The Traderszone Network

Published in TZ Latest News 12 January, 2016 by The TZ Newswire Staff

Ford sets a special $1 billion dividend, but profit outlook disappoints

The No. 2 U.S. automaker said it expected record 2015 pre-tax profit, excluding special items, in the “upper half” of its outlook for $10 billion to $11 billion. Profit for 2016 will be at least as high, excluding special items, said Ford. Analysts were expecting pre-tax profit of $11 billion for 2016, on average.