Earnings & Sales Reports, Ford | featured news

(Image from article: "Ford keeps rolling as net income jumps, debt eases")

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Ford keeps rolling as net income jumps, debt eases

Ford Motor Co. is on a roll. Its popular new cars and trucks are grabbing a bigger share of the U.S. market. It's about to erase a big portion of its health care debts. And Ford is adding a significant number of jobs for the first time in years.

Ford Results Lifted by Debt Reductions

One-time restructuring gains gave Ford a quarterly profit of $2.3 billion, despite a loss at its automotive operations.

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Ford loses $1.4 billion but beats expectations

Despite plummeting sales, its per-share loss is about half of what analysts had predicted. Also today, GM borrows more federal funds, and reports point to Chrysler bankruptcy.

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