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Monday, September 29, 2014

Ford Cuts Earnings View As Europe, South America Lag



Investors.com http://ift.tt/1nBlt1i Ford Motor (F) slashed its pretax earnings outlook for this year to $6 billion from a prior forecast of $7 billion-$8 billion as key markets lagged. The No. 2 U.S. automaker warned that results in Europe will be worse than it expected and put losses in the region at $1.2 billion this year and $250 million next year. The company had predicted a profit in Europe next year. Ford added at its annual briefing for analysts that it doesn't expect the car


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