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

Newswire

NEW YORK, May 26 (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 ...

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