Ford Motor Co.’s fourth-quarter and full-year 2010 financial results announced today are drawing mixed reactions, with Wall Street analysts lambasting the auto maker for missing projected targets and the United Auto Workers union applauding a $5,000 profit-sharing bonus. The auto maker’s fourth-quarter net income was $190 million or $0.05 a share, a decline of $696 million from year-ago. Ford attributes the drop in part to a $960 million charge for debt-reduction actions in the quarter ...
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