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Ford’s Quarterly Operating Profit Dips to $1.1 Billion

Ford Motor Co. netted $13.6 billion in the fourth quarter of last year—including a $12.4 billion one-time accounting gain—compared with $190 million in the same period of 2010. Revenue rose 6% to $34.6 billion as sales rose 3% to 1.43 million units.
But pretax operating income, which excludes special items, dropped [...]

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