Ford Motor Co. reportedly ups its second-quarter outlook, saying it now expects a performance in the range of break-even to a profit of 15 cents per share. The revision comes thanks to a tax refund the company will receive during the quarter, Reuters news service reports. Ford initially expected the refund to materialize in the last quarter of the year. Ford earlier said it anticipated losing as much as 15 cents per share in the second quarter, due to decreased U.S. market share, higher ...
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