Friday, July 27, 2007

Ford shares up on forecasts for faster turnaround

(Reuters) - Johnson is now forecasting a narrower 2007 loss for Ford of 62 cents per share from his earlier estimate of a loss of $1.77. He expects Ford to lose 23 cents a share in 2008.




Ford on Thursday posted a profit of $750 million, its first in two years, on improved auto business and cost-cutting in its troubled U.S. operations.


Read more at Reuters.com Hot Stocks News

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