Kirk Kerkorian: 5.5% Of Ford Or Another Shutout?

Some of you may remember that way back on May 9, Kirk Kerkorian, America's favorite nonagenarian billionaire, made a cash purchase offer for 20 million Ford shares at $8.50 apiece. Well, that offer expires today at 5 pm. If Ford accepts the offer, Kerkorian's Tracinda Corp would pay a premium to attain a 5.5% stake in… » 6/09/08 9:20am 6/09/08 9:20am

Ford to Keep Volvo, Excuse to Travel to Sweden

Contrary to popular belief, Ford has decided to nix efforts to sell Volvo. According to Mulally "Volvo's a great brand and we want to focus on continuing to position it as a premium brand." Land Rover and Jaguar are still awaiting the same fate as Aston Martin, but Ford just can't quit Volvo. Though Mulally claims… » 11/09/07 12:15pm 11/09/07 12:15pm