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Friday, April 27, 2012

ALERT: Ford Q1 earnings fall on overseas losses; North America improves

BREAKING NEWS ALERT April 27, 2012
 
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Ford Q1 earnings fall on overseas losses; North America improves
Bradford Wernle
Ford posted a decline in first-quarter earnings, strained by losses in Europe and Asia while North American profits rose. The company reported pre-tax operating profit of $2.3 billion, down $544 million from the first quarter of 2011. Operating profit in North America increased to $2.1 billion from $1.8 billion a year earlier.
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