Friday, January 23, 2015

Ford takes charge of $800 million on Venezuelan currency

Ford said it will take a one-time pretax charge of $800 million in its fourth quarter results because the inability to exchange US dollars for Venezuelan bolivars has restricted operations in the South American country.





from Automotive News Breaking News Feed http://feedproxy.google.com/~r/autonews/BreakingNews/~3/o9CzhWU58yY/ford-takes-charge-of-800-million-on-venezuelan-currency

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