Ford (F) Controller Rowley: 'All Aspects' of European Business Will Be Addressed to Maintain Margins
Tweet Send to a FriendGet Alerts F Hot Sheet
Down)
Trade F Now!
Ford (NYSE: F) shares are trading strong Tuesday amid comments from controller Stuart Rowley about Europe.
Rowley said Ford is looking at the strength in its product portfolio to end losses in Europe.
In addition, he noted that losses in the region were "not acceptable" and that Ford would address all aspects of its European business to maintain margins.
Comments were made at a JPMorgan conference this afternoon. Shares of Ford are up 1.6 percent on the session.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Rowley said Ford is looking at the strength in its product portfolio to end losses in Europe.
In addition, he noted that losses in the region were "not acceptable" and that Ford would address all aspects of its European business to maintain margins.
Comments were made at a JPMorgan conference this afternoon. Shares of Ford are up 1.6 percent on the session.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Tesla (TSLA) Rips GM (GM), Chrysler Following Gov't Loan Repayment
- Ford Increases North American Capacity by 200,000 Units and Reduces Summer Shutdown to Meet Surging Demand
- Chrysler Group Earns Fifth Consecutive Gold Medal for Promoting Healthy Employee Lifestyles
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
JPMorgan
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
