FORD DEADLINE TOMORROW: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Ford Motor Company Investors with Losses in Excess of $100K to Secure Counsel Before Important October 7 Deadline in Securities Class Action – F
- NEW YORK, Oct. 06, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ford Motor Company (NYSE: F) between April 27, 2022 and July 24, 2024, both dates inclusive (the “Class Period”), of the important October 7, 2024 lead plaintiff deadline.
- 10/06/2024
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FORD IMPORTANT DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Ford Motor Company Investors to Secure Counsel Before Important October 7 Deadline in Securities Class Action – F
- NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ford Motor Company (NYSE: F) between April 27, 2022 and July 24, 2024, both dates inclusive (the “Class Period”), of the important October 7, 2024 lead plaintiff deadline.
- 10/03/2024
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FORD INVESTOR ALERT: A Class Action Lawsuit was Filed Against Ford Motor Company – Investors that Suffered Losses are Encouraged to Contact BFA Law before October 7 Deadline
- NEW YORK, NY / ACCESSWIRE / September 30, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/30/2024
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FORD FRAUD UPDATE: Ford Motor Company Investors are Encouraged to Contact BFA Law before the Expiration of the October 7 Legal Deadline in Securities Fraud Case
- NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/27/2024
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FORD STOCK NOTICE: A Class Action has been Initiated Against Ford Motor Company for Securities Fraud - Contact BFA Law before October 7 Deadline if You Lost Money
- NEW YORK, NY / ACCESSWIRE / September 19, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/19/2024
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FORD INVESTOR ALERT: Ford Motor Company Investors are Notified to Contact BFA Law before October 7 Deadline in Class Action Lawsuit
- NEW YORK, NY / ACCESSWIRE / September 18, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/18/2024
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FORD CLASS ACTION NEWS: Ford Motor Company Investors have Until October 7 before Expiration of Deadline in Securities Fraud Action; Contact BFA Law if You Lost Money
- NEW YORK, NY / ACCESSWIRE / September 17, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/17/2024
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FORD FRAUD DEADLINE: Ford Motor Company has been Sued for Securities Fraud; Investors with Losses are Urged to Contact BFA Law Before October 7 Court Deadline
- NEW YORK, NY / ACCESSWIRE / September 16, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/16/2024
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FORD STOCK ALERT: A Class Action is Pending Against Ford Motor Company for Securities Fraud; Contact BFA Law before October 7 Court Deadline if You Lost Money
- NEW YORK, NY / ACCESSWIRE / September 13, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/13/2024
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FORD INVESTOR NOTICE: If You Invested in Ford Motor Company, Contact BFA Law Before Imminent October 7 Deadline in Securities Fraud Class Action Case
- NEW YORK, NY / ACCESSWIRE / September 12, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/12/2024
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FORD INVESTOR ALERT: If You Suffered Losses on Your Ford Motor Company Investment, Contact BFA Law Before Upcoming October 7 Class Action Deadline
- NEW YORK, NY / ACCESSWIRE / September 11, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/11/2024
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FORD DEADLINE NOTICE: Lose Money in Your Ford Motor Company Investment? Contact BFA Law before October 7 Deadline in Securities Fraud Class Action
- NEW YORK, NY / ACCESSWIRE / September 10, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/10/2024
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FORD FRAUD NOTICE: Ford Motor Company Investors are Notified to Contact BFA Law Before the Approaching October 7 Deadline in the Securities Fraud Class Action
- NEW YORK, NY / ACCESSWIRE / September 8, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/08/2024
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FORD LEGAL ALERT: Lose Money on Your Ford Motor Company Investment? Contact BFA Law about the Pending Class Action before the October Court Deadline
- NEW YORK, NY / ACCESSWIRE / September 4, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/04/2024
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FORD STOCK ALERT: BFA Law Alerts Ford Motor Company Investors that the Company is being Sued for Securities Fraud – Contact the Firm if you Lost Money on Your Investment
- NEW YORK, NY / ACCESSWIRE / September 2, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 09/02/2024
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FORD LAWSUIT NOTICE: Ford Motor Company Investors that Lost Money on their Investment are Encouraged to Contact BFA Law by October 7 about Pending Lawsuit
- NEW YORK, NY / ACCESSWIRE / August 31, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 08/31/2024
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FORD LEGAL NEWS: Why is Ford Motor Company being Sued for Securities Fraud? Contact BFA Law if you Suffered Losses on your Investment
- NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 08/29/2024
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FORD LEGAL NOTICE: Lose Money on Your Ford Motor Company Investment? Contact BFA Law about the Securities Fraud Class Action Lawsuit before the Impending Deadline
- NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company.
- 08/28/2024
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Intelligent Product Solutions Announces that Brad Carlson Joins as VP of Technology and Business Development
- HAUPPAUGE, N.Y., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), a Forward Industries (NASDAQ: FORD) company, announced today that Brad Carlson joined the company as Vice President of Technology and Business Development.
- 08/20/2024
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FORD ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Ford Motor Company and Encourages Investors to Contact the Firm
- NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Ford Motor Company (“Ford” or the “Company”) (NYSE: F) in the United States District Court for the Eastern District of Michigan on behalf of all persons and entities who purchased or otherwise acquired Ford securities between April 27, 2022 and July 24, 2024, both dates inclusive (the “Class Period”). Investors have until October 7, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
- 08/12/2024
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FORD ALERT: Bragar Eagel & Squire, P.C. is Investigating Ford Motor Company on Behalf of Ford Stockholders and Encourages Investors to Contact the Firm
- NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Ford Motor Company (“Ford” or the “Company”) (NYSE: F) on behalf of Ford stockholders. Our investigation concerns whether Ford has violated the federal securities laws and/or engaged in other unlawful business practices.
- 07/27/2024
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PENSKE AUTOMOTIVE GROUP ACQUIRES BILL BROWN FORD
- Expands North America Retail Operations Presence in the Midwest Expected to Add $550 Million in Estimated Annualized Revenue BLOOMFIELD HILLS, Mich. , July 16, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, announced today the acquisition of Bill Brown Ford in southeastern Michigan.
- 07/16/2024
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Forward Announces 1-For-10 Reverse Stock Split Effective June 18, 2024
- HAUPPAUGE, N.Y., June 14, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FORD) (“Forward” or the “Company”), a global design, sourcing, and distribution company serving top tier medical and technology customers, announced today that it will effect a 1-for-10 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.01 per share (“Common Stock”), that will become effective on June 18, 2024, at 12:01 a.m., Eastern Time. Forward's Common Stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the existing symbol “FORD” and will begin trading on a split-adjusted basis when the market opens on June 18, 2024. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 349862 409.
- 06/14/2024
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Intelligent Product Solutions Launches Advanced Concept Studio (ACS) Division Focused on Industrial and UX/UI Design Services
- HAUPPAUGE, N.Y., June 12, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), a Forward Industries (FORD) company, today announced the launch of its Advanced Concept Studio division, leveraging its expert Industrial Design and UI/UX team and growing capabilities.
- 06/12/2024
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Forward Reports Fiscal 2024 Second Quarter Results
- HAUPPAUGE, N.Y., May 10, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its second quarter ended March 31, 2024.
