11-02-2009, 11:31 PM
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#1
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Not a casual user
Join Date: Mar 2006
Location: A simple man leading a complicated life....
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Have you driven a Ford lately?
Ford reports a nearly $1 billion profit
Quote:
The only major U.S. automaker not to file for bankruptcy this year earned $997 million, or 29 cents a share, compared to a loss of $161 million, or 7 cents a share on that basis a year earlier.
Excluding special items, Ford reported a profit of $873 million, or 26 cents a share, in the period. Analysts had been forecasting a loss of 12 cents a share for the quarter on this basis. Ford said it was the first pre-tax operating profit since the start of 2008.
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http://money.cnn.com/2009/11/02/news...ion=2009110217
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