You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.

Latest

Greatest

Lobby

Journals

Options

Help

Reply #14: U.S. stocks set to open higher on Ford's raised outlook [View All]

Printer-friendly format

Email this thread to a friend

Bookmark this thread

This topic is archived.

Home » Discuss » Latest Breaking News

ozymandius

(1000+ posts) Send PM | Profile | Ignore

Fri Sep-17-04 08:31 AM
Response to Original message

14. U.S. stocks set to open higher on Ford's raised outlook

NEW YORK (CBS.MW) -- U.S. stock futures are indicating a higher open Friday after Ford eased investor concerns about the outlook for corporate earnings by raising its third quarter and full-year forecasts.

-cut-

"The market is going to open higher," said Paul Mendelsohn, chief investment strategist at Windham Financial Services. "Ford's news was very positive. It took the market by surprise."

Mendelsohn said Ford's revised outlook and today's options-related expiration activity seem to be putting a floor on the declines seen earlier in the week.

story

Hasn't Ford consistently lost market share in auto sales over the past three quarters?

Printer Friendly | Permalink | | Top

Home » Discuss » Latest Breaking News

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home | Discussion Forums | Journals | Store | Donate

About DU | Contact Us | Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.