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  1. Ford making turnaround progress

Ford making turnaround progress

Ford on Monday announced third quarter net income of US$997m, up $1.2bn from the third quarter of 2008, pre-tax operating profit up $3.9bn to $1.1bn ? its first pre-tax operating profit since the first quarter of 2008 ? and an operating profit of $357m at its North America operations, the first quarter in the black since Q1 2005. It has also revised its full-year 2011 guidance for total company and North American automotive operations from ‘break even or better’ to ‘solidly profitable’, pre-tax

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