that blew past analysts' expectations. Ford posted an adjusted EPS of 65 cents, well ahead of a Refinitiv estimate of 19 cents. Its automotive revenue also came above forecasts. Ford's profits in the third quarter were led by its operations in North America, which included stronger-than-expected demand and a rich mix for popular Ford trucks and SUVs as well as commercial vehicles.
Separately, Exxon also announced its intention to reduce staff by about 1,900 employees through voluntary and involuntary programs in an effort to improve cost efficiencies.– Shares of the semiconductor company slid 3% after Marvell said it would buy fellow chip maker Inphi. The combined company will have an enterprise value of roughly $40 billion, Marvell said in a statement. The deal values Inphi at roughly $157.83 per share, more than 40 percent above Inphi's Wednesday close.
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There is no stimulus in November or December and possible in January 2021 depending on the new fight extends to March, Beware of the actions that will fall. Jp Morgan sold all yesterday. Take care
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