The company posted a $1.4 billion loss for the first quarter of 2009. This has spurred "optimism" once again because the loss is not as great as expected. Its the good news within the bad. source
The optimism is also based on future expectations and projections for the company. It would not appear that Ford is in jeopardy of bankruptcy, at least not in the immediate future, unlike Chrysler and GM.
I predicted two rally days and three stinkers for the week. Right now we are at two and two. I hope I'm wrong...
Reuters: Stock futures rise after Ford results
...Ford Motor Co's better-than-expected quarterly results spurred optimism about the broader economy.
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