Ford Motor Company, Quarterly Earnings | featured news
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Both companies report rising sales, but Ford Motor Co. says profits fell about 8% compared with the same period last year as the automaker paid off debt and invested in new vehicles.
Ford Motor Co F.N posted a stronger-than-expected quarterly profit of $2.6 billion and said it was on track for higher earnings and lower debt in 2011, sending its shares up 3 percent in premarket trade.
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Senh: That's good to hear. At least one U.S. auto company is doing well.