Ford Posts Profits of $997 million 3Q external link

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HispanicBusiness.com | Mon, Nov 2

HispanicBusiness.com is the #7 News Source for Ford Motor Company

US giant automaker Ford Motor Company (NYSE:F) announced Monday a net income of 997 million US dollars in the third quarter, surprising many analysts as weak economic conditions continue worldwide. This marks the company's first operating profit since the first quarter of 2008, the co...

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4 mainstream media weighed in on a similar topic

3 Weeks Ago, CBS 5 says (in Ford Posts $1B In Third-Quarter Profits) Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011.

Thumbnail And Michael Fowlkes from BloggingStocks says (in Ford (F) posts surprising profit for its third quarter) Going into this morning's earnings release, analysts had expected to see the Dearborn, Michigan-based auto manufacturer to lose 12 cents per share. But Ford had other ideas, posting a profit of 29 cents per share, or $997 million.Continue reading Ford (F) posts surprising profit for its...

And Hartford Courant says (in Ford swings to profit as sales beat target) SAN FRANCISCO Ford Motor Co. shares jumped 10 percent in early trading Monday after the automaker reported a surprising third-quarter profit and painted a rosier outlook for 2011. At last check, Ford stock was up 69 cents at $7.69 and has now soared more...

Thumbnail And Trey Thoelcke from BloggingStocks says (in Ford earnings preview: Inching toward the black) During the three months that ended in September, Ford's Fusion saw record sales, it announced a boost in production, and it opened a plant in Thailand. Analysts surveyed by Thomson Reuters expect this leading auto maker to report that it further narrowed its net loss to $0.12 per share. That...

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