Saturday, June 30, 2012

Ford Shares Fall on Profit Warning

Ford Motor Co. shares fell as much as 4.6% early Friday, a day after the auto maker warned investors that it expects a decline in second quarter profit as a result of significant losses outside of North America.

Shares were down 46 cents to $9.63 in late morning trading. That is the stock's lowest point since Oct. 3, 2011.

On Thursday, Ford disclosed that second-quarter pretax losses in its Asian, South American and European regions could reach about $570 million, three times more than the ...

Ford Motor Co. shares fell as much as 4.6% early Friday, a day after the auto maker warned investors that it expects a decline in second quarter profit as a result of significant losses outside of North America.

Shares were down 46 cents to $9.63 in late morning trading. That is the stock's lowest point since Oct. 3, 2011.

On Thursday, Ford disclosed that second-quarter pretax losses in its Asian, South American and European regions could reach about $570 million, three times more than the ...

Source: http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7011/~3/Sj18qYzrZrw/SB10001424052702303649504577496631817564926.html

record store day 2012 detroit red wings jose canseco zimmerman derek fisher lyrid meteor shower hippocrates

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.