Ford Motor Co. suggested the U.S. stock market to turn green at the beginning of next week

Ford Motor Co. expensive in the U.S. stock market

In brief: Ford Motor Company net profit in the first half rose 5.61 times, the U.S. stock market has grown. Ford Motor Co. was the last of the Mohicans "for the U.S. auto market.

Ford Motor Company (Public, NYSE: F) up 12.72 points, gaining +0.63 (5.21%) to bidding the U.S. stock market Friday. Net profit of the second-largest auto concern in the U.S. Ford Motor Co. in the first half of this year totaled 4.68 billion dollars in 5,61 times more net profit for the same period last year, amounting to 834 million dollars.

Ford’s revenues in January-June this year amounted to 59.4 billion dollars, which is 16% above last year’s result at the level of 51.2 billion dollars profit per share of the company amounted to $ 1,1, in 3,66 times the earnings per share in the first half of 2009. in the amount of $ 0,3 Net profit Ford Motor in the II quarter of 2010. amounted to 2.59 billion dollars, which is 14,6% more than last year, amounting to 2.26 billion dollars revenue Ford in April-June this year amounted to 31.3 billion dollars, which is 16,7% higher than last year’s result at the level of 26.8 billion dollars profit per share of the company in the quarter amounted to $ 0.61, which is 11,5% less than last year in the amount of $ 0.69 Ford Motor Company appeared in 1903. and since then is one of the world’s leading automakers. The automotive owns about 90 productions in different countries (including Russia), the total staff of 213 thousand people. The company produces vehicles under the brands Ford, Lincoln, Mercury and Volvo (the brand in the near term will be sold to China’s Geely). Ford – the only auto manufacturer “Detroit Three”, which is done without government assistance in a crisis. His competitors – General Motors and Chrysler – had to go through bankruptcy.

Igor Tringlers
2010-07-25 14:30, Economics.

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