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Global Markets Update: Ford Reports Lower-Than-Expected Q4 Profit

Friday, 27 Jan 2012 | 11:40 AM ET

U.S. markets mixed in response to 2.8 percent GDP growth. Chevron announces earnings were down 3.2 percent, while P&G beats but lowers estimates due to currency concerns. Ford cites increased commodity costs as it reports lower than expected Q4 profit. And Costa Cruises offers $14,460 to each Concordia passenger.