Ford Boosts Cash Horde; Sales & Non-GAAP Profit Beat
July 26, 2011 at 08:55 AM EDT
Ford Motor (F) posted quarterly sales and earnings that fell below Street estimates before the bell Tuesday, but the automaker's total cash position rose by $700 million to $22 billion. Profit fell to $2.4 billion, or 59 cents a share, on sales of $35.5 billion.