Ford Brings In The Q1 Bacon

Ford beat expectations with a first quarter 2011 net income of $2.6 billion, an increase of $466 million from the first quarter 2010. First quarter 2011 pre-tax
operating profit was $2.8 billion. Ford Credit contributed $713 million to the pre-tax operating profit. J.P. Morgan analyst Himanshu Patel called the Ford Credit results "unsustainable." Patel had [...] Read More: /
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