Latest News

The IRS is paying out a new batch of surprise tax refunds — who’s getting them?


Motley Fool

Why Ford Stock Just Popped

Ford Motor Company (NYSE: F) stock ripped higher in Thursday afternoon trading, rising as high as 4.6% by 2:40 p.m. EDT on news of some significant debt-reshuffling in Dearborn. Specifically, Ford announced that will conduct a series of cash tender offers (i.e., debt buybacks) of what it described as its “COVID bonds,” issued to provide a cash cushion through the pandemic last year, as well as various other debt instruments. In total, Ford anticipates spending $5 billion to buy back debentures carrying interest rates ranging from 6.375% to nearly 10%, and with due dates ranging from as early as 2023 to as far out as 2047.

Cathie Wood sells big chunk of her Zillow stock after company exits the home-buying business

Previous article

Tough times for income investors: Even with payouts at a record, dividend yields are measly

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News