- Ford's (F -7.2%) business update could prompt a rotation of investor funds out of the blue oval to General Motors (GM -3.4%), advises Buckingham Research.
- Despite the automaker's many improvements amid a booming U.S. auto sector, it's clear analysts got ahead of themselves with their rosy projections on Ford and will now have to reset.
- There's nothing official from Detroit, but the chatter flowing out of the Ford event is that CEO Mulally will stay on.
- Sector watch: Though GM is down on the day, Japanese automaker are holding up just fine: Toyota (TM) +1.0%, Honda (HMC) +2.6%, and Nissan (NSANY) +2.6% in OTC trading.
From other sites
at CNBC.com (Wed, 12:10PM)
Ford Motor : Frank Aukofer and Henry Ford Recognized at the Washington Automotive Press Association Annual Galaat 4-traders.com (Wed, 2:15AM)
at 4-traders.com (Wed, 12:02AM)
at 4-traders.com (Tue, 7:34PM)
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