Ford Posts $266 Million Profit for 3rd Quarter on Credit Unit
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Ford Motor Co., the second-largest US automaker, posted a $266 million profit for the third quarter, led by its unit that makes car and truck loans.
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Ford Motor Co. on Thursday reported a  quarterly profit, reversing a year-earlier loss, on the  strength in its finance arm.
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Automaking giant DaimlerChrysler AG said Thursday it earned nearly $1.2 billion US in the third quarter on good performances from its financial services division and its US Chrysler arm, rebounding from a big loss a year ago when it had a
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Auto retailer reports that profit fell 6 percent in the third quarter as sales of new cars declined. DETROIT  - Auto retailer CarMax Inc.
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Buoyed again by strong results at its financial services arm, Ford Motor Co. swung to a profit of $266 million in the third quarter even though its worldwide automotive operations lost $609 million.
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Buoyed again by strong results at its financial-services arm, Ford swung to a profit of $266 million in the third quarter even though the loss at its worldwide automotive operations widened and its market share in the key US market fell by more than a
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The company Friday said it expected to post a profit in the third quarter, thanks to Improved pricing and product mix and higher unit volume, reversing a year-ago loss.
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DEARBORN, Mich. -- Ford Motor Co. said Monday it plans to get about $18 billion in financing in part to address near- and medium-term negative operating-related cash flow and fund its restructuring.
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Ford Motor Credit, the financial arm of   Ford Motor Co. F.N said on Thursday it would cut 2,000 jobs   -- almost a quarter of its staff in North America -- and close   branch offices in order to cut costs.
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NEW YORK - A bullish profit outlook from Ford Motor Co. sent stocks moderately higher Friday as investors looked past a disappointing report on consumer sentiment and a big rise in oil prices...
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Bank of America Corp. , the No. 3 U.S. bank, on Thursday said third-quarter profit rose 29 percent, helped by its purchase of FleetBoston Financial Corp. and growth in deposits and credit card issuance.
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Third-quarter operating profit rose more than 50 percent thanks to resurgent earnings at the companyâs core VW brand.
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A quarterly profit of $3.2 billion was driven by increased trading volume and merger activity.
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Bank of America Corp. on Thursday posted third-quarter profits of $3.76 billion, or 91 cents per share, a penny ahead of Wall Street&#39;s expectations.
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Ford Motor Co. F.N on Thursday  reported a quarterly profit, reversing a year-earlier loss, as  earnings from its finance arm helped override weak automotive  operations for the third straight quarter.
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Costs linked to recalls and quality problems at DaimlerChrysler&#39;s Japanese truck and bus unit will hit third-quarter operating profits by $493 million, according to the company.
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Ford Motor Co.  on Friday raised its third-quarter and 2004 profit forecasts because of strength in its financial services business and cost improvements in its car operations.