- 05/10/2024
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Forward Reports Fiscal 2024 First Quarter Results
- HAUPPAUGE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its first quarter ended December 31, 2023.
- 02/14/2024
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Intelligent Product Solutions Names Jan Niewiadomski to CTO
- HAUPPAUGE, N.Y., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), an award-winning global product design firm, today announced that Jan Niewiadomski was named Chief Technology Officer.
- 01/30/2024
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Forward Reports Preliminary Fiscal 2023 Results: Record Revenues for Design Division Drive Profitability From Continuing Operations
- HAUPPAUGE, N.Y., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced preliminary financial results for the fiscal year ended September 30, 2023.
- 12/20/2023
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Intelligent Product Solutions, a Forward Industries Company, Receives Red Dot 2023 Award for Innovative Design with Verizon
- - Red Dot Design Award recognizes IPS's high design quality for Verizon Receiver hardware product - HAUPPAUGE, N.Y., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), the product design division of Forward Industries (NASDAQ: FORD), today announced it received a prestigious Red Dot design award for its work on the Verizon Receiver.
- 09/07/2023
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Forward Reports Fiscal 2023 Third Quarter Results
- HAUPPAUGE, N.Y., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its third quarter ended June 30, 2023.
- 08/14/2023
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CHESAPEAKE ENERGY CORPORATION ANNOUNCES SALE OF FINAL EAGLE FORD PACKAGE FOR $700 MILLION
- Total Proceeds from Eagle Ford Exit to Top $3.5 billion OKLAHOMA CITY, Aug. 14, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. (NYSE:SBOW) for $700 million, bringing the total proceeds from its Eagle Ford exit to more than $3.5 billion. "We are pleased to have successfully completed the exit of our Eagle Ford asset, allowing us to focus our capital and team on the premium rock, returns and runway of our Marcellus and Haynesville positions," said Chesapeake President and Chief Executive Officer Nick Dell'Osso.
- 08/14/2023
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The TOM FORD Brand Announces Executive Leadership Team
- NEW YORK--(BUSINESS WIRE)--The TOM FORD brand, now owned by The Estée Lauder Companies Inc. (NYSE:EL), announced the appointments of Guillaume Jesel to President and CEO, TOM FORD, and Peter Hawkings to Creative Director, TOM FORD, effective at the closing of the acquisition. Ermenegildo Zegna N.V. (NYSE: ZGN) (“Zegna Group”) has appointed a CEO of TOM FORD FASHION who is expected to be announced in July and assume the role in the third quarter of calendar 2023. These leaders will work together.
- 04/28/2023
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7 Meme Stocks You Should Keep a Close Eye on for Real Potential
- Although meme stocks usually generate skepticism from the mainstream, these investment ideas just might be on the right track. The post 7 Meme Stocks You Should Keep a Close Eye on for Real Potential appeared first on InvestorPlace.
- 09/07/2021
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Forward Reports Fiscal 2021 Third Quarter Results
- Revenues of $10.0 million and operating income of $0.3 million for the quarter Revenues of $10.0 million and operating income of $0.3 million for the quarter
- 08/12/2021
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Intelligent Product Solutions Launches IT Services Division Serving the Metro New York City Region
- —New Intelligent CloudCare division provides IT services for small and medium businesses—
- 06/23/2021
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Forward Announces U.S. Distribution Agreement With Chipolo, a Device Tracking Company
- Chipolo products locate misplaced and lost keys, backpacks and other items using a smartphone and App including Apple's Find My network Chipolo products locate misplaced and lost keys, backpacks and other items using a smartphone and App including Apple's Find My network
- 06/15/2021
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Forward Reports Fiscal 2021 Second Quarter Results
- Revenues of $8.4 million and operating loss of $0.8 million for the quarter Revenues of $8.4 million and operating loss of $0.8 million for the quarter
- 05/14/2021
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Vehicle Data Shows 'Revving' Economy
- Banks increased vehicle lending during the pandemic. Vehicle sales are within 10% of pre-pandemic levels.
- 04/01/2021
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Forward Reports Fiscal 2021 First Quarter Results
- Revenues of $9.7 million and operating loss of $0.2 million for the quarter Revenues of $9.7 million and operating loss of $0.2 million for the quarter
- 02/12/2021
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Intelligent Product Solutions Joins with Kablooe to Launch End-to-End Medical Device Design & Engineering Service
- HAUPPAUGE, N.Y. and MINNEAPOLIS, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS) and Kablooe Design, today announced the launch of a complete medical device design and engineering service, leveraging the expertise of these two award-winning product design firms. IPS and Kablooe, subsidiaries of Forward Industries (NASDAQ: FORD), have complementary services that help medical device companies successfully design, develop and launch new products.
- 02/02/2021
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Forward Industries, Inc. - FORD
- New York, New York--(Newsfile Corp. - January 19, 2021) - Levi & Korsinsky announces it has commenced an investigation of Forward Industries, Inc. (NASDAQ: FORD) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/forward-industries-inc-information-request-formor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
- 01/19/2021
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Forward Reports Fiscal 2020 Results
- Revenues of $34.5 million and operating loss of $2.0 million for the year Revenues of $34.5 million and operating loss of $2.0 million for the year
- 12/17/2020
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Forward Industries: Debt Overview
- Over the past three months, shares of Forward Industries Inc. (NASDAQ: FORD) moved higher by 57.36%. Before we understand the importance of debt, let's look at how much debt Forward Industries has.Forward Industries's Debt Based on Forward Industries's financial statement as of June 25, 2020, long-term debt is at $10.59 thousand and current debt is at $2.05 million, amounting to $2.06 million in total debt. Adjusted for $1.35 million in cash-equivalents, the company's net debt is at $709.92 thousand.Shareholders look at the debt-ratio to understand how much financial leverage a company has. Forward Industries has $16.18 million in total assets, therefore making the debt-ratio 0.13. As a rule of thumb, a debt-ratio more than 1 indicates that a considerable portion of debt is funded by assets. A higher debt-ratio can also imply that the company might be putting itself at risk for default, if interest rates were to increase. However, debt-ratios vary widely across different industries. A debt ratio of 40% might be higher for one industry, whereas average for another.Why Debt Is Important Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth. Due to its lower financing cost compared to equity, it becomes an attractive option for executives trying to raise capital.However, interest-payment obligations can have an adverse impact on the cash-flow of the company. Equity owners can keep excess profit, generated from the debt capital, when companies use the debt capital for its business operations.See more from Benzinga * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/18/2020
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Why Forward Industries Stock Is Trading Higher Today
- Forward Industries (NASDAQ: FORD) shares are trading higher after the company announced on Monday it has acquired Kablooe Design.
“Kablooe's reputation, expertise and...
