Ford Raises Earnings and Unveils New Plan for Jaguar
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The company raised its third-quarter earnings guidance today and unveiled a restructuring plan for its Jaguar division.
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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.
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The Ford Motor Company  is  expected to receive opening bids on Thursday for its Jaguar and  Land Rover brands from a number of companies including private  equity firms and other automakers, the New York Times reported  on Thursday, citing people with direct knowledge of the  situation.
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After launching three new cars last  year, Ford Motor Co. F.N will boost its sedan lineup this  year with the Mexican-built, mid-size Fusion, which is expected  to be on sale in the fall.
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U.S. blue chips advanced on Friday  after Ford Motor Co. F.N raised its earnings forecasts, while  wireless technology provider Qualcomm Inc. QCOM.O limited  gains on the Nasdaq after saying an accounting review may  reduce pretax income.
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NEW YORK - A bullish profit outlook from Ford Motor Co. sent stocks higher Friday as investors looked past a a disappointing report on consumer sentiment and new accounting problems at Qualcomm Inc...
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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. F.N raised its  earnings outlook on Friday, due to strength from its financial  services sector, even as it announced the end of car production  at a Jaguar plant in Britain and its withdrawal from Formula  One racing.
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Ford Motor Co. said Tuesday that third-quarter results swung to a profit on strong financial services revenue and automotive sales to beat Wall Street expectations.
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Ford Motor Co.  said on Tuesday it  was working with financial advisers on the best options for its  European luxury brands Jaguar and Land Rover.
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NEW YORK - 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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Ford Motor Co.  is launching a  strategic review of operations such as the Jaguar brand, that  may lead to asset sales or alliances with other companies, the  Wall Street Journal reported on Wednesday, citing people  familiar with the situation.
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Ford will raise $848 million toward its overhaul plan by selling Aston Martin, its British luxury sports car brand.
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U.S. blue chips advanced on Friday  after Ford Motor Co. F.N raised its earnings forecasts, while  wireless technology provider Qualcomm Inc. QCOM.O checked  gains on Nasdaq after saying an accounting review may reduce  pretax income.
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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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BRUSSELS - Ford, who have put their Jaguar Formula One motor racing team up for sale, are staying in rallying for the next four years, Ford Europe chief Lewis Booth said.
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Cash-strapped Ford Motor Co. took a step yesterday toward selling its Jaguar and Land Rover units when it received an undisclosed number of opening bids for the British automaking businesses.