News for the Investor on July 29, 2015 - Millionaire Corner
The National Association of Realtors reports Wednesday that a gauge of pending home sales fell 1. 8 percent last month. Ford on the Road to Record Year with Record Quarterly Profit. Ford Motor Co. 's net income jumped 44 percent to $1. 9 billion in the second quarter. In North America, fully-loaded versions of the Ford Explorer, Ford Edge and Lincoln MKX SUVs drew buyers, who paid an average of $37,013 for the new Edge crossover in the second quarter, or $1,683 more per vehicle than they were paying for the... Ford reported that buyers of the bestselling F-150 paid an average of $3,800 more per truck in the second quarter, loading them up with pricey features, including a 360-degree camera and adaptive cruise control. Globally, the new S-Max wagon in Europe, the Ka small car in South America and the Mustang sports car in China also fetched higher prices. Ford pulled off a record quarterly profit of $2. 6 billion in North America despite those dealerships weren't fully stocked with the F-150 pickup. Case-Shiller Home Price Index Up Almost 5 Percent. Source: millionairecorner.com