- 08/18/2020
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Forward Industries Acquires Kablooe Design
- HAUPPAUGE, N.Y. and MINNEAPOLIS, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Forward Industries (NASDAQ:FORD) today announced the acquisition of substantially all of the assets of Kablooe Design (Kablooe), an innovative leading medical and consumer design and development company based in Minneapolis, Minnesota for consideration comprising of cash, equity, assumed debt and contingent earn outs. Kablooe is located in the US’s 3rd largest medical device development hub and its clients include leading brands in medical devices including Medtronic, Boston Scientific, Coloplast, Atricure, Cega Innovations and Rapid Diagnostek. Commenting on the transaction, Terry Wise, CEO of Forward Industries remarked, “I am delighted and excited with the acquisition of Kablooe Design. Located in one of the heartlands of medical device development hubs, the company is an excellent strategic fit for the Forward Industries Group. Kablooe’s reputation, expertise and strong track record in being at the forefront of designing and developing innovative medical products is a perfect complement to the group as a whole and I am extremely confident it will afford cross fertilisation opportunities with our subsidiary, Intelligent Product Solutions. Strategically, Forward is well placed to grow and thrive in the future.”Tom KraMer, CEO of Kablooe commented, “Forward Industries is an ideal partner for Kablooe because of its strength in medical products and we will continue delivering exceptional product design and development services. We remain committed to our team and to maintaining our offices in Minneapolis and, strengthened by the Forward Group, look forward to future growth.”For more information on the terms of the transaction, please see the Form 8-K filed with the Securities and Exchange Commission on August 17, 2020. About Forward IndustriesIncorporated in 1962, and headquartered in Long Island, New York, Forward Industries is a global design, manufacturing, sourcing and distribution group. The company has a 30-year plus track record of Far Eastern sourcing capability. Forward’s products can be viewed online at www.forwardindustries.com.About KablooeKablooe, founded in 2008, is a leading product design and development company that is headquartered in Minneapolis, Minnesota. Kablooe offers expert product design and engineering service. Its clients are among the leading brands in consumer electronics and medical devices. To learn more about Kablooe, visit www.kablooe.com.Cautionary Note Regarding Forward-Looking StatementsThis press release includes forward-looking statements including statements regarding synergies, growth and opportunities from the acquisition. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. The results anticipated by any or all of these forward-looking statements might not occur. Important factors that could cause actual results to differ from those in the forward-looking statements include our ability to successfully integrate Kablooe into Forward, changes affecting the business in which Kablooe operates, continued economic downturn from the COVID-19 pandemic and competition from third parties. Further information on our risk factors is contained in our filings with the SEC, including our Annual Report on Form 10-K. We undertake no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise.For more media information, contact: Anthony Camarda (631) 547-3041 acamarda@forwardindustries.com
- 08/17/2020
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Forward Reports Fiscal 2020 Third Quarter Results
- Revenues of $9.5 million and Net loss of $215 thousand for the quarterHAUPPAUGE, N.Y., Aug. 14, 2020 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a single source solution provider for the full spectrum of hardware and software product design and engineering services as well as a designer and distributer of carry and protective solutions, today announced financial results for its third fiscal quarter ended June 30, 2020. Third Quarter 2020 Financial Highlights * Revenues were $9.5 million compared to $9.9 million from the third quarter of 2019 a decrease of 3.6%. * Gross margin decreased to 18.6% compared to 19.1% in the third quarter of 2019. * Net loss was $215 thousand compared to a net loss of $104 thousand in the third quarter of 2019. * Net loss per share was $0.02 compared to net loss per share of $0.01 for the third quarter of 2019. * Cash and cash equivalents totaled $3.1 million at June 30, 2020.Terry Wise, Chief Executive Officer of Forward Industries, stated, “Like most other companies, this was a challenging quarter with our business continuing to be adversely impacted by delays within the retail sector and uncertainty which has slowed the growth of our design business. However, overall, I am pleased at the Company’s resilience and performance in spite of these extraordinary trading conditions and am encouraged by recent developments. I continue to have confidence in the future.”The tables below are derived from the Company’s condensed consolidated financial statements included in its Form 10-Q filed on August 14, 2020 with the Securities and Exchange Commission. Please refer to the Form 10-Q for complete financial statements and further information regarding the Company’s results of operations and financial condition relating to the fiscal quarters ended June 30, 2020 and 2019. Please also refer to the Company’s Form 10-K for a discussion of risk factors applicable to the Company and its business. About Forward IndustriesForward is a fully integrated design, development and manufacturing solution provider to top tier medical and technology customers worldwide. Through its acquisition of Intelligent Product Solutions (“IPS”), the Company has expanded its ability to design and develop solutions for our existing multinational client base and expand beyond the diabetic product line in to a variety of industries with a full spectrum of hardware and software product design and engineering services. In addition to our existing design and distribution of carry and protective solutions, primarily for handheld electronic devices, we are now a one-stop shop for design, development and manufacturing solutions serving a wide range of clients in the industrial, commercial and consumer industries.Contact: Forward Industries, Inc. Anthony Camarda acamarda@forwardindustries.com (631) 547-3041 FORWARD INDUSTRIES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS June 30, September 30, 2020 2019 (Unaudited) Assets Current assets: Cash $3,084,635 $3,092,813 Accounts receivable, net 8,264,935 6,695,120 Inventories 727,419 1,608,827 Prepaid expenses and other current assets 502,893 441,502 Total current assets 12,579,882 11,838,262 Property and equipment, net 219,375 243,002 Intangible assets, net 1,126,299 1,248,712 Goodwill 1,167,427 2,182,427 Investment - 326,941 Operating lease right of use assets, net 3,409,259 - Other assets 138,002 255,008 Total assets$18,640,244 $16,094,352 Liabilities and shareholders' equity Current liabilities: Line of credit$1,000,000 $1,300,000 Accounts payable 297,098 315,444 Due to Forward China 3,199,874 3,236,693 Deferred income 525,763 219,831 Current portion of notes payable 2,196,621 1,654,799 Current portion of capital leases payable 24,733 39,941 Deferred consideration 296,000 834,000 Current portion of operating lease liability 238,413 - Accrued expenses and other current liabilities 625,540 694,972 Total current liabilities 8,404,042 8,295,680 Other liabilities: Capital leases payable, less current portion 15,402 26,438 Deferred rent - 60,935 Operating lease liability, less current portion 3,278,908 - Notes payable, less current portion 759,949 - Total other liabilities 4,054,259 87,373 Total liabilities 12,458,301 8,383,053 Commitments and contingencies Shareholders' equity: Common stock, par value $0.01 per share; 40,000,000 shares authorized; 9,583,851 and 9,533,851 shares issued and outstanding at June 30, 2020 and September 30, 2019, respectively 95,838 95,338 Additional paid-in capital 19,074,747 18,936,130 Accumulated deficit (12,988,642) (11,320,169) Total shareholders' equity 6,181,943 7,711,299 Total liabilities and shareholders' equity$18,640,244 $16,094,352 FORWARD INDUSTRIES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) For the Three Months Ended June 30, For the Nine Months Ended June 30, 2020 2019 2020 2019 Revenues, net $9,548,732 $9,909,452 $25,872,963 $28,265,202 Cost of sales 7,773,944 8,014,998 20,925,017 23,756,862 Gross profit 1,774,788 1,894,454 4,947,946 4,508,340 Sales and marketing 464,247 539,072 1,478,880 1,437,047 General and administrative 1,485,447 1,405,249 4,324,798 4,676,748 Goodwill impairment - - 1,015,000 - Loss from operations (174,906) (49,867) (1,870,732) (1,605,455) Fair value adjustment of earn-out consideration - - 350,000 - Fair value adjustment of deferred cash consideration (3,000) - (12,000) - Interest expense (37,148) (52,216) (132,275) (150,304) Other expense, net (148) (1,979) (3,466) (9,735) Net loss $(215,202) $(104,062) $(1,668,473) $(1,765,494) Net loss per share: Basic $(0.02) $(0.01) $(0.18) $(0.19) Diluted $(0.02) $(0.01) $(0.18) $(0.19) Weighted average common shares outstanding: Basic 9,534,407 9,533,851 9,534,034 9,531,422 Diluted 9,534,407 9,533,851 9,534,034 9,531,422
