UPDATE 1-Fitch says no rating action after Ford warning

Newswire

(Adds background) NEW YORK, June 21 (Reuters) - Fitch Ratings said on Tuesday that Ford Motor Co.'s profit warning will not trigger immediate rating action, although the rating outlook continues to be negative. Ford on Tuesday cut its full-year earnings outlook to $1 to $1.25 per share, down from $1.25 to $1.50 per share, citing lower vehicle sales and supplier-related challenges. Moody's Investors Service declined to comment on any rating response, while Standard & Poor's did not ...

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