuters) - Ford Motor Co (F.N) will focus strongly in 2010 on reducing heavy long-term debt and narrowing a cash-flow edge held by its bailed-out U.S...
  11. Mulally says Ford will expedite debt payoff

    Ford Corporate News
    Courtesy of Left Lane News Link: http://www.leftlanenews.com/mulally-says-ford-will-expedite-debt-payoff.html Ford’s CEO Alan Mulally said that the automaker intends to pay off its private debt in an expedited fashion as the company’s finances continue to improve moving forward. Ford has...
  12. Ford's debt structuring (Swap plan) in the eyes of the Autoextremist

    Ford Corporate News
    Ford. Slices its debt by almost $10 billion through its own debt structuring initiatives - saving $500 million annually in interest payments - while putting even more pressure on GM and Chrysler to get their respective houses in order. There's beginning to be a clear differentiation between...
  13. AutoBlog: Ford announces it has successfully reduced debt by $9.9 billion

    Ford Corporate News
    Taken from AutoBlog.com: The Ford Motor Company has announced that it has completed more of its financial restructuring initiatives, lessening its debt by some $9.9 billion (from a starting place of $25.8 billion at the end of last year). The company says this move will lower its annual...
  14. Ford - $10B Debt = __?

    Ford Corporate News
    Ford proposes restructuring $10B in debt - DetroitNews Bryce G. Hoffman / The Detroit News Thursday, March 5, 2009 Carmaker seeks to strengthen balance sheet, says it does not need federal loan. ...Nearly $21 billion of Ford's $25.8 billion in outstanding debt is affected by the offerings. The...
  15. Ford Debt Aided By Jag Sale

    European Competition
    Ford debt would likely benefit from Jaguar sale Automotive News | 4:30 pm, June 12, 2007 NEW YORK (Reuters) -- Ford Motor Co.'s debt will likely rally if the company sells its money losing Jaguar luxury car brand, which has been a drag on the automaker's performance. Ford today...
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