- 08/14/2020
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Ford, Mobileye Join Forces To Boost Camera-Detection Systems
- Ford (F) and Intel’s (INTC) Mobileye have announced that they are expanding their relationship to offer better camera-based detection capabilities for driver-assist systems. This includes improved forward collision warning, vehicle, pedestrian and cyclist detection, plus lane-keeping features.Mobileye will provide its EyeQ family of devices, together with vision-processing software to support Level 1 and Level 2 driver-assistance systems in Ford vehicles globally.Level 1 systems are defined as automating a single part of the driving experience, such as steering or acceleration/deceleration, while Level 2 systems provide both steering and acceleration/braking support. Both require drivers to supervise performance of the vehicle.As part of the agreement, new production vehicles will use Mobileye’s EyeQ computer chips and software to support features under the Ford Co-Pilot360 Technology.Used to help precisely identify what the windshield camera in a vehicle can see – including lane markings, traffic signs, pedestrians and other vehicles – Mobileye’s technology will support features such as Lane-Keeping System, Auto High-Beam headlamps, Pre-Collision Assist with Automatic Emergency Braking and Intelligent Adaptive Cruise Control, as well as Active Drive Assist hands-free driving coming to the all-new Mustang Mach-E and all-new F-150.Ford will also use Mobileye’s technology throughout the life of its next-generation production vehicles, including F-150 and Mustang Mach-E, as well as future products that offer advanced driver-assistance systems features.While Ford and Mobileye have worked together for years, this marks the first time Ford has committed to use Mobileye’ technology for the entire lifecycle of its next-generation vehicles. Both parties will work with designated Ford Tier 1 providers to supply the technology for vehicle integration.“Providing people with extra confidence while driving is invaluable, and it’s exactly what our available Ford Co-Pilot360 features are designed to do,” said Lisa Drake of Ford. “By customizing Mobileye’s excellent software and sensing technology, Ford’s great driver-assist features will continue to evolve and provide customers with confidence on the road throughout the life of their vehicles.”Shares in Ford are currently trading down 27% year-to-date, and analysts have a cautious Hold consensus on the stock. That’s with an average analyst price target of $6.41, indicating that shares could pullback a further 6% from current levels. (See F stock analysis on TipRanks).“Ford’s strong product pipeline narrative continued with the well-received Bronco/Bronco Sport reveal (following new F-150 reveal). We expect production of the Bronco Sport to begin late 3Q20 and Bronco 1Q21” commented RBC Capital analyst Joseph Spak on July 19.He estimates that the Bronco/Bronco Sport could add >$1bn incremental revenue (maybe close to $2bn absolute) when the run-rate is achieved. “But, we caution against playing product cycle too early (we’ve seen it before) as Ford is likely not to hit their stride on F-150/Bronco product cycle until mid-2021” the analyst warned investors. Spak has a hold rating on F and $6.50 price target.Related News: The Fate of Nikola (NKLA) Stock Remains Up in the Air Tesla’s Elon Musk Overtakes Buffett On Billionaires Rich List GM To Release Electric Truck Next Year With 20 More EVs By 2023 More recent articles from Smarter Analyst: * BeiGene, Assembly Bio Ink $540M China HBV Deal; Shares Surge In Pre-Market * Amazon Exports From India-Based Sellers Crosses $2B Mark - Report * Grifols Buys Plasma Assets From Green Cross For $460M To Boost Canada Business * Allergan Withdraws EU, Japan Filing For Macular Degeneration Drug
- 07/20/2020
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Forward Reports Fiscal 2020 Second Quarter Results
- WEST PALM BEACH, Fla., June 25, 2020 -- Forward Industries, Inc. (NASDAQ:FORD), a single source solution provider for the full spectrum of hardware and software product design.
- 06/25/2020
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Sonoco Products Co (NYSE:SON) Stock Position Decreased by Alliancebernstein L.P.
- Alliancebernstein L.P. cut its stake in shares of Sonoco Products Co (NYSE:SON) by 1.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 170,257 shares of the industrial products company’s stock after selling 1,640 shares during the quarter. Alliancebernstein L.P. […]
- 06/21/2020
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AlphaCrest Capital Management LLC Has $354,000 Stake in Sonoco Products Co (NYSE:SON)
- AlphaCrest Capital Management LLC decreased its holdings in shares of Sonoco Products Co (NYSE:SON) by 12.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,640 shares of the industrial products company’s stock after selling 1,091 shares during the quarter. AlphaCrest Capital Management LLC’s holdings […]
- 06/14/2020
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Parametric Portfolio Associates LLC Has $13.20 Million Stock Position in Sonoco Products Co (NYSE:SON)
- Parametric Portfolio Associates LLC raised its stake in shares of Sonoco Products Co (NYSE:SON) by 8.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 284,747 shares of the industrial products company’s stock after purchasing an additional 22,036 shares during the quarter. Parametric Portfolio […]
- 06/14/2020
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Sonoco Products Co (NYSE:SON) Position Trimmed by Commonwealth Equity Services LLC
- Commonwealth Equity Services LLC trimmed its holdings in shares of Sonoco Products Co (NYSE:SON) by 5.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,027 shares of the industrial products company’s stock after selling 1,109 shares during the period. Commonwealth Equity Services LLC’s holdings […]
- 06/10/2020
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13 Consumer Cyclical Stocks Moving In Friday's Pre-Market Session
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ALG Forecasts Average New Vehicle Transaction Price Up 5.7% YearOver Year Fueled by 0% Interest Rates and Longer Loan Term Offers
- SANTA MONICA, Calif., May 01, 2020 -- ALG, Inc., a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects average.
- 05/01/2020
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Gale Halderman, Designer of the Ford Mustang, Dies at 87
- Gale Halderman's original sketch of the Ford Cougar, which inspired the look of the MustangPhoto: FordThe man whose sketch inspired the iconic lookof the Ford Mustang has died. Gale Halderman pa
- 05/01/2020
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Ford wants to restart US car plants shut by coronavirus, if it can convince union
- The UAW so far has not agreed to endorse reopening U.S. auto plants, even as workers in Europe and Asia are going back to their jobs. Virtually all U.S. automotive production ground to a halt in March as the number of COVID-19 infections grew rapidly.
- 05/01/2020
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Restarting Ford: Safety Priority One as Ford Readies to Reboot Critical Manufacturing Worldwide
- Ford today outlined its global health and safety protocols, sharing how best practices and input from around the world are helping to protect its workforce, dealers, customers and suppliers as it phases in the restart of its global plants.
