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Detroit Escorts: Go Ford, shares up 9% Beating Expectations

Go Ford, shares up 9% Beating Expectations
Posted July 23rd, 2009 by theStockMasters…
Ford Motor (NYSE:F) shares are doing something amazing today, they are
going up to the tune of 9%!
  Ford Motor managed to beat analyst estimates and returned to profitability, wow!  Ford CEO and President Allan Mulally is a pimp, end of story, more on the move up today.
Ford reported a second quarter net income of $2.3 billion, or 69 cents per share, ( compared to the $8.7 billion loss in the year-ago-period ) against analyst expectations of a 50 cent per share loss. The company state that they remain on track to achieve their 2011 financial targets, with plans to move focus further still from prior years big sellers, SUV and Trucks, which have had substantial sales drops in recent months.

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