Bernie Mcginn News
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Ford Motor Co. Chief Executive Officer Alan Mulally said he has no timetable for retirement and his boss, Executive Chairman Bill Ford, is just fine with that.
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Ford Motor Co. probably will post earnings exceeding $1 billion tomorrow, capping its first run of four straight quarterly profits since 2005, after Chief Executive Officer Alan Mulally cut back on discounting.
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Ford Motor Co. , the world’s most profitable automaker, is generating enough cash to pay off billions in debt after reporting third-quarter net income of $1.69 billion, the most in its 107-year history.
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Ford Motor Co. may make part of its required $859 million payment to a union health-care fund this week in stock, a sign of potential weakness in the shares as the U.S. auto sales recovery stalls, analysts said.
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Ford Motor Co. Chief Executive Officer Alan Mulally said he plans to stay with the automaker as it works to regain its investment-grade credit rating and restore the common stock dividend it suspended five years ago.
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Ford Motor Co. raised Chief Executive Officer Alan Mulally ’s compensation 48 percent to $26.5 million for 2010 as the automaker posted its largest annual profit in more than a decade.
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Ford Motor Co. , which caught up yesterday on preferred stock dividends it missed for 14 months, may resume payouts on the common stock as soon as 2012, according to data compiled by Bloomberg.
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Ford Motor Co. surpassed $16 for the first time in six years in New York trading and completed a 15 percent gain for the week after reporting a U.S. sales increase.
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