Ford Paper Drops On More Job Cuts

29 May 2008

Ford Motor Co. loans dropped a quarter of a point on Thursday after news the company could be making more job cuts.

Ford Motor Co. loans dropped a quarter of a point on Thursday after news the company could be making more job cuts. Its term loan "B" traded down to the 86 1/4 ­ 87 1/8 level on Thursday, from 86 1/2-87 1/2 level Wednesday. "The economic environment has ...

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