Ford chairman pleased with plans to return to profit
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Ford Motor Co's  Chairman Bill Ford on Sunday said the automaker's plan to return its North American operations to profitability in 2009 is "progressing very well."
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"It appears to me that we are seeing a return of legitimate earnings expectations..."
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Ford Motor Co.  on Thursday reported a quarterly profit, reversing a year-earlier loss, as earnings from its finance arm offset weak automotive operations.
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When Ford Motor Co. outlined a plan to shed a third of its workforce, I remembered my first reaction to the Way Forward turnaround strategy the troubled company launched last winter.
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Fordâs decision comes after its board met last week, according to people with knowledge of the situation.
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Strong results in its financial services sector and improved cost controls are allowing Ford Motor Co. to raise its third-quarter earnings expectation by 10 cents per share, it said Friday.
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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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Despite rising fuel prices that threaten sales of Ford Motor Co.'s bread-and-butter trucks and sport utility vehicles, chairman Bill Ford says the nation's No. 2 automaker is poised to sustain a financial turnaround by increasing its retail sales in the crucial American market.
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TORONTO (CP) - Stock markets rose Friday morning, helped by improved profit guidance from Ford Motor Co., while indications of tame inflation and low interest rates sent the Canadian dollar tumbling.
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Ford Motor Co. F.N on Tuesday said  its automotive business will improve this year, but overall  earnings will fall due to weaker profit at its financial  services unit.
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Ford Motor Co. F.N on Tuesday named   Alan Mulally president and chief executive officer, and said   Bill Ford will remain executive chairman.
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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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Ford Motor Co. F.N on Tuesday  reported a higher-than-expected quarterly profit as strength in  its finance arm once again offset a loss in its automotive  business.
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Ford has raised its third-quarter and 2004 profit forecasts because of strength in its financial services business and cost improvements in its car operations.
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Ford Motor Co.'s F.N Land Rover luxury   unit is on track to set a fresh record in global sales, helping   the brand attain sustained profitability, the unit's managing   director said.
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A bullish profit outlook from Ford Motor Co. sent stocks higher Friday as investors looked past a disappointing report on consumer sentiment and new accounting problems at Qualcomm Inc.
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DEARBORN, Michigan  - Ford Motor Co.  is ahead of where it expected to be in reducing an overhang of excess production capacity at this point in its turnaround effort and has made "encouraging progress" in stabilizing its U.S. market share, a senior executive said on Friday.