Ford (F) is upgraded by Moody's one notch to Baa3 with stable outlook. Combining the move with...


Ford (F) is upgraded by Moody's one notch to Baa3 with stable outlook. Combining the move with Fitch's upgrade last month makes the automaker an investment-grade credit again.

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Comments (12)
  • TwistTie
    , contributor
    Comments (2429) | Send Message
     
    Ford is up 1.37% AA.

     

    Yea!

     

    Now I can afford to fill up.
    22 May 2012, 04:27 PM Reply Like
  • Josh Krause
    , contributor
    Comments (1356) | Send Message
     
    That is pretty darn good news. Next earnings report should be very interesting.
    22 May 2012, 04:33 PM Reply Like
  • pete123
    , contributor
    Comments (877) | Send Message
     
    sweet!
    22 May 2012, 05:36 PM Reply Like
  • mitchjl
    , contributor
    Comments (288) | Send Message
     
    We sure need something to move this under valued stock.Still holding for $20.00
    22 May 2012, 06:17 PM Reply Like
  • ibrahimadiallo
    , contributor
    Comments (29) | Send Message
     
    It is a greag new for all the investors who believed in Allan and his team. NOw i wonder how this will affect the share price with all these clowns in Europe.
    22 May 2012, 06:55 PM Reply Like
  • frogola
    , contributor
    Comments (104) | Send Message
     
    the future does look bright.i want a c-max :)
    22 May 2012, 11:27 PM Reply Like
  • brachiosaurus
    , contributor
    Comments (226) | Send Message
     
    It should have been upgraded long ago.
    23 May 2012, 12:50 AM Reply Like
  • Tdot
    , contributor
    Comments (8660) | Send Message
     
    Ford has been waiting for this - with a second investment grade rating, Ford wins back all collateral that was put in hock in 2006 with the $23.5B "home improvement loan" that was taken out.

     

    It is more of a psychological thing, but about like clearing the liens on the car title. Or sort of like a "mortgage burning" party. Once Moody's steps onboard with an investment grade, Ford Motor and Ford Credit can get serious about negotiating refinancing of remaining obligations to cut finance costs, and start to reap the higher profits in the finance exchanges.

     

    http://bit.ly/LCeNfO
    23 May 2012, 05:41 AM Reply Like
  • Tdot
    , contributor
    Comments (8660) | Send Message
     
    Woops - meant to say "Once S&P steps onboard..." Moody's and Fitch have already set sail with Ford.

     

    And yes, I know this opens it up to snide snipes involving the Titanic.
    23 May 2012, 11:42 AM Reply Like
  • pete123
    , contributor
    Comments (877) | Send Message
     
    for your enjoyment:
    http://bit.ly/JoGbwa
    23 May 2012, 06:23 PM Reply Like
  • doc1947
    , contributor
    Comments (3) | Send Message
     
    Well looks like my new car is A GM ..... NOT !!!!
    23 May 2012, 12:55 PM Reply Like
  • doc1947
    , contributor
    Comments (3) | Send Message
     
    Well now is the time time to add to my position.... worried there for a while.... Do I see a $ 18-20 stock share in the near future ??
    23 May 2012, 01:52 PM Reply Like
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