- Ford Motor Co (NYSE:F) is recalling 198,000 SUVs in the U.S. due to fire risk, Reuters reported.
- The recall covers the 2015 – 2017 model year Ford Expedition and Lincoln Navigator vehicles.
- The company has received three reports of fires linked to damage to property structures, with one minor injury, the report specified.
- The issue has affected vehicles’ higher mileage and time-in-service and is unrelated to Ford’s July recall of 2021 Expedition and Navigator vehicles.
- The report added that Ford also recalled 1,175 2022-model year Mustang Mach-E vehicles due to faulty right-rear axle half shafts manufacturing.
- Price Action: F shares are trading lower by 1.35% at $15.03 on the last check Thursday.
Analyst Forecasts Bright Future For Sun Life Financial: Upgrades To Outperform, Expecting Strong EPS Growth
RBC Capital Markets analyst Darko Mihelic upgraded Sun Life Financial Inc (NYSE: SLF) to Outperform from Sector perform at an increased price target of C$79 from C$76.
