|
|
|
| October 21, 2006 | Saturday | Ramazan 27, 1427 |
Ford in red
DETROIT, Oct 20: Ford Motor Co. on Monday is expected to post its third straight quarterly loss as it details charges for shedding jobs and the toll the restructuring is taking on its cash position, analysts said. Ford, which has lost $1.44bn so far this year, last month unveiled a stepped-up cost-cutting plan that will reduce salaried jobs by 14,000 and hourly jobs by up to 30,000.—Reuters
|
|
|
|
