Ford Motor Looks Good; Barron’s (F)

Ford Motor Company F has announced that it is paying down $4 billion in debt. The company is looking to strengthen its balance sheet. According to Barron’s, the automaker will pay a major chunk of this money to the Retiree Medical Benefits Trust of the United Auto Workers. Ford stock reacted positively to the news. Barron’s has further stated that the company is in far better position than General Motors. Morningstar analyst David Whiston told Barron’s, “cash flow generation will significantly improve over the coming years, which, coupled with the debt reduction, will certainly give Ford a more stable base and flexibility.”