Ford 'B' Rating Stays On Watch Pos After Report Of Lower 3Q Loss; Rating Likely To Be Affirmed - S&P Global Ratings’ Credit Research

Ford 'B' Rating Stays On Watch Pos After Report Of Lower 3Q Loss; Rating Likely To Be Affirmed

Ford 'B' Rating Stays On Watch Pos After Report Of Lower 3Q Loss; Rating Likely To Be Affirmed - S&P Global Ratings’ Credit Research
Ford 'B' Rating Stays On Watch Pos After Report Of Lower 3Q Loss; Rating Likely To Be Affirmed
Published Nov 09, 2007
791 words — Published Nov 09, 2007
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (Standard&Poor's) Nov. 9, 2007--Standard&Poor's Ratings Services today said its 'B' long-term corporate credit rating on Ford Motor Co. and Ford Motor Credit Co. remains on CreditWatch with positive implications following Ford's report of a narrower third-quarter loss compared to that of a year ago. We currently expect to resolve the CreditWatch around mid-November. The most likely outcome is an affirmation of the 'B' rating, with an outlook to be determined. The ratings were placed on CreditWatch Sept. 26, 2007, based on our belief that Ford would achieve a deal similar to the tentative new labor contract General Motors Corp. (GM; B/Stable/B-3) reached with its main labor union, the United Auto Workers (UAW), which addresses

  
Brief Excerpt:

RESEARCH Ford 'B' Rating Stays On Watch Pos After Report Of Lower 3Q Loss; Rating Likely To Be Affirmed Publication date: 09-Nov-2007 Primary Credit Analyst: Robert Schulz, CFA, New York (1) 212-438-7808; robert_schulz@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
F
Issuer
Ford Motor Co.
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers , Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ford 'B' Rating Stays On Watch Pos After Report Of Lower 3Q Loss; Rating Likely To Be Affirmed" Nov 09, 2007. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ford-B-Rating-Stays-On-Watch-Pos-After-Report-Of-Lower-3Q-Loss-Rating-Likely-To-Be-Affirmed-612363>
  
APA:
S&P Global Ratings’ Credit Research. (). Ford 'B' Rating Stays On Watch Pos After Report Of Lower 3Q Loss; Rating Likely To Be Affirmed Nov 09, 2007. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ford-B-Rating-Stays-On-Watch-Pos-After-Report-Of-Lower-3Q-Loss-Rating-Likely-To-Be-Affirmed-612363>
  
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