Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

More on Ford's (F) Q4: Strong results in North America drove overall profitability with Europe...

  • Tuesday, January 29, 7:22 AM ET
    More on Ford's (F) Q4: Strong results in North America drove overall profitability with Europe piling up losses of $732M for the period. Total company production of 1.5M units was up 9% from a year ago. Ford China saw a 41% increase in sales and boosted its market share. For 2013, the automaker sees increasing market share in the U.S. and China while Europe stays the level. Full-year 2013 pre-tax profit of close to $8B is forecast. F +2.4% premarket. (PR)
Track new comments on this story

This news story has 4 comments:

  • Inspite of Europan losses,Ford showed a remarkable 4th Q.WHY,
    because of outstanding MGMT and PRODUCTS.Because of its fast
    runup in the stock price,I would expect a temporary correction in it's .value.( minor !! ).
    This stock has much higher to go ending 2013 and look out 2014 !!
    I will be adding to my large position on this correction.A great long term hold !! Good luck to all .
    29 Jan, 07:58 AM Reply Like
  • I agreee. The extra e was on purpose! Providing the US politicians are able top actually work to a comromise, cut spending and the budget, support housing and jobs, this is a company with renewed purpose and strength, I started adding to my position yesterday and if indeed the stock flounders to $12. 12.50 I will be adding a pant load more to my overweight position.. Well done AL and team.. GM could only dream of numbers this good... and no TARP!
    29 Jan, 08:22 AM Reply Like
  • Why is F getting crushed now?
    29 Jan, 10:57 AM Reply Like
  • Not really getting crushed. This is not crushing!
    Price over extended...went up to fast.
    Bad news...Europe eating up profits.
    The entire stock market goes up...and then comes down...and then goes up...and then comes down.
    Use these downs to buy more stock or sell more puts.
    29 Jan, 03:29 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)