- 04/30/2020
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The Big Three Are Eating Through Cash
- A look at the factors in play as The Big Three burn cash during the coronavirus shutdown, Nissan’s performance in China could spell good news for the industry, and Tesla is making money from CO2 credits. All that and more in The Morning Shift for April 30, 2020.
- 04/30/2020
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How To Become An Automotive Engineer At A Major Car Company
- A question I get a lot from younger readers is: How can I become an automotive engineer for a major car company? The answer is that there are many avenues to that goal, which is why—in addition to telling my own tale about how I scored my dream engineering job at Fiat Chrysler—I compiled stories from Ford, Nissan, Honda, Fiat Chrysler, and GM engineers.
- 04/29/2020
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Ford Has To Get Its Shit Together
- Ford recently announced it expected a $2 billion loss in the first quarter. Now it expects even worse for the second. All that and more in The Morning Shift for April 29, 2020.
- 04/29/2020
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Ford (F) Q1 Loss Wider Than Estimated, Q2 to be Worse
- Ford (F) expects second-quarter operating loss of more than $5 billion due to coronavirus-led depressed demand for vehicles.
- 04/29/2020
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Ford (F) Stock Jumped 4% Yesterday but Is Down 3% Now after Q1 Earnings Report
- Ford (F) stock price fell about 5% at the news of its losses in Q1. This is mostly due to the COVID-19 situation.
- 04/29/2020
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Bruised Ford Down 4% After Hours On $5 Billion Loss Warning
- Ford (F) has reported first quarter results in-line with prior guidance, but concerns over the company’s bleak outlook saw the stock pullback 4% in after-hours trading on Tuesday.The company announced Q1 Non-GAAP EPS of -$0.23, GAAP EPS of -$0.50 and automotive revenue of $31.34B, down 15.8% year-over-year
- 04/29/2020
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Ford expects 5 billion loss in current quarter as coronavirus hits demand
- But added it had enough money despite the crisis to last the rest of 2020.
- 04/29/2020
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Ford Autonomous Vehicle Service Delayed until 2022; Lincoln Motor with Rivian Cancelled
- Ford's autonomous vehicle service will be delayed until 2022, and the Lincoln Motor program with Rivian has also cancelled.
- 04/28/2020
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Dead, For Now: Whatever That Electric Lincoln-Rivian Thing Was Going To Be
- Lincoln announced in January that it was making some kind of electric vehicle with Rivian, which Ford, Lincoln’s parent, has already invested a bunch of money in. That project is now reportedly on ice.
- 04/28/2020
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How Visteon Netflixed The Competition Before Becoming Blockbusted
- Visteon was born inside of Ford, and focused mostly on seating, climate control, and interiors. There was enough opportunity in those product categories for Ford to spin-off the company in 2000. Today, Visteon is a software company focused on cockpit electronics.
- 04/27/2020
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Auto Stocks' Q1 Earnings Queued for Apr 28: HOG, F, CMI & PII
- Overall first-quarter 2020 earnings and revenues for the auto sector are projected to be down 82.2% and 13% year over year, respectively.
- 04/27/2020
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The UAW Isn’t Ready
- The UAW doesn’t think an early May plant restart is a good idea, tornado damage to a key supplier’s facility could put Ford, Toyota, and FCA further against the ropes, Toyota says demand is actually higher than it expected, and VW is now building its ID.3 electric car. All that and more in The Morning Shift for April 24, 2020.
- 04/24/2020
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Lincoln Navigators Equipped for Mobile COVID-19 Testing in Michigan
- Photo: FordOne of the most vital areas of need during the coronaviruspandemic is access to testing, and Ford Motor Companyand its luxury brand, the Lincoln Motor Company,are working to provide
- 04/23/2020
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No, There Won’t Be a Ford F-150 PHEV
- Don't expect a Ford F-150 PHEV anytime in the near futurePhoto: FordEarlier this month, Car and Driver got folks a’talkingby suggesting that the upcoming 2021 Ford F-150 would get a plug-in hy
- 04/23/2020
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Darrell Ford Named To Savoy Magazine's List Of 2020 Most Influential Black Executives In Corporate America
- DuPont (NYSE:DD) today is pleased to announce that Darrell Ford, DuPont Senior Vice President & Chief Human Resource Officer, has been named to Savoy magazine's 2020 Most Influential Black Executives in Corporate America list.
- 04/22/2020
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How Badly Will Coronavirus Hit Ford's (F) Q1 Earnings?
- Amid coronavirus outbreak and stay-at-home orders in multiple states, Ford (F) anticipates a net loss of $2 billion in the first quarter of 2020.
- 04/22/2020
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Here’s Why High Interest Loans Will Bankrupt Ford
- Ford's credit downgrade has become a self-fulfilling prophecy. The company's high borrowing costs will further strain its cash flow.
- 04/19/2020
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Barron's Picks And Pans: Dropbox, Ford, Johnson & Johnson, Teladoc And More
- This weekend's Barron's cover story examines the revolution in telehealth and virtual medicine.Other featured articles ponder how well businesses will snap back from the crisis and discuss companies that are boosting dividends instead of cutting them.Also, the prospects for a Detroit automaker
- 04/19/2020
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Ford Now Expects A $2 Billion First-Quarter Loss
- Earlier this week, Ford said that it expected a $600 million pretax loss in the first quarter, though it wasn’t sure what the tax expenses might be. Ford has now revised its loss figure very much downward.
- 04/17/2020
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Damage from twister threatens to disrupt Ford supply line
- A tornado strike at a critical Ford manufacturing plant threatens to disrupt the automaker's supply chain. Ford disclosed in a regulatory filing Friday that the BorgWarner factory in Seneca, South Carolina, which makes a key transmission part for many of Ford’s most profitable vehicles, was severely
- 04/17/2020
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Ford Now Expects $2 Billion Q1 Loss, Turns To Junk Bond Market For Funds
- Troubled carmaker Ford (F) has now adjusted its expected loss for the first quarter to $2 billion, according to an amended SEC filing. The company also revealed that it now anticipates revenue of $34 billion and adjusted EBIT of minus $600 million.Full results for the first quarter, including estimates
- 04/17/2020
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General Electric, Ford Stocks Jump 5% as Companies Sign $336M Contract to Make Ventilators
- General Electric (GE) and Ford (F) stocks jumped by over 5.50% on Friday, as companies signed a $336M contract to make ventilators.
- 04/17/2020
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Does Forward Industries, Inc.'s (NASDAQ:FORD) CEO Pay Compare Well With Peers?
- Terry Wise has been the CEO of Forward Industries, Inc. (NASDAQ:FORD) since 2015. First, this article will compare CEO...
- 04/17/2020
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Why May 4 Could Be A Defining Day For The American Automobile Industry (But Also Maybe Not)
- May the 4th be with the American auto industry, Nissan is hitting the brakes on restarting car production, Volvo is hitting the gas in Europe, and a Chinese market resurgence could provide some much-needed relief for VW. All that and more in The Morning Shift for April 17, 2020.
- 04/17/2020
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Ford Shuffles Executives and Operations
- Kumar Galhotra becomes president of the Americas and International Market GroupPhoto: FordNewFord Chief Operating Officer Jim Farley recently conducted a 10-weekclose-look at the automaker’s
- 04/16/2020
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Volkswagen Doesn't Know How Bad This Will Get
- Volkswagen’s profits are tumbling, Bentley extends its production shutdown, and Ford hopes to possibly restart production with the help of wristbands. All that and more in The Morning Shift for April 16, 2020.
- 04/16/2020
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Ford ditched its old PR playbook amid coronavirus turbulence like the shift to remote work, medical supply manufacturing, and criticism from President Trump. Here's what it's doing instead.
- Ford has been emphasizing internal communications and promoting its work making medical supplies.
- 04/16/2020
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Stanley Black & Decker to Supply DEWALT Battery System for Ford and 3M's Powered Air-Purifying Respirators
- Stanley Black & Decker (NYSE: SWK) today announced that the company is collaborating with Ford and 3M to supply a DEWALT portable battery solution for their new Powered Air-Purifying Respirators (PAPR), which will be used to help protect healthcare professionals on the front line as they treat patients
- 04/15/2020
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Ford Expects $600 Million First Quarter Loss
- Ford (and everybody else) is losing a lot of money, Big Oil’s production cut is basically meaningless, and it’s going to be rough for electric cars for awhile. That and more in The Morning Shift for April 14, 2020.
- 04/14/2020
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Ford Ramps Up Medical Supplies, But Make No Mistake, Restarting Car And Truck Production Is Still Job One
- Ford Motor Co. and its rivals are repurposing some manufacturing capacity to produce medical supplies, to help fight the pandemic. But they haven't forgotten, cars and trucks are the core business.
- 04/13/2020
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Ford to Produce Respirators, Masks for COVID-19 Protection in Michigan; Scaling Up Production of Gowns, Testing Collection Kits
- Ford is expanding its efforts to design and produce urgently needed medical equipment and supplies for health care workers, first responders and patients fighting coronavirus.
- 04/13/2020
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Auto Dealership M&A Stuck In Neutral
- With the gears of the economy grinding to a halt over COVID-19-related quarantines, it should come as no surprise that auto dealership M&A – coming off a strong year in which 233 transactions were completed nationwide – has stalled.
- 04/13/2020
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The Race to Make Ventilators Is Not Like World War II
- Elon made it sound like a breeze. It started on March 18th with a casual tweet to a fan promising that Tesla would make ventilators “if there is a shortage,” setting off an avalanche of replies educating him that there was, already, a shortage. Within hours, Bill de Blasio tweeted “New York is buying!”; within a week, Musk’s dim Twitter-sourced awareness had manifested into a full-fledged promise to open a Buffalo solar cell factory for ventilator production “as soon as humanly possible.” In the interim, GM and Ford announced partnerships with ventilator manufacturers, and Trump invoked wartime powers to order GM to make ventilators (blaming GM for dragging its heels, oddly). Many optimistic forecasters likened the industry-spanning coalition to America’s victorious World War II weapons manufacturing spree. Surely people who make rockets and cars can make air-pumping boxes. A widget is a widget. How hard could it be?
- 04/10/2020
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A Quick Chat With The Most Influential Car Designer Of This Era
- I hopped on a call with Stephenson to chat about his illustrious career thus far and what projects he has in store for the near future.
- 04/10/2020
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Ford Mustang Mach-E Development Continues from Home
- Mustang Mach-E development keeps on keeping on even during the current crisisPhoto: Ford Motor CompanyDespite the COVID-19 pandemic shuttering vehicle production indefinitelyand delayingvehicle
- 04/10/2020
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Your Guide To Automakers’ ‘Pandemic Protection’ Programs
- Here are the programs in place to help reassure new-car shoppers and current owners in these uncertain times.
- 04/09/2020
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Ford Stock Jumped 7% Yesterday but Price Still Remains the Lowest Since 2009
- Ford Motor Company (F) recorded a good rise in its stock price on Wednesday but the price is still much lower than its ATH.
- 04/09/2020
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Help Ford Solve the Mystery of the Mid-Engine Two-Seater Mustang
- Nobody seems to really know anything about this mid-engine two-seater Mustang somehowPhoto: Ford Performance courtesy of John ClorIt’s not very often that an automaker turns to its fanbaseto h
- 04/08/2020
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Ford CEO Jim Hackett Only Made $17.4M in 2019
- Ford CEO Jim Hackett made 157 times the median employee salary in 2019Photo: FordWith so many Americans facing financial hardship in this difficult and unprecedented time, it’s important to rem
- 04/07/2020
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Ford Will Stick with California Emissions Standards
- Photo: FordDespite the rollback of Obama-era federal emissions rules,Ford says that it will continue to abideby California’s voluntary emissions standards moving forward.The new Safer Af
- 04/06/2020
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Ford ships out 1 millionth coronavirus face shield
- More than 190,000 face shields are on their way or delivered to New York and New Jersey, the company said.
- 04/06/2020
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Ford Wants A Cash For Clunkers-Like Government Stimulus To Boost Car Sales
- Could Cash for Clunkers return? Automakers crank up medical equipment production, auto sales are down and more people in the industry have died from the coronavirus. That and more in The Morning Shift for April 3, 2020.
- 04/03/2020
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Hogan Lovells advises Ford, Kraft Group/New England Patriots in separate efforts to provide medical supplies for coronavirus aid
- International law firm Hogan Lovells is providing pro bono advice on two significant matters that are helping the United States obtain the critical supplies it needs to fight the battle against coronavirus.
- 04/03/2020
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The Immersive Technology Companies Offering Support During The Coronavirus Crisis
- The coronavirus pandemic has hit our global community hard, businesses are rallying round to help in any way they can. Here are some of the companies in the immersive sector that have pitched in.
- 04/03/2020
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Dear Elon Musk, It’s Time To Turn The Motor City Into Gigatown
- Elon Musk should buy Ford and GM now that their combined valuations are less than half of Tesla's market cap. Electric Tesla-Hummer, anyone?
- 04/02/2020
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Auto sales drop amid COVID-19 crisis
- Yahoo Finance's Rick Newman breaks down how bad the auto industry has been hit since the coronavirus outbreak.
- 04/02/2020
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Ford F-Series America’s Best-Selling Vehicle in Q1 2020
- The Ford F-Series is still America's best-selling truck despite a challenging Q1Photo: Ford Motor CompanyAs could be reasonably expected with the still-unfoldingCOVID-19 pandemic and the elimina
- 04/02/2020
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Dividends By The Numbers In March 2020 And Q1 2020
- A total of 3,869 U.S. firms declared dividends in March 2020, an increase of 187 over the 3,682 recorded in February 2020. 24 U.S. firms announced they would pa
- 04/02/2020
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Ford first-quarter U.S. auto sales tumble 12.5% on coronavirus hit
- By Nick Carey and Sanjana Shivdas
(Reuters) - Ford Motor Co's U.S. sales chief said on Thursday the automaker believes some level of government stimulus will be needed for consumers once the coronavirus pandemic recedes and that the crisis will
- 04/02/2020
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Brazil new auto sales fall 19% in March as coronavirus hits economy -source
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Ford Kuga vs Ford Puma: which hybrid SUV should you buy?
- It's been a mixed start for Ford's two new hybrids.
- 04/01/2020
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General Motors Aims To Start Churning Out Ventilators By Mid-April
- It’s not as easy as flipping a switch, Penske stretched thin, and Jeff Bezos’ rocket company, of course, gets its own special exemption. All that and more in the Morning Shift for March 30, 2020.
- 03/30/2020
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Ford Debt Is ‘Junk’ – Don’t Make U.S. Taxpayers Bail Them Out Again
- Ford Motor Company's credit rating was just downgraded to junk status. An auto bailout for Ford doesn't sound like a good deal for America.
- 03/26/2020
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Quickest Cars You Can Buy for Less Than $30,000
- The quickest car on this list gets to 60 mph in only 5 seconds. Fast doesn't mean expensive.
- 03/26/2020
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Car Sales Are Absolutely Nosediving
- Car sales are in the toilet, Ford thinks it has a plan for all of this, and one of the biggest car dealership purchases in history is off. All that and more in The Morning Shift for March 26, 2020.
- 03/26/2020
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Analysts upgraded a bunch of stocks as markets look for a rebound, including Nvidia, Tesla, Zillow & more
- Here are the biggest calls on Wall Street on Tuesday.
- 03/24/2020
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Latest Coronavirus Relief Draft Bill Includes Suspending Car Payments
- The federal government may freeze your car payments, automakers are shifting production to health equipment for Coronavirus relief, dealerships aren’t sure if they should stay open, we don’t know where to park all the planes, and a lot more in The Morning Shift for Tuesday, March 24, 2020.
- 03/24/2020
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Shares of several retail companies are trading higher, rebounding from earlier weakness. Markets have been volatile amid the coronavirus outbreak which caused many retail stores to close down.
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Not Ready For Prime Time? BMW Joins Mercedes In Delaying Electric Car Intros In The U.S.
- This as General Motors, Ford, and (of course) Tesla go all in on EVs.
- 03/10/2020
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Ford African-Ancestry Network Awards Celebrate Black History
- From left to right: Felicia Jones, Dr. Steve Perry, WDIV-TV reporter and mistress of ceremonies Paula Tutman, and Regina Gambrell-SmithPhoto: FordThe FordAfrican-Ancestry Network celebrated the
- 03/07/2020
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Ford Working on 3D-Printed Locking Wheel Nuts
- These 3D-printed locking wheel nuts could help ward off thievesPhoto: Ford Motor CompanyEver had your wheels stolen off your car before? It sure does suck. Ford wants to make sure that this is a
- 02/27/2020
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The 2020 Ford Escape is A Compelling Crossover
- The Escape was redesigned for 2020 with a completely new look, updated technologies, more standard features, and a solid powertrain lineup.
- 02/23/2020
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What's the best new car you can buy? 2020 Car of the Year shortlist driven and rated
- Thirty new cars were eligible for this year’s Car Of The Year (Coty) award rather than the usual 70-odd after the application of more strict criteria, so the seven-strong shortlist represents a larger proportion (23 per cent) of the total than usual.
- 02/20/2020
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9 Stocks To Watch For February 18, 2020
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Forward Industries Q1 EPS $(0.01) Up From $(0.06) YoY, Sales $8.4M Down From $10.183M YoY
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Forward Reports Fiscal 2020 First Quarter Results
- WEST PALM BEACH, Fla., Feb. 14, 2020 -- Forward Industries, Inc. (NASDAQ:FORD), a single source solution provider for the full spectrum of hardware and software product design.
- 02/14/2020
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Forward Reports Fiscal —…—… First Quarter Results
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Ford Motor Corporation Selects Luokung's Subsidiary EMG as the provider of HD Map Service for Ford China's Autonomous Driving Project
- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company in China, announced today that Ford Motor Corporation (NYSE: F) has selected
- 02/11/2020
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As Tesla Gyrates, Ford And GM Get No Love From Wall Street
- As Tesla gyrates, Ford and GM get no love from Wall Street
- 02/05/2020
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Forget Ford (F), Invest in These Auto Companies Instead (Revised)
- While Ford (F) is weighed down by declining sales and weak financials, investors can consider betting on these promising auto stocks.
- 01/29/2020
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Forget Ford (F), Invest in These Auto Companies Instead
- While Ford (F) is weighed down by declining sales and weak financials, investors can consider betting on these promising auto stocks.
- 01/29/2020
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Did Changing Sentiment Drive Forward Industries's (NASDAQ:FORD) Share Price Down By 24%?
- Forward Industries, Inc. (NASDAQ:FORD) shareholders should be happy to see the share price up 12% in the last month...
- 01/16/2020
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Hoplite Power Taps Intelligent Product Solutions’ Manufacturing Expertise for its Next-Generation Smartphone Power-Charging Kiosks
- Intelligent Product Solutions (IPS), a subsidiary of Forward Industries (FORD) and an award-winning product design firm, today announced its alliance with Hoplite Power, a Client of the Clean Energy Business Incubator Program (CEBIP) at Stony Brook University, to advise it on manufacturing its new on-demand rentable smartphone power-charging stations. The Hoplite Hubs are designed to automatically recharge Hoplites, universal smartphone battery packs that can be rented from and returned to any Hoplite Hub in the network.
- 01/09/2020
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4 Stocks To Watch For December 30, 2019
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Forward Industries Reports Full Year 2019 Revenues Of $37.4 Million Vs $34.5 Million YoY An Increase of 8.4%; Net Loss Per Share Was $(0.38) Vs $0.15 YoY
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Forward Reports Fiscal 2019 Results
- WEST PALM BEACH, Fla., Dec. 27, 2019 -- Forward Industries, Inc. (NASDAQ:FORD), a single source solution provider for the full spectrum of hardware and software product design.
- 12/27/2019
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Is Forward Industries (NASDAQ:FORD) Using Too Much Debt?
- David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
- 10/18/2019
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Lifeway Foods only consumer gainer; Beyond Meat and Gildan Activewear among losers
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SA biotech makes deal with New York firm to design fat-reduction device
- Dominion Aesthetic Technologies Inc., a San Antonio-based aesthetic laser technology company, has teamed with Intelligent Product Solutions, a subsidiary of Forward Industries (Nasdaq: FORD), which will design its abdominal fat reduction device. The new alliance follows confirmation from Dominion officials in June that the company had received clearance from the U.S. Food and Drug Administration for its first medical device, the eon FR, which is designed to kill fat cells through a process called apoptosis and uses noncontact technology to eliminate fat via a laser guided by a patent-pending articulated arm. After an eon FR treatment, which takes roughly 15 minutes, the body eliminates fat cells through its lymphatic system.
- 10/17/2019
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Dominion Aesthetic Technologies, Inc. Announces Alliance With Forward Industries' Intelligent Product Solutions To Design Body Contouring Aesthetic Device
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Dominion Aesthetic Technologies, Inc. Announces Alliance with Intelligent Product Solutions (A Forward Industries Company) to Design Body Contouring Aesthetic Device
- Intelligent Product Solutions (IPS), a subsidiary of Forward Industries (FORD) and award-winning product design firm, today announced an alliance with Dominion Aesthetic Technologies, Inc. to design its eon™ FR, a non-contact aesthetic device that is FDA-cleared for abdominal fat reduction.
- 10/17/2019
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California's war with Trump is destroying America
- There’s never been any love lost between Trump and the Golden State, but now what had been a smoldering feud has become an all-out war.
- 09/21/2019
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Should You Be Pleased About The CEO Pay At Forward Industries, Inc.'s (NASDAQ:FORD)
- Terry Wise has been the CEO of Forward Industries, Inc. (NASDAQ:FORD) since 2015. First, this article will compare CEO...
- 09/03/2019
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Forward Industries Q3 EPS $(0.01) Down From $0.02 YoY, Sales $9.9M Up From $9.54M YoY
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Forward Reports Fiscal 2019 Third Quarter Results
- WEST PALM BEACH, Fla., Aug. 14, 2019 -- Forward Industries, Inc. (NASDAQ:FORD), a single source solution provider for the full spectrum of hardware and software product design.
- 08/14/2019
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Forward Industries reports Q3 results
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Do Insiders Own Lots Of Shares In Forward Industries, Inc. (NASDAQ:FORD)?
- A look at the shareholders of Forward Industries, Inc. (NASDAQ:FORD) can tell us which group is most powerful...
- 07/19/2019
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Forward Industries Q2 EPS $(0.12) Down From $0.1 YoY, Sales $8.2M Down From $9.012M YoY
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Forward Industries reports Q2 results
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Forward Industries Says On April 22, Co. And Forward China Agreed To Extend Initial Term Of Some Buying Agency And Supply Agreement Until Oct 22, 2019
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Forward Industries Q1 EPS $(0.06) Down From $0.01 YoY, Sales $10.2M Up From $6.336M YoY
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Forward Industries 8-K Shows Co. Entered 3-Year Distribution Deal With Mooni Int'l.
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30 Stocks Moving In Friday's Pre-Market Session
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Forward Industries shares are trading up 10.4% after the company reported Q4 revenue increased $3.292M from last year.
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Investor Expectations to Drive Momentum within Cincinnati Bell, Hooker Furniture, AgroFresh ...
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Consumer - Top 5 Gainers / Losers as of 12:00 PM (09/21/2018)
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Forward Industries Up ~4% At $1.57/Share As Forward's Subsidiary IPS Announces A New Deal With Google Over Twitter
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Consumer - Top Gainers / Losers as of 12:00 PM (08/15/2018)
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Forward Industries Q3 EPS $0.02 Down From $0.06 YoY, Sales $9.5M Up From $7.333M YoY
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50 Biggest Movers From Yesterday
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56 Biggest Movers From Yesterday
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44 Stocks Moving In Thursday's Mid-Day Session
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UPDATE: Forward Industries Continues To See Volatility With Shares Up 18.5% Over Past 15 Minutes Following Press Release Related To BeerBox Vending Machine; Watch For Profit Taking, As Stock May Be Susceptible To Low-Float Targeting
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Consumer - Top Gainers / Losers as of 12:00 PM (05/22/2018)
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Forward Industries Reports Q2 EPS $0.10 vs $(0.03) In Same Qtr. Last Year, Sales $9M vs $4.5M YoY
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Forward Industries Shares Up ~9.6% Premarket, Co. Filed A Non-Timely 10-Q Filing Yesterday After-Hours; Anticipates That Quarterly Report will Show Sales Of $9M vs $4.5M In Prior Year Period Along With Net Income Of $948K vs $(238)K In Prior year Period
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Mitch Maiman of Intelligent Product Solutions (IPS) to Speak at ESC Boston on "How to Start ...
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Consumer - Top Gainers / Losers as of 12:00 PM (04/09/2018)
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Forward Industries Up ~10.5% As Traders Circulate Yesterday's Amended 8-K Filing That Shows Recently Acquired Intelligent Product Solutions Financial Statements
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Analysis: Positioning to Benefit within AV Homes, comScore, Liberty SiriusXM Group, Redwood ...
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Consumer - Top Gainers / Losers as of 12:00 pm (2/15/2018)
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Forward Industries Reports Q1 EPS $0.01 vs $0.02 In Same Qtr. Last Year, Sales $6.3M vs $6.6M YoY
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40 Biggest Movers From Friday
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35 Stocks Moving In Friday's Mid-Day Session
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38 Biggest Movers From Yesterday
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35 Stocks Moving In Monday's Mid-Day Session
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26 Stocks Moving In Thursday's Pre-Market Session
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40 Biggest Movers From Yesterday
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28 Stocks Moving In Tuesday's Pre-Market Session
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32 Stocks Moving In Monday's Mid-Day Session
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Forward Industries, Inc. Shares Skyrocket as Investors Cheer Acquisition
- Forward Industries agrees to purchase 100% of Intelligent Product Solutions, a solid move from the protective solutions company.
- 01/19/2018
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Forward Industries Shares Up 174% Fri. Following Earlier News Co. To Purchase Intelligent Production Solutions
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Forward Industries 8-K Shows Stock Purchase Deal Between Co., IPS, Mitchel Maiman; Paid ~$1.9M In Cash, Assumed $1.5M In Debt, Issued ~401.84K Shares of common Stock, Will Pay $1M In Deferred Cash Payments, $2.2M In Earnout
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Forward Reports Q4 EPS $0.02 Flat vs Same Qtr. Last Year, Sales $6.3M vs $6.7M YoY
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Forward Reports Q3 EPS $0.06 vs $0.01 In Same Qtr. Last Year, Sales $ 7.3M vs $6.7M YoY
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18 Biggest Mid-Day Losers For Monday
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Forward Reports Q2 EPs $(0.03) vs $(0.02) In Same Qtr. Last Year, Sales $4.5M vs $7M YoY
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Forward Industries Reports Q1 EPS $0.02 vs $0.03 in Same Qtr. Last Year, Sales $6.6M vs $7.1M YoY
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Forward Reports Q4 EPS $0.02 vs. Prior Year Quarter $0.03, Rev. $6.7M vs. Prior Year Quarter $7.6M
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Consumer Goods - Top 5 Gainers / Losers as of 1:00 pm
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Forward Reports Q3 EPS $0.01 vs Prior Year Quarter $0.06, Rev. $6.7M vs. Prior Year Quarter $7.2M
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U.S Stock Ends Mostly Lower
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8 Biggest Mid-Day Losers For Thursday
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8 Biggest Mid-Day Gainers For Wednesday
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Consumer Goods - Top Gainers / Losers as of 12:00 pm
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Forward Reports Q2 EPS $0.02 vs. Prior Year Quarter $(0.08), Rev. $7M vs. Prior Year Quarter $7.2M
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Forward Industries Reports Q1 EPS $0.03 vs. Prior Year Quarter $(0.23), Rev. $7.1M vs. Prior Year Quarter $7.9M
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Forward Industries Reports Q4 EPS $0.03, Sales ~$7.6M vs $9.2M in Same Qtr. Last Year
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Can The New Management Turnaround Forward Industries?
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Mid-Day Market Update: Wednesday's Movers, US Rebounds, China And More
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