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Netflix CFO goes, but we're not worried, says the analyst

Netflix chief financial officer David Wells resigns, but Monness, Crespi, Hardt & Co. analysts are not worried. "We would not read much in today's announcement," the company's Internet and software analyst Brian White wrote in a statement Monday. He repeated his buy rating and $ 430 price target for the company and called Netflix NFLX, -0.76% a "strong, global, secular …

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Ford plans to make fusion longer, bigger and stronger [196590000] 2019 Ford Fusion "data-mycapture-src =" https://www.gannett-cdn.com/presto/2018/07/11/PDTF/a31f237d-4b02-4e68-90d1-3fd673b9f8ea-2019_Ford_Fusion.jpg " data-mycapture-sm-src = "https: //www.gannett-cdn.comhttps: //www.gannett-cdn.com/presto/2018/07/11/PDTF/a31f237d-4b02-4e68-90d1-3fd673b9f8ea -2019_Ford_Fusion.jpg? Width = 500 & height = 297 "/> 2019 Ford Fusion Sedan (Photo: Ford Motor Company) Ford wants to get rid of the traditional Fusion saloon in favor of a longer, larger and more powerful version [19659005] The new design, which has no scheduled release date, is intended to capture buyers driving the Subaru Outback car and possibly even the BMW 5 Series hatchback. "While current Ford Fusion production will finish in a few years, we will likely continue use the name because of its prominence, positive imagery and value with consumers, "said Mike Levine, product manager for Ford North Ame rica. "However, it's too early to speculate on what the new vehicle might look like." He went on to emphasize that consumers are moving away from cars in crossovers, SUVs and hatchbacks. "All car sales are down," Levine said. "We want to go where the consumer wants to go, they want vehicles with more ride height, more interior space, more versatility, customers love fusion, but watch vehicles evolve, we're swirling to new silhouettes, silhouettes that are better which consumers are looking for today. " No question, the Ford Fusion has a loyal following. "It was a good reliable car, a good seller for us in the last 10 years or so," said Joe Wood, new car sales manager at Northgate Ford in Port Huron. "The fact that Ford is reducing the number of cars alerts the people who are loyal brokers, and keeping the name, a solid brand, would be a smart idea." Industry analysts watch as Ford and its merger interest be redesigned. "Ford wants to ruin Subaru's impressive sales growth with a raised car," said Dave Sullivan, Product Analysis Manager at Auto Pacific, Inc. "This type of car is really the anti-SUV, and it looks like it has all the functionality and the benefit of a crossover without the stigma of transporting children or groceries.The lower SUV height helps with charging roof kayaks and has been proven to resonate with people with a certain lifestyle.These buyers tend to be in very good financial health to be and are highly coveted at the retail level. " More: 2019 Ford Fusion adds safety, driver features More: Ford's Plan Without Limos: 9 Things To Know The plan to get out of cars in trucks and SUVs is a consistent message emphasized and emphasized by Ford approx. The F-Series is a Fortune 500 company in itself. However, some industry observers are questioning the strategy to move from the Fusion sedan to a larger silhouette. "There is not much sales volume in sports cars, which does not exist," said Eric Noble, Product Development Consultant and Professor of Vehicle Technology at Art Center College of Design, Pasadena. "When Ford announced it would drop the merger, three or four other medium-sized automakers danced in. Fusion is a very competitive car, and the only sports car that has done well in North America over the past 25 years is the Subaru Outback is a segment of 1. So Ford goes from a segment that sells really well, to a segment that has never really sold well. "

More: Ford Announces $ 1.7B Quarterly Profit, Deep Cuts to Auto Line More: Ford CEO Jim Hackett's Wall Street plan: fewer models, more Electric Cars 2018 Subaru Crosstrek Limited (Photo: Subaru) He questioned whether Ford CEO Jim Hackett is exercising questionable judgment while facing pressure from investors annoyed by the disappointing stock performance. and whether the dramatic announcement to eliminate …

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NorCal Firefighters: When we say "out," we're serious

GUINDA, California – Evacuations were ordered when dry, hot winds triggered rampant wildfire in rural Northern California on Sunday, sending a stream about 75 miles south to the San Francisco Bay Area. [19659002] The rapid explosion that broke out in western Yolo County on Saturday charred at least 50 square miles of dry shrubbery and threatened more than 100 structures …

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Denver Post's Baseball Park Bug is mocked by many, but we're not here to judge

Last month, Denver Post announced that it would pull 30 newsroom employees from the approximately 100 employees, a "terribly stressful" situation, admitted editor Lee Ann Colacioppo. Nowadays the newspaper suffers more stress after making a mistake caught by an extra eye. Prior to the Colorado Rocky Mountains opener on Friday, the Life & Culture section presented "The Ultimate Visitors Guide …

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