Egads... How could they do such a thing? Rumor has it that it was because they laid off a boat load of people. Ford's profit was 16 cents a share, I wonder if this is the reason for the decline in the stock exchange???
Yes Ford Motor Company shocked Wall Street analysts just minutes ago by announcing a $750 million net profit for the 2nd quarter of 2008. the same time last year they lost $317 million!
The analysts predicted that Ford would post major losses for the 2nd quarter! Humm... I hope this is not some sort of financial coverup???
Could we have another Emron?