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Ford sees $1.7B hit to fourth-quarter results

By Inquirer - 10 months ago
Ford Motor said on Wednesday it expects to record a pre-tax remeasurement loss of about $1.7 billion, related to its employees pension and other post-retirement benefits, in its fourth-quarter results. On an after-tax basis, Ford says the loss will lower its net income by around $1.3 billion. The Detroit automaker said the loss was driven

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