January 28th, 2011 
admin Ford shares plummet 12% in midday trading after its quarterly earnings disappoint investors. The automaker reported a 2010 profit of $6.6 billion, a 141% increase over the previous year, due to cost-cutting, better vehicles and a strengthening economy. Despite posting its best annual profit in 10 years Friday, shares of Ford Motor Co. plunged 12% in midday trading after the company’s fourth-quarter profit fell short of Wall Street’s expectations.
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