The company posted respectable earnings this AM, and beat analyst expectations. However, the stock is down/flat on the day. Why would this be? Was the market expecting Ford to beat before the earnings were posted?
They beat analyst expectations. That's what throws me off. Granted, your right; they do have problems with Europe and they're also losing money in South America. The losses were less severe thann analyst expectations though. I'm thinking the international exposure in general is looked upon negatively at this point in time, regardless of the Asian growth prospects.