By Brian Gilmartin:While all eyes will be on Apple's (AAPL)Tuesday evening earnings report, we'll be looking forward to an old consumer discretionary/industrial report on Wednesday morning, when Ford Motor (F) reports its second quarter, 2012 financial results before the bell.
TEHRAN, Iran — For the first time in more than a decade, the black market pharmaceutical peddlers are back on Nasser Khosrow Street near Tehran’s main bazaar.
“Medicine, medicine,” the street dealers shout. “Any kind you want.”
Business is brisk. For many Iranians, such underground channels are now the only way to get needed — or even life-saving — drugs as Western sanctions over the country’s nuclear program have indirectly limited normal supplies to hospitals and pharmacies.
Losses on overseas operations and a higher tax burden took a toll on Ford Motor Company in the first quarter, the US auto giant reported on Friday.Ford posted a sharp 46 percent fall in net income from the year-earlier quarter to $1.4 billion despite surging US sales.The company said higher tax expenses were to blame for much of the fall, but also lower sales volumes in Europe and earnings downturns in other regions.Earnings per share were 35 cents, down from 61 cents a year earlier.
By Stock Croc:In this article, I will discuss Ford (F) and the reasons why I like this stock at current price levels. First, Ford's valuation is attractive and the company continues to focus on improving profitability and sales. Second, Ford has an updated portfolio of products and is better positioned than GM to benefit from an upside in demand specifically in the compact, hybrid/electric, and truck categories.
By Benzinga: By Katey StapletonAutomotive companies Ford (F) and Toyota (TM) are pulling workers and halting production on cars overseas. Ford is exploring the idea of layoffs and buyouts in troubled Europe, while Toyota is temporarily ending production in China throughout the next month or so.
By John Mylant: Ford (F) has an interesting twist as an American automaker. Within the last year or so (looking back 12 months or more) a stagnant U.S. sales market pushed increased sales to Europe and China. In Europe, Ford developed highly acclaimed vehicles well known for quality.