Analyst: Ford needs to consider merger after $2B loss
Analyst: Ford needs to consider merger after B loss

Ford Motor Co. and its competitors have warned for weeks that their finances are teetering on the brink of uncertainty as a global pandemic continues to brutalize America and bring manufacturing to a standstill.While the current landscape is grim, coming months promise to be unrelenting.The cold reality for Ford: A reported $2 billion loss in the first three months of 2020.This is Ford’s first quarterly earnings net loss since April 2009 during the Great Recession.The company reported Tuesday that first-quarter earnings before interest and taxes — adjusted EBIT — was negative $632 million, dow…

Read More

HEDGE accordingly