versus a net loss of $2.7 billion

Analysts on average had expected a loss of 50 cents per share on that basis,moncler quincy, according to Reuters Estimates.
The debt burden for the automotive business stood at $26.1 billion at the end of June,giubbotti moncler, down from $32.1 billion at the end of March.
Ford shares rose 7.4 per cent in premarket trade to $6.85 yesterday from $6.38 at Wednesday's close on the New York Stock Exchange.
The automaker said it expects cash flow to improve from the first half of the year and will continue to pursue actions to improve its balance sheet.
Ford posted an operating loss for the quarter that was better than analysts expected, excluding a net gain of $2.8 billion from one-time items that included the debt reduction actions,Moncler sito ufficiale, despite reeling global markets that helped push US rivals General Motors and Chrysler into bankruptcy.
Detroit: Ford Motor Company posted a $2.3 billion (Dh8.44 billion) quarterly net profit,doudoune moncler, mainly due to debt restructuring,Giubbotto Moncler Uomo, and said it was on track to at least break even in 2011, sending its shares up more than 7 per cent.
Ford said it burned through $1 billion in cash in its auto business in the second quarter, an easing from the first quarter's $3.7 billion outflow. The company had expected the rate to decline as the year progressed.
Ford executives have said the automaker has sufficient liquidity to complete a turnaround plan,moncler quincy pas cher, leaving investors focused on cash preservation and debt reduction.
Ford posted a net profit of 69 cents per share for the second quarter, versus a net loss of $2.7 billion,Piumini Moncler, or $3.89 per share,Moncler outlet, a year earlier.
The automaker said it expects the US economy to begin to recover in the second half of this year.

The loss from continuing operations and excluding one-time items was $638 million, or 21 cents per share.
Ford cut its automotive debt by about $10 billion by completing a series of transactions in early April and raised $1.6 billion through a public stock offering in May, using proceeds to support funding for a US union retiree healthcare trust.
The automotive business ended June with $21.0 billion in cash, compared with $21.3 billion at the end of March.
Revenue fell to $27.2 billion in the quarter, from $38.2 billion a year earlier. Analysts had expected $23.39 billion.
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UNITED NATIONS, Jan. 6 (Xinhua) -- UN Secretary-General Ban Ki-moon said here Wednesday that "Afghanistan will remain one of our main priorities in 2010," and the relations between Afghanistan and its international partners "must be reevaluated."

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