Rochester,NY 8/13/2009 12:15:21 AM
Ford Motor Company, F - Ford Expansion Plans could be Threatened by South African Strike
Ford Motor Company
Ford Motor Co. the unit of South African said on Wednesday that a threatened strike could put at risk plans to build a new pickup truck and engine in the country.
Ford Motor Co. Southern Africa said it is in talks with the South African government and others to finalize its investment plans.
http://StockEinstein.com offers free daily stock alerts on companies ready to run. Sign up for our free alerts newsletter.
The company in January 2008 had announced it would invest in a new pickup truck at its Silverton assembly plant and a new diesel engine at its Port Elizabeth plant.
"Any potential strike action would pose a significant risk to this planned expansion," it said in an e-mailed statement.
StockEinstein.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.
This is a free service available only to our subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
During 2009 our alerts have resulted in an average price gain of 80%+.
Disclaimer: Full disclaimer at http://StockEinstein.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.