DALLAS, Oct. 27, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Ford Motor Company (NYSE:F). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Ford Motor Company designs, develops, manufactures, and services cars and trucks worldwide. It operates in two sectors, Automotive and Financial Services.
The Company was founded in 1903 and is based in Dearborn, Michigan.
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In the report, the analyst notes:
"Ford shares were higher as the auto giant's quarterly earnings came in above Wall Street's outlook. Net income for the third quarter rose 68% to $1.69 billion, or 43 cents a share, beating analysts' profit expectations of 36 cents a share. It was the Company's sixth straight quarterly profit. Ford attributed the strong quarterly performance to its strong products, momentum in North America and continued success at Ford Credit.
"Investors also welcomed the news that it would pay down its revolving credit line by $2 billion and use cash to fully prepay the remaining $3.6 billion of debt owed to the VEBA retiree health care trust. Ford's prepayment of the remaining $3.6 billion of debt is expected ..."
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