Ford suspends dividend, borrows to weather virus downturn

Published: 20/03/2020
Ford suspends dividend, borrows to weather virus downturn
Source: JAMAICA-GLEANER.COM

F ord is suspending its dividend to preserve cash as vehicles sales fade due to the coronavirus outbreak. The company said it’s drawing on two credit lines to put another US$15.4 billion in cash on its balance sheet. Like other companies, Ford...

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