FordU.S. automaker Ford (F), viewed as the healthiest of the nation's automakers, says it earned $2.7 billion last year -- its first annual profit since 2005.

The news drove shares 4% higher before the opening bell but most of those gains were lost by the end of trading Thursday.

Ford, which remains the only big U.S. automaker to avoid a government bailout, has benefited by smart cost-cutting moves and sales of popular car and truck models.

Increase your money and finance knowledge from home

Understanding Stock Market Indexes

What does it mean when people say "the market is up 2%"?

View Course »

Portfolio Basics

What are stocks? Learn how to start investing.

View Course »

Add a Comment

*0 / 3000 Character Maximum