S&P Revises Ford Outlook to Stable From Negative
S&P Global Ratings revised its outlook on Ford and its finance arm to stable from negative, citing cost control, solid profits and the automaker’s latest quarterly results and raised full-year forecast.
S&P Global Ratings on Tuesday revised the outlook on Ford Motor Co. (F) and its finance arm to stable from negative, while expressing confidence that the automaker can control costs and maintain solid profits, as shown in its latest quarterly results and raised full-year forecast.The firm noted tha…