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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (205)4/17/2003 7:38:09 PM
From: Pacing The Cage  Respond to of 4905
 
"Ford Motor Credit Company reported net income of $442 million in the first
quarter of 2003, up $186 million from earnings of $256 million in the same
period a year ago. The increase primarily reflected a lower provision for
credit losses
and the net favorable impact of receivables sales, offset
partially by the unfavorable impact of a lower level of managed receivables."
biz.yahoo.com

And don't forget about their pension underfunding problems.