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Ford beats on third-quarter earnings but trims guidance for 2018 profit (F)

Ford CEO jim hackett

Ford turned in a good quarter, but it’s still dealing with significant challenges.

On Wednesday, Ford posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit forecast due to higher warranty and incentive costs, as well as lower-than-expected sales in China.

Ford reported a third-quarter net profit of $425 million, or read more >>>

Source:: BusinessInsider.Com