Ford Motor Co
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Consumer Discretionary : Automobiles | Mid Cap Value
Company profile

Ford Motor Company is a global automotive and mobility company. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. The Automotive segment primarily includes the sale of Ford and Lincoln brand vehicles, service parts, and accessories across the world. The Financial Services segment primarily includes its vehicle-related financing and leasing activities at Ford Motor Credit Company LLC. Ford Smart Mobility LLC is a subsidiary formed to design, build, grow, and invest in emerging mobility services. The Central Treasury Operations segment is primarily engaged in decision making for investments, risk management activities, and providing financing for the Automotive segment.

Closing Price
$6.05
Day's Change
0.07 (1.17%)
Bid
--
Ask
--
B/A Size
--
Day's High
6.17
Day's Low
6.00
Volume
(Below Average)
Volume:
67,270,506

10-day average volume:
78,477,635
67,270,506

Amazon to pay $500 million in 'thank you' bonuses to front-line workers

9:50 am ET June 29, 2020 (MarketWatch)
Print

Amazon.com Inc. (AMZN) said Monday it was paying bonuses to all of its employees and delivery partners on the front lines in June during the COVID-19 pandemic, for a total cost of over $500 million. The ecommerce and cloud giant said it will give $500 to each full-time Amazon and Whole Foods Market employee, and delivery service partner driver, and give $250 for part-time employees. The company said it will pay $1,000 to all front-line Amazon and Whole Foods Market leaders, and pay $3,000 to delivery service partner owners. For Amazon Flex drivers, Amazon said it will pay $150 for those who have more than 10 hours in June. "Our front-line operations teams have been on an incredible journey over the last few months, and we want to show our appreciation with a special one-time Thank You bonus totaling over $500 million," said Dave Clark, senior vice president of WW Operations at Amazon. The stock fell 2.1% in morning trading, but has run up 39% over the past three months, while the S&P 500 has climbed 18.2% the past three months.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 29, 2020 09:50 ET (13:50 GMT)

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