Ford Swings to 3Q Profit, Beats Estimates
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Ford Motor Co. said Tuesday that third-quarter results swung to a profit on strong financial services revenue and automotive sales to beat Wall Street expectations.
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A better-than-expected profit outlook from Ford juiced up trading on Wall Street, with gains capped by a lackluster reading on consumer sentiment and a fresh rise in oil prices.
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Ford Motor Co. F.N on Thursday  reported a quarterly profit, reversing a year-earlier loss, as  earnings from its finance arm offset weak automotive  operations.
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Third-quarter net income rose 7.4 percent to $960 million, helped by strong demand in international markets. The company also raised its full-year profit outlook.
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Bank of America Corp., the nation&#39;s third-largest bank by assets, said Thursday that its third-quarter profit climbed 29 percent on the strength of increased lending and fees from consumer banking resulting from the FleetBoston acquisition.
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Strong results in its financial services sector and improved cost controls are allowing Ford Motor Co. to raise its third-quarter earnings expectation by 10 cents per share, it said Friday.
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Ford Motor Co.'s F.N European division   was on track to post a profit in 2006 for the third consecutive   year, Ford Europe Chief Executive John Fleming said on   Thursday.
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US Airways Group Inc.  swung to a third-quarter profit from a year-ago loss, topping Wall Street forecasts on strong demand and rising fares, the airline said on Thursday.
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The company Friday said it expected to post a profit in the third quarter, thanks to Improved pricing and product mix and higher unit volume, reversing a year-ago loss.
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Ford Motor Co. (FN: Quote, Profile, Research) reported a stronger-than-expected quarterly profit on Tuesday, but losses widened in its core automotive business
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Third-quarter profit rose 5 percent, helped by sales growth in its U.S. retail market and Canada, the company said.
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NEW YORK - A bullish profit outlook from Ford Motor Co. sent stocks moderately higher Friday as investors looked past a disappointing report on consumer sentiment and a big rise in oil prices...
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Third-quarter operating profit at Volkswagen  rose more than 50 percent thanks to resurgent earnings at its core VW brand after the world's fourth-largest carmaker cut thousands of jobs last year.
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Fourth-quarter earnings rose 3 percent as record levels of political advertising on its broadcast outlets helped offset higher newspaper costs.
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The investment firm reported strong third-quarter earnings.
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Ford Motor Co. swung to a third-quarter profit, but losses at the automakerâs global automotive operations widened, underscoring the difficulty Ford still faces
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Ford Motor Co.  on Thursday reported a quarterly profit, reversing a year-earlier loss, as earnings from its finance arm offset weak automotive operations.