>
> Breaking News Alert
> The New York Times
> Fri, July 23, 2010 -- 7:28 AM ET
> -----
>
> Ford Earns $2.6 Billion Profit, and Projects Improvement in 2011
>
> The Ford Motor Company on Friday said it earned $2.6 billion
> in the second quarter and expects 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.
>
> Ford, the only Detroit automaker not to file for bankruptcy
> protection or receive emergency federal aid, said it expects
> to be profitable in the second half of this year and deliver
> even stronger results in 2011. It said profits in the second
> half of 2010 would be less than the $4.7 billion it earned in
> the first half, however, due to seasonal changes in demand
> and new product introductions.
>
> Read More:
> http://www.nytimes.com/aponline/2010/07/23/business/AP-US-Earns-Ford.html?emc=na
>
> -----
> Breaking News Alert
> The New York Times
> Fri, July 23, 2010 -- 7:28 AM ET
> -----
>
> Ford Earns $2.6 Billion Profit, and Projects Improvement in 2011
>
> The Ford Motor Company on Friday said it earned $2.6 billion
> in the second quarter and expects 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.
>
> Ford, the only Detroit automaker not to file for bankruptcy
> protection or receive emergency federal aid, said it expects
> to be profitable in the second half of this year and deliver
> even stronger results in 2011. It said profits in the second
> half of 2010 would be less than the $4.7 billion it earned in
> the first half, however, due to seasonal changes in demand
> and new product introductions.
>
> Read More:
> http://www.nytimes.com/aponline/2010/07/23/business/AP-US-Earns-Ford.html?emc=na
>
> -----
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