Ford Motor Company (NYSE: F) said that it is working with 3M (NYSE: MMM) and General Electric's (NYSE: GE) healthcare unit, as well as the United Auto Workers labor union (UAW), to ramp up production of urgently needed hospital and safety equipment.
By Brett Owens
Nearly every retirement portfolio on the planet is reeling from the coronavirus fallout. Recoveries are going to vary widely, however, depending on the safety of the dividends in each basket.
(RTTNews) - Ford Motor said Tuesday that it is working with 3M and GE Healthcare to increase production of respirators for healthcare workers, ventilators for coronavirus patients.
While COVID-19 spreads globally, hospitals are preparing to handle an ever-growing influx of people infected with the novel coronavirus. Medical resources -- personnel, equipment, and hospital rooms -- have been reallocated for the outbreak. In most cases, non-essential procedur
General Motors (NYSE: GM) is putting its network of suppliers to work as it gears up to help manufacture medical ventilators, urgently needed by hospitals battling the COVID-19 coronavirus pandemic.
In this episode of Market Foolery, Chris Hill and Motley Fool analyst Bill Barker talk about stock valuations they're seeing in the market today. Ford (NYSE: F) stock touched its lowest point since 2009. Amazon.com (NASDAQ: AMZN) and Domino's (NYSE: DPZ) go on a hiring spree
What happened
After manufacturing companies disclosed that discussions are underway to repurpose idled manufacturing capacity to produce ventilators, ResMed Inc. (NYSE: RMD) shares lost 10.3% of their value on Thursday.
What happened
Shares of General Motors (NYSE: GM) were rising on Thursday afternoon after rival Ford Motor Company (NYSE: F) cut its dividend and drew down its credit lines. Investors saw it as a sign of strength that GM didn't quickly follow Ford with a cuts of its own.
Wall Street saw what's become a rare mixed performance on Thursday morning, as different parts of the stock market reacted differently to recent news. The European Central Bank decided overnight to go forward with a monetary stimulus package similar to what the Federal Reserve p
Could Ford (NYSE: F), General Motors (NYSE: GM), and Tesla (NASDAQ: TSLA) become medical device makers? It's possible. Ford and GM are in discussions with the Trump administration about producing ventilators needed for patients with coronavirus disease COVID-19. Tesla CEO Elon M
(RTTNews) - The Big 3 Detroit automakers - Ford Motor, General Motors and Fiat Chrysler Automobiles - have decided to shut down all North American plants for the next two weeks as the coronavirus (COVID-19) outbreak in the US continues to worsen.
What happened
Shares of CarMax (NYSE: KMX), AutoNation (NYSE: AN), and LKQ Corporation (NASDAQ: LKQ) are down 23%, 20%, and 24% respectively, on yet another brutal day in the markets as investors realize potential economic impacts from COVID-19 on the global economy and healthca
What happened
Shares of auto parts supplier BorgWarner (NYSE: BWA) were down sharply in trading on Wednesday afternoon, after several major automakers said that they will temporarily shut down their North America factories because of falling sales and workers' concerns about the
The Detroit automakers have agreed to shut down their U.S. manufacturing facilities due to worker concerns about the spread of the novel coronavirus, the Associated Press (AP) has reported. The move is expected to idle roughly 150,000 workers.
What happened
Shares of the Detroit automakers were sharply lower on Wednesday morning, as investors began to focus on concerns about plummeting auto sales and the growing list of factory shutdowns in Europe and elsewhere.
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