Quarterly Profits

Ford Posts $13.6-billion 4Q Net Income: Nobody’s Impressed

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Ford Posts $13.6-billion 4Q Net Income: Nobody’s Impressed
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While 2011 marked Ford‘s biggest profit since 1998, fourth quarter results were still below the estimates of financial analysts. Despite marking Ford’s 11th consecutive quarterly profit, investors showed concern regarding the American automaker’s $190 million loss in Europe and $83 million loss in Asia. Ford stock had fallen 5.5 percent to $12.04 a share in… Continue Reading...