1st qtr

Ford swings to $100M profit in 1st qtr, beats Wall Street

Newsvine - business  Thu, 04/24/2008 - 06:08

Ford Motor Co. surprised Wall Street on Thursday with a $100 million profit in the first quarter as strong results from Europe and South America helped offset the impact of a slumping U.S. economy that cut car and truck sales in its main market.

Its shares rose almost 5 percent in premarket trading.


 

Coca-Cola profit climbs 19 pct in 1st-qtr as sales soar

Newsvine - business  Wed, 04/16/2008 - 06:16

The Coca-Cola Co. said Wednesday acquisitions, growth in its key carbonated beverage brands and success overseas helped boost its first-quarter profit by 19 percent on a 21 percent increase in sales.

The results beat Wall Street expectations, and its shares rose more than 2 percent in premarket trading.