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Ford Shares Posting the Second Best Gain in the SP500 |
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Written by Danny Miller
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Tuesday, 05 January 2010 14:01 |
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New York, Jan 5th (TradersHuddle.com) – Ford (NYSE:F) shares were soaring 8.27% to $11.14, posting the second best percentage gain in the S&P 500.
Ford (NYSE:F), the only U.S. automaker that did not received any government bailout funds, easily outpaced industry expectations after the company reported December sales that jumped an adjusted 23.3%.
The sales gain allowed Ford to end 2009 on an upswing. Ford said it sold a total of 184,655 vehicles last month, up from 139,067 in the same month last year.
The company said that last year it posted its first full-year market share gain since 1995, with December also marking the 14th time in 15 months that Ford increased retail market share.
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