Ford's profits will accelerate as Europe improves: Barron's

[riky]

Ford's profits will accelerate as Europe improves: Barron's

<p><a href="http://news.yahoo.com/fords-profits-accelerate-europe-improves-barrons-001322204.html"><img src="http://l.yimg.com/bt/api/res/1.2/geJFrTAf6DUcVnx1C3tPzA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-05-27T001322Z_1_CBRE94Q00MG00_RTROPTP_2_FORD.JPG" width="130" height="86" alt="The Ford Motor Company logo is shown during the firm's annual meeting of shareholders in Wilmington" align="left" title="The Ford Motor Company logo is shown during the firm's annual meeting of shareholders in Wilmington" border="0" /></a>NEW YORK (Reuters) - Shares of Ford Motor Co have surged nearly 40 percent over the past year, but the company isn't yet firing on all cylinders, said Barron's in its May 27 edition. Last quarter, Ford's pretax profit in North America reached the highest level in a decade, but losses in Europe widened. The good news is that demand in Europe appears close to bottoming out, and may have done so already, Barron's said. As the continent becomes less of a drag, the stock could climb another 50 percent over the next two years, Barron's said. Ford shares finished at $14. ...</p><br clear="all"/>

Source: You are not allowed to view links. Register or Login