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View Full Version : Ford needs the cash from Jaguar, Land Rover sale - USA Today



RSS News Robot
27th March 2008, 11:40 PM
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Ford needs the cash from Jaguar, Land Rover sale (http://news.google.com.au/news/url?sa=T&ct=au/4-0&fd=R&url=http://www.usatoday.com/money/autos/2008-03-27-ford-cash_N.htm&cid=0&ei=4aPrR8_WCJq4qwPKhNHBBA&usg=AFrqEzdKV6KYm8sdEIPrIGZf_UHO2k-Oxw)
USA Today - 43 minutes ago
By Sharon Silke Carty, USA TODAY DETROIT While the $1.7 billion that Ford Motor will net on the sale of Jaguar and Land Rover to India&#39;s Tata Motors looks ...


More... (http://news.google.com.au/news/url?sa=T&ct=au/4-0&fd=R&url=http://www.usatoday.com/money/autos/2008-03-27-ford-cash_N.htm&cid=0&ei=4aPrR8_WCJq4qwPKhNHBBA&usg=AFrqEzdKV6KYm8sdEIPrIGZf_UHO2k-Oxw)

p38arover
28th March 2008, 07:15 AM
Ford shares closed down 2.2%, or 13 cents, at $5.87 Wednesday. Tata Motors ADRs were down 6.8% to $16.18

The market isn't impressed by the sale?

The same happened when Telstra formed a joint venture (Reach Global Networks) with the HK company PCCW in 2001. Both Telstra and PCCW shares fell!