Rapporterande bolag

Ford har haussats länge nu, såklart går det inte så lätt att vända skutan.

NEW YORK (MarketWatch) -- Ford Motor Co. /quotes/comstock/13*!f/quotes/nls/f (F 17.34, -1.45, -7.72%) said Friday its fourth-quarter net income fell to $190 million, or 5 cents a share, from $886 million, or 25 cents a share, in the year-ago period. Adjusted income in the latest quarter totaled 30 cents a share. Wall Street analysts expected Ford to earn 48 cents a share, according to a survey by FactSet Research. During the latest quarter, Ford took a previously disclosed $960 million charge for completion of debt conversion offers. Ford said it reduced outstanding automotive debt by more than $1.9 billion during the quarter, and by a total of $14.5 billion in 2010. Ford Motor Credit Co. said its pre-tax earnings in the fourth quarter fell to $572 million, from $714 million.