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-0.000715307582260357 -0.000693848354792596 0.000715307582260357 0.00070815450643777 0.00070815450643777 0.00070815450643777 0.00070815450643777 0.00070815450643777
Stock impact report

Ford warns Wall Street it will take a $600 million pre-tax loss in Q4 [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
The automaker, which reports its fourth quarter and full-year results after the close of market on Feb. 10, disclosed this latest news in a government filing late in the day on Jan. 29. Ford said in the filing that $300 million of the loss is associated with U.S. pension plans and the other half is connected to pension plans outside the United States. In the U.S. Securities and Exchange Commission filing, Ford said it will take a "remeasurement loss" for its U.S. plans, which was largely due to actuarial losses compared to plan assumptions. A remeasurement loss means a company has reevaluated the value of long-term assets or foreign currency and found the assets have decreased in value compared to anticipated figures. Actuarial losses are financial shortfalls in pension plans. Ford said non-U.S. remeasurement costs were a result of measurement assumptions, including improved life expectancy. On an after-tax basis, Ford said the loss will decrease its fourth-quarter net income by Show less Read more
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