Ford posts profit after one-time gains, shares rise | Reuters

DETROIT (Reuters) - Ford Motor Co posted a $2.3 billion quarterly net profit, mainly due to debt restructuring, and said it was on track to at least break even in 2011, sending its shares up more than 7 percent. Full Story »

Posted by Samuel W. Velsor IV - via Reuters
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Subjects: Business
Topics: Finance, Cars
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Posted by: Posted by Samuel W. Velsor IV - Jul 23, 2009 - 5:54 AM PDT
Content Type: Article
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Edited by: Samuel W. Velsor IV - Jul 23, 2009 - 7:32 PM PDT

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Samuel W.  Velsor IV
4.1
by Samuel W. Velsor IV - Jul. 23, 2009

Considering the automobile industry as a whole that Ford was able to show a profit is somewhat amazing, but they were the one company that did not take government funds. One would have to congradulate their management team.

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