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Nasdaq F Ford

Rivian (RIVN) Plans Another Round of Layoffs to Rein in Costs

3 years 8 months ago
Rivian RIVN is laying off 6% of its workforce in a bid to control costs as the electric vehicle (EV) startup is reeling under a cash crunch. This is the second time that the company will be trimming its headcount in less than a year. It should be noted that Rivian had lai
Zacks

US STOCKS-Wall St pares declines after stunning jobs report

3 years 8 months ago
U.S. stock indexes pared declines by afternoon on Friday as a strong jobs report that initially raised fears of the Federal Reserve keeping interest rates higher for longer also pointed to the resilience in the economy in the face of aggressive policy tightening.
Reuters

Ford (F) Q4 Earnings Miss Estimates, Sales Grow 17% Y/Y

3 years 8 months ago
Ford F reported adjusted earnings of 51 cents per share in fourth-quarter 2022, missing the Zacks Consensus Estimate of 60 cents. Lower-than-expected profits from all but International Markets Group unit led to this downslide. The bottom line improved 96.2% from the year-
Zacks

Wall St falls as jobs data fans higher rate fears

3 years 8 months ago
Wall Street's main indexes edged lower on Friday after data showed the economy added jobs at a rapid pace last month, feeding into fears that the Federal Reserve could keep interest rates higher for longer in its fight against inflation.
Reuters

S&P 500 Movers: GEN, CLX

3 years 8 months ago
In early trading on Friday, shares of Clorox topped the list of the day's best performing components of the S&P 500 index, trading up 6.2%. Year to date, Clorox registers a 6.7% gain.
BNK Invest

Ford Stock Going Forward After Big Earnings Flop

3 years 8 months ago
With their shares having rallied as much as 30% since the end of December, Ford Motor Company (NYSE: F) investors would have been looking forward to a strong February and potentially March. Ford shares have been stuck in a pretty defined range since last summer, bouncing off the
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