Ford Aims to Revitalize Lincoln and 2 Hot Stocks to Consider
Ford Motor Co (NYSE:F) is aiming to revitalise sales of its struggling Lincoln luxury car brand in 2013. Hinting to dealers that an 18% rise in sales for the brand in 2013 would be a good year, Ford is hoping the brand will regain its lost glory by introducing new and innovative designs, color schemes and technologies. The new MKZ sedan has proved to be a Lincoln bestseller, with pre-orders being the highest for any Lincoln since the Navigator was launched in the latter part of the 1990s.
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Time Warner (NYSE:TWX) is a participant for $25 million in a new round of financing in Maker Studios, described as a fast-growing YouTube “network.” Previous rounds have been financed by personalities such as Robert Downey Jr, Elizabeth Murdoch, and Jon Miller, previously of NewsCorp, Greycroft Partners and GRP Partners.
Carriers Telefonica (NYSE:TEF), Vodafone (NASDAQ:VOD), and Orange (NYSE:FTE) will have to pay up fines totalling about €120 million to the Spanish anti-trust regulator for allegedly overcharging consumers on text messages between 2000 and 2009. While Telefonica has been fined €46.5 million, Vodafone and Orange have to pay €43.5 million and €30 million respectively. All the three carriers have announced their intention to appeal the fine imposed by the National Competition Commission.
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