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Ford (F) Stock Continues Climb Despite UAW Five Day Strike Notice

NEW YORK (TheStreet) -- Shares of Ford Motor (F - Get Report) are up by 1.94% to $13.41 on Wednesday morning, despite yesterday's threat of a strike in five days by the United Auto Workers union.

The strike is targeted at one of Ford's key F-150 pickup truck manufacturing plants in Kansas City, which employs 7,500 workers.

The UAW is currently in talks with Detroit's big three auto makers including General Motors (GM) and Fiat Chrysler (FCAU) for a new labor agreement after the previous one expired September 14.

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A Ford spokesman said that the company is "confident we will be able to negotiate a fair and competitive labor agreement with our UAW partners," according to Reuters.

Separately, TheStreet Ratings team rates FORD MOTOR CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

We rate...


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