Its revenue gained to $36.0 billion from $32.1 billion. However, analysts were estimating earnings of $0.37 per share on revenue of $33.8 billion. For the full year, Ford now projects pretax profit to be higher than its profit in 2012.
Equities Trading UPAgnico Eagle Mines AEM was also up, gaining 18.10 percent to $30.54 after the company reported strong Q3 results and lifted its production forecast. Analysts at BMO Capital upgraded the stock from Market Perform to Outperform.
Equities Trading DOWN
Shares of Fusion-io FIO were down 25.29 percent to $9.69 after the company posted a FQ1 loss and issued a weak revenue forecast for the current quarter. JP Morgan downgraded the stock from Neutral to Underweight.
Commodities
In commodity news, oil traded down 0.14 percent to $97.00, while gold traded up 1.03 percent to $1,347.80.
Silver traded up 1.14 percent Thursday to $22.81, while copper rose 0.11 percent to $3.27.
The US trade deficit increased to $38.8 billion in August, versus a revised $38.6 billion in the previous month. However, economists were expecting the deficit to widen to $39.4 billion.
The preliminary reading of the Markit flash manufacturing PMI fell to 51.1 in October, versus a reading of 52.8 in September. However, economists were expecting a reading of 52.5.
The Kansas City Fed manufacturing index increased to 6 in October, from a reading of 2 in September. Data on money supply will be released at 4:30 p.m. ET.
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