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Written by:
Michael T
Date added:
October 13, 2015
Level:
University
Grade:
A
No of pages / words:
2 / 353
Was viewed:
1464 times
Rating of current essay:
Essay content:
Analysts surveyed by Thomson Financial had predicted a loss of 19 cents a share for the quarter and 17 cents a share for the year.
Special items for the year included a $705 million charge for separation programs in North America and a $208 million gain from the sale of Aston Martin.
Ford lost $3.5 billion for the year in its North American automotive operations, narrower than a loss of $6 billion in 2006...
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Ford said higher net pricing and lower costs helped offset losses from lower sales and unfavorable exchange rates. Full-year revenue for the region was $70.5 billion, up from $69.4 billion a year ago.
In the fourth quarter, Ford lost $1.6 billion in North America, compared with a loss of $2.7 billion in the year-ago quarter...
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