UAW President Fain Says "We Are Gunning For A Deal And Soon"; Going Forward It Will Be Striking Plants With Little Notice
Portfolio Pulse from Benzinga Newsdesk
UAW President Fain has announced that the union is aiming for a deal soon and will be striking plants with little notice. This could potentially affect companies like Ford (F), General Motors (GM), and Stellantis (STLA).
October 13, 2023 | 2:56 pm
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NEGATIVE IMPACT
Ford could face disruptions due to the announced strikes by UAW, potentially affecting production and revenues.
The announced strikes by UAW could disrupt Ford's production, leading to potential revenue losses. This could negatively impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
General Motors could be impacted by the announced UAW strikes, potentially leading to production disruptions and revenue losses.
The announced strikes by UAW could disrupt GM's production, leading to potential revenue losses. This could negatively impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Stellantis could face production disruptions due to the announced UAW strikes, potentially affecting its revenues.
The announced strikes by UAW could disrupt Stellantis's production, leading to potential revenue losses. This could negatively impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70