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Company Writes About Automaker Jobs in Chicago

Posted on November 2, 2010

A company is penning an analysis about Ford Motor Company and automaker jobs in Chicago after the company’s big announcement today on hiring.

MicroStockProfit.com announces an investment report featuring Ford Motor Company. The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

“Ford shares were higher as the auto giant’s quarterly earnings came in above Wall Street’s outlook. Net income for the third quarter rose 68% to $1.69 billion, or 43 cents a share, beating analysts’ profit expectations of 36 cents a share. It was the Company’s sixth straight quarterly profit. Ford attributed the strong quarterly performance to its strong products, momentum in North America and continued success at Ford Credit.

“Investors also welcomed the news that it would pay down its revolving credit line by $2 billion and use cash to fully prepay the remaining $3.6 billion of debt owed to the VEBA retiree health care trust. Ford’s prepayment of the remaining $3.6 billion of debt is expected …”