Ford Motors: Stuck In The Mud
By Doolan Wesley:There's no doubt that Ford Motor Company (F) is moving in the right direction from where it was a few years ago. The company has slashed debt, increased total revenues, and boosted operating income from the lackluster year, 2008. As of late however, the stock has stalled and for some, there is uncertainty why the stock has fallen after beating earnings expectations recently by 4 cents. The main culprit of this ongoing issue is Europe.Ford sales in the North America have been excellent and have continued to show growth in the slowly recovering U.S. economy. Their first quarter profit rose to $2.1 billion from $1.8 billion, revenue rose 4%, and they sold 36,000 more vehicles. Overall, though, their earnings fell 45% $1.4 billion due to the struggling European economy and poor sales in Asia. Uncertainty about Ford's success in markets outside North America have made investors cautious about buyingComplete Story »
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