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Pompano Beach, FL -- (SBWIRE) -- 01/29/2013 -- On Tuesday, US second largest company Ford Motor Co (NYSE:F) estimated 2013 total operating profit would meet results past year as market share increase in the United States compensated increasing declines in Europe.
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Ford (F) reported that the sales guidance was worsening in Europe, and it now predicts to lose $2 billion in 2013, lower than the loss of $1.75 billion in last year.
Ford announced that a per-share pretax operating profit of almost $1.7 billion, or 31 cents in the fourth quarter, higher than the average analyst forecast of 25 cents a share, as per reported by Thomson Reuters I/B/E/S. This was also superior as compared to the $1.1 billion, or 20 cents a share, it gained in 2011 same quarter.
At the current trading session, Ford Motor Company (NYSE:F) shares are down -3.85% to $13.26 while the stocks are trading within the range of $13.16 – $13.59. In the past year, the stock has traded within a range of $8.82 – $14.30. Average daily trading volume is 3.56 million shares.
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If we look at a few other stocks within industry, General Motors Company, Tesla Motors Inc and Tata Motors Limited are in the top volume leaders. Let’s have a quick look on their Market performance.
General Motors Company (NYSE:GM) shares are down -1.42% to $28.42 while the stock is trading within the range of $28.23 – $28.82 in the current trading session. In the last 12 months the shares have traded between $18.72 and $30.68. The average daily trading volume is 12.37 million shares.
Why Should Investors Buy GM After the Recent Fall? Just Go Here and Find Out
Tesla Motors Inc (NASDAQ:TSLA) shares in the current session moved down -0.58% reaching $37.81. The stocks are trading in a range of $37.58 – $38.44. In the last year the stock has moved within a range of $25.52 – $39.95. The Company’s average daily trading volume is 1.23 million shares.
Has TSLA Found The Bottom And Ready To Gain Momentum? Find Out Here
Another rival company, Tata Motors Limited (ADR) (NYSE:TTM), is trading up +0.39% to $28.16. Intraday trading recorded the stock price in a range of $28.15 to $28.37. In the previous 52 weeks the stock’s price ranged between $18.83 and $30.85. Their average daily trading volume is 1.64 million shares.
Will TTM Continue To Move Higher? Find Out Here
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