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Stillwater Mining Co. Message Board

  • fortuneking1 fortuneking1 Jan 29, 2013 9:00 AM Flag

    Ford earns $1.6B in 4Q

     

    Ford earned better-than-expected profits in 2012, earning $5.7 billion for the year, or $1.42 per share.

    Chief Financial Officer Bob Shanks said Ford expects even higher results for North America this year, as demand for Ford's pickups and its newest products the Escape small SUV and Fusion sedan will likely grow.

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    • Ford is SWC's BIGGEST customer! As they go so does SWC. Also, Ford is ramping up TWO major new production lines in Michigan: one for the wildly popular and in short suppy Fusion, the other for an extended Lincoln to be EXPORTED to China specifically for that market. It is cheaper to build them in MI than China!

      Sentiment: Strong Buy

 
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