Thu, 26 Jul 2012 17:51:39 GMT
Ford earnings better than forecasts
Ford Motor posted a
second quarter report with higher than expected earnings, but also the company doubled
its estimates for losses in Europe, where debt crisis is far away from being resolved. Soon after the report, company's
shares jumped higher than 1 per cent. Company's quarterly revenue declined by 6.2
per cent to $33.3 billion, mostly because of the loss of $404 million in