Ford Clears $2.4 Biilion In Second Quarter

Ford Motor Co. reported slightly lower second-quarter earnings today, primarily reflecting higher commodity and other costs, but achieved a further reduction in debt.

The Dearborn automaker reported $2.4 billion of net income for the second quarter, down $201 million from the year-earlier quarter.

Its pre-tax operating profit of $2.9 billion, or 65 cents per share, was down $64 million from last year, but ahead of analysts' expectations.

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internationalmanofmystery - 7/26/2011 2:51:01 PM

+1 Boost

Nice!

bfghemicuda - 7/26/2011 10:53:36 PM

+1 Boost

" Biilion " ????