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Ford Shares Climb as Profit-Rich SUVs Drive Outlook Higher
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-Craig Trudell, Bloomberg Managing Editor of Global Business Coverage, recaps Ford earnings. Ford Motor raised its profit outlook for the second time this year as consumers continue to buy the automaker’s high-margin sport-utility vehicles. The company's quarterly earnings were better than expected, and it now expects to earn as much as $11 billion before interest and taxes this year, up from its prior forecast.
-Diksha Gera, Bloomberg Intelligence Global…
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