Ford Sees Profit, but Auto Operations Poor
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Buoyed again by strong results at its financial services arm, Ford Motor Co. said Tuesday it swung to a profit of $266 million in the third quarter even though its worldwide automotive operations lost $609 million.
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DEARBORN, Mich. -- Ford Motor Co. narrowed its losses in the fourth quarter and for all of 2007 amid continued weakness in North America and said Thursday the outlook for U.S. sales in 2008 remains grim.
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Ford Motor Co  may accelerate  cost cutting if a slowing U.S. economy puts the auto maker at  risk of missing key financial goals in 2008 and 2009, the Wall  Street Journal reported in its online edition on Tuesday,  citing an interview with an executive.
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Ford Motor Co. (FN: Quote, Profile, Research) posted its fourth consecutive month of weaker US sales with a 7 percent drop in September results on Friday, and the automaker
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Ford Motor Co. F.N 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.
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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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Improved profit guidance from Ford energized stock markets this morning despite a consumer confidence reading that unexpectedly slipped.
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Ford Motor Co  posted a sharply narrower fourth-quarter loss on Thursday after cutting costs and boosting margins on vehicles and said it expects a net loss for the full year 2008.
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NEW YORK : A better-than-expected profit outlook from Ford juiced up trading on Wall Street, with gains capped by a lackluster reading on consumer sentiment and a fresh rise in oil prices.
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Ford Motor Co.&#39;s  European  division is sticking to forecasts of higher 2007 profits  although it is worried about Japanese competition due to the  weak yen, Chief Executive Lewis Booth was quoted on Saturday as  saying.
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Struggling car giant Ford expects to post a 20% drop in January US sales, but insists its turnaround is still on track.
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DETROIT -- General Motors Corp. and Ford Motor Co. reported disappointing US sales yesterday, prompting the nation's two largest automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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Ford Motor Co.  reported on Friday  a decline in monthly U.S. auto sales and slashed its North  American production forecasts yet again.
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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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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. (FN: Quote, Profile, Research) posted its fourth consecutive month of weaker US sales with a 7 percent drop in September results on Friday, and the
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DETROIT -- Ford Motor Co.'s sales dropped 14.4 percent in August as the struggling automaker ran into a declining market that analysts blame on rising mortgage payments and turmoil in the financial markets.