Friday, July 23, 2010

Ford Records Another Profit, And Sees More Gains Ahead

DEARBORN, Mich. — The Ford Motor Company on Friday said it earned $2.6 billion in the second quarter and expected to have more cash than debt by the end of 2011.

It was the fifth consecutive quarterly profit for Ford, whose turnaround has been gaining momentum as it has increased sales and market share in the United States.

- Spencer Kuvin
Cohen & Kuvin, P.A.

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