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Ford Motor Co.earnings probably topped $1 billion, the first time since 2005 the automaker will have posted a net profit for four straight quarters, after Chief Executive Officer Alan Mulally cut back on discounting.
Ford may earn $1.08 billion in the first quarter, the average of five analysts' estimates compiled by Bloomberg. U.S. deliveries surged 37 percent, more than twice the industrywide increase, and it had the smallest discounts among domestic automakers, according to researcher Autodata Corp...
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