UPDATE 2-Ford posts profit, autos disappoint again

Newswire

(Adds details, background and byline) By Poornima Gupta DETROIT, Jan 20 (Reuters) - Ford Motor Co. on Thursday reported a quarterly profit, reversing a year-earlier loss, as earnings from its finance arm offset weak automotive operations. The No. 2 U.S. automaker said fourth-quarter net income was $104 million, or 6 cents a share, compared with a year-earlier loss of $793 million, or 43 cents a share. Ford took a charge of $390 million in the quarter to write down a receivable from ...

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