Ford Motor Co
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Consumer Discretionary : Automobiles | Large 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.

Price
Delayed
$8.01
Day's Change
0.31 (4.03%)
Bid
--
Ask
--
B/A Size
--
Day's High
8.24
Day's Low
7.94
Volume
(Heavy Day)

Today's volume of 76,479,501 shares is on pace to be much greater than F's 10-day average volume of 59,671,555 shares.

76,479,501

Streaming service Quibi is exploring possible sale: report

2:02 pm ET September 21, 2020 (MarketWatch)
Print

Streaming service Quibi Inc., the mobile-platform network founded by Jeffrey Katzenberg and headed by ex-Hewlett Packard Enterprise Co. (HPE) Chief Executive Meg Whitman, is exploring strategic options including a possible sale, according to a Wall Street Journal report on Monday. Quibi immediately declined on the report. Despite raising more than $1.4 billion and pouring millions into TV advertising, the Hollywood-based venture has struggled to gain a wide audience amid fierce competition from Walt Disney Co. (DIS), Apple Inc. (AAPL), Netflix Inc. (NFLX), and Amazon.com Inc. (AMZN), among others. "Quibi has successfully launched a new business and pioneered a new form of storytelling and state-of-the-art platform. Meg and Jeffrey are committed to continuing to build the business in the way that gives the greatest experience for customers, greatest value for shareholders and greatest opportunity for employees. We do not comment on rumor or speculation," a company spokesperson said.

-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 21, 2020 14:02 ET (18:02 GMT)

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