NEW YORK – Fitch Ratings Monday cut its ratings on Ford Motor Co. (F) to junk status, the third of the three major rating agencies to strip the second-largest U.S. automaker of its investment-grade ...
(CNN)-- Moody's downgraded Ford's credit to junk Monday evening. It said the automaker faces considerable business challenges, and its poor financial performance badly positions Ford to take on its ...
(Bloomberg Opinion) -- The downgrade of Ford Motor Co.’s debt to junk by Moody’s Investors Service on Monday will most likely spark a fresh wave of soul-searching among investors about the risk of ...
That’s just what happened. As Ford’s second-quarter earnings report made clear, in June it had almost $91 billion in long-term Ford Credit loans meant to help buyers pay for Ford cars. $50.5 billion ...
Moody's downgraded Ford to junk, but S&P and Fitch retain investment grade ratings on the company. True leverage for the company is not a net cash position, but rather at least 3x after certain ...