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Yahoo
9 minutes ago
- Yahoo
Ford says Trump tariffs to cost it about $2bn this year
Motor industry giant Ford says it expects tariffs to cost it about $2bn (£1.5bn) this year, which is more than previously expected, despite building most of its cars in America. The company says it had already paid an extra $800m in duties in the three months ending in June. It also suffered losses related to cutting an electric vehicle programme. It is the latest indication of the impact of US President Donald Trump's tariffs on major American firms and the challenges ahead as he seeks to reshape global supply chains. But Ford is seeing a less pronounced tariffs impact than some of its competitors as much of its manufacturing is in the US. Ford's finance chief Sherry House said the firm had raised its forecast for the cost of tariffs on its business because levies on Mexico and Canada, where it has facilities, have remained higher for longer than expected. She also pointed to US tariffs on imported aluminium and steel. Last week, rival carmaker General Motors said tariffs had already cost it more than $1bn, while Volkswagen put its hit at $1.5bn. Jim Farley, Ford's chief executive, said the firm is in regular contact with the White House as the company tries to secure lower tariffs, especially on vehicle parts. "We see there's a lot of upside depending on how the negotiation goes with the administration," he said. Trump has raised duties on most goods, with special tariffs targeting cars and car parts, as well as the key materials used to manufacture them. He has said the measures are intended to convince companies, in the US and abroad, to make their products in America. Ford's shares were about 1.5% lower in extended trading in New York on Wednesday after the earnings announcement. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
9 minutes ago
- Yahoo
Caliber Sets Date for Second Quarter 2025 Earnings Announcement & Investor Conference Call
SCOTTSDALE, Ariz., July 30, 2025 (GLOBE NEWSWIRE) -- Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced that it will release its second quarter 2025 financial results after the close of the stock market on Wednesday, August 13, 2025. Management invites all interested parties to its webcast/conference call the same day at 5:00 pm ET to discuss the results. Investors and interested parties can access the live earnings call by dialing (800) 715-9871 (domestic) or (646) 307-1963 (international) and ask to join the Caliber call or use conference ID 7312901. To listen to the call online, investors can visit the investor relations page of Caliber's website at The webcast replay of the conference call will be available on Caliber's website shortly after the call concludes. Additional details:The news release and presentation materials will also be available on the Investor Relations site under "Financial Results". About Caliber (CaliberCos Inc.)With over $2.9 billion in Managed Assets, Caliber's 16-year track record of managing and developing real estate is built on a singular goal: to make money in all market conditions, specializing in hospitality, multi-family residential, and multi-tenant industrial. Our growth is fueled by performance and a key competitive advantage: we invest in projects, strategies, and geographies that global real estate institutions often overlook. Integral to this advantage is our in-house shared services group, which gives Caliber greater control over our real estate and enhanced visibility into future investment opportunities. There are multiple ways to participate in Caliber's success: invest in Nasdaq-listed CaliberCos Inc. and/or invest directly in our Private Funds. Forward-Looking StatementsThis press release contains 'forward-looking statements' that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as 'anticipate,' 'believe,' 'contemplate,' 'could,' 'estimate,' 'expect,' 'intend,' 'seek,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'target,' 'aim,' 'should,' "will' 'would,' or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled 'Risk Factors' in the final prospectus related to the Company's public offering filed with the SEC and other reports filed with the SEC thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law. CONTACTS:Caliber Investor Relations:Ilya Grozovsky+1 480-214-1915Ilya@ in to access your portfolio
Fox News
9 minutes ago
- Fox News
‘Common Sense' has something to say about Mamdani's flip-flopping stance on police…
The 'Common Sense' Department: Mamdani put his critics on blast for calling out his change in stance on the NYPD, but the CSD knows B.S. when they see it…
