Word: fords
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...Ford (F) had 113 million share sold short as of April, an extraordinary drop of 53% since two weeks before that. The stock was up 47% to $4.04 over that period which wiped out a number of short positions. Since then, the shares have moved even higher on earnings and analyst upgrades and change hands at more than $5. Ford trades a tremendous 121 million shares a day. Any news about the potential bankruptcy of GM (GM) or Chrysler moves Ford's stock due to concerns, among others, that a liquidation of either of those firms could bring down parts...
...February 1976, an outbreak of swine flu struck Fort Dix Army base in New Jersey, killing a 19-year-old private and infecting hundreds of soldiers. Concerned that the U.S. was on the verge of a devastating epidemic, President Gerald Ford ordered a nationwide vaccination program at a cost of $135 million (some $500 million in today's money). Within weeks, reports surfaced of people developing Guillain-Barré syndrome, a paralyzing nerve disease that can be caused by the vaccine. By April, more than 30 people had died of the condition. Facing protests, federal officials abruptly canceled the program...
...Europe advised citizens to cancel all nonessential trips to Mexico and the U.S. The U.S. Centers for Disease Control and Prevention (CDC) said that advisory was too severe. Such decisions, difficult enough to make on purely medical grounds, become even more complicated when they involve politics. In 1976, President Ford's vaccine program came during an election cycle, and some historians believe he was swayed as much by a desire to display strong leadership as by the advice of health experts. (Read "Swine Flu: 5 Things You Need to Know About the Outbreak...
...think you have influenced the younger generation to appreciate country more? Stefanie Yeung CHADDS FORD...
...Unfortunately, the project is currently on hold due to budget problems. "In principle, humans could probably launch such a mission in roughly a decade," Ford says. "In practice, I'd guess that it may be even further in the future...