Ford Suspends Dividend, Draws-Down $15bn Credit Line Fully, Withdraws Guidance

Mar 19th 2020 9:15am EDT

Ford Suspends Dividend, Draws-Down $15bn Credit Line Fully, Withdraws Guidance A day after the Big 3 shutdown factories amid the virus lockdown, Ford is out with a kitchen sink 8K as it braces to ride out the worsening economic situation in the US (and worldwide): $15.4 billion of additional cash on balance sheet, drawing from […]

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