Earnings roundup: Ford, DineEquity

Earnings roundup: Ford posts better-than-expected results; DineEquity triples 3Q net income

Associated Press

Among the earnings stories for Tuesday, Oct. 30, from AP Business News:

— Ford Motor Co., the automaker, posted better-than-expected third-quarter results thanks to a record $2.3 billion pretax profit in North America. Higher prices and lower spending on ads and incentives contributed to North America's bottom line. But losses in Europe hurt profits.

— DineEquity Inc., the parent company of Applebee's and IHOP, said the sale of nearly 100 of its restaurants to franchisees helped more than triple its net income in the third quarter.


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