Total vehicle sales of the company fell 4.1% year-over-year in the second quarter to 338,031 units, dragging revenue by 6% to $6.59 billion.
Stocktwits·6d ago
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Ford Recalls Over 115,000 F-Series Trucks Due To Loss Of Steering Control Concerns
According to NHTSA, the steering column’s upper shaft may detach from the column, resulting in a loss of steering control and an increased risk of a crash.
Stocktwits·7d ago
US Regulator Closes Probe Into Ford Bronco Vehicles – Here’s What Happened
The NHTSA’s Office of Defects Investigation (ODI) opened the probe in July 2024 to investigate complaints of low-pressure fuel pump failures in Bronco vehicles.
Stocktwits·8d ago
Boeing Proposes Remedies As It Seeks EU Green Light For Spirit AeroSystems Deal: Report
According to a Reuters report, citing an update on the European Commission's website, the EU competition regulator has extended the deadline for its decision on the deal to October 14.
Stocktwits·8d ago
Kenvue Shares Drop Ahead Of Trump’s ‘Biggest Announcement’ On Autism: Reports Say Administration To Link Tylenol With Risk Of Disease
The Wall Street Journal reported on Monday, citing four people familiar with the matter, that federal health officials are expected to raise concerns about pregnant women using acetaminophen, the active ingredient in Tylenol.
Stocktwits·9d ago
Ford Recalls Over 100,000 Taurus Vehicles In US Over Concerns Of Detaching Door Trims
The driver and front passenger B-Pillar door trim may detach while driving, creating a road hazard and increasing the risk of a crash, the regulator said.
Stocktwits·12d ago
Darden Restaurants Sees Slew Of Price Target Cuts As Rising Costs Cloud Profit Outlook
Wells Fargo lowered the firm's price target on Darden to $200 from $225, noting that Darden’s comparable sales were good, but the weak flow-through is a pinch point due to rising beef costs and value investments.
Stocktwits·12d ago
Google Brings Gemini To Chrome For Users In The US
Google announced that Gemini in Chrome will be made available to businesses in the coming weeks via Google Workspace, offering enterprise-grade data protections and controls.
The company now expects annual sales growth to be between 7.5% and 8.5%, compared with the previous forecast of 7% to 8% increase.
Stocktwits·13d ago
FTC Sues Ticketmaster, Live Nation Over ‘Illegal’ Ticket Resale Tactics: Report
According to a CNBC report, a lawsuit was filed in California’s federal court, and seven states joined the complaint, including Florida, Illinois, and Virginia.