UPDATE 3-Ford posts quarterly profit, raises 2010 outlook

Newswire

* Q1 operating profit 46 cents; Street view 31 cents * Ford raises 2010 outlook to 'solidly profitable' * Ford raises Q2 North American production plan by 5 pct * Shares down 0.7 pct, hit 5-year high Monday (Adds analyst's remarks, details on cash flow, outlook) By David Bailey and Soyoung Kim DETROIT, April 27 (Reuters) - Ford Motor Co posted a $2.1 billion first-quarter profit that exceeded Wall Street forecasts as North American production and sales picked up, and it raised its ...

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