Moody Ups Ford's Credit Ratings citing strong cash flow

1698 Views 1 Reply 2 Participants Last post by falcon lover, Oct 8, 2010

ausrutherford

Discussion Starter · Oct 8, 2010

Ford: Moody’s Ups Credit Rating; Strong Cash Flow Ahead
October 8, 2010
www.blogs.barrens.com

Shares of Ford Motor (F) are up 24 cents, or 1.8%, at $13.56, after Moody’s Investors Service raised the company’s credit rating to Ba2 from B1, and improved Ford’s probability of default from “Ba2″ to “B1,” as well as raising its senior unsecured and preferred stock ratings.

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falcon lover

· #2 · Oct 8, 2010

The finantial shape of Ford Motor is very good and is better and better each month.... I will be no surprised if the shares will be in the 30$ next year... Goods news.
Thanks Mr M

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