Ford Reaches Threshold Of Concessions In UAW Negotiations: Death Cross Emerges On Stock Chart
Portfolio Pulse from Piero Cingari
Ford Motor Company is reportedly struggling with contract negotiations with the United Auto Workers (UAW) union, indicating it may have reached its maximum limit for financial concessions. The company's shares experienced a 2% drop on Thursday, ending a four-day streak of gains. The ongoing contract talks could potentially impede Ford's future growth and innovation strategies.
October 12, 2023 | 8:53 pm
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Ford's ongoing contract negotiations with UAW and the recent drop in its shares could potentially impact the company's future growth and innovation strategies.
The ongoing contract negotiations with UAW indicate that Ford may have reached its maximum limit for financial concessions. This, coupled with the recent 2% drop in its shares, could potentially impede the company's capacity to invest in its business as needed, thus affecting its future growth and innovation strategies